How To Start Managing Counter-Offers
So the time has come! It is time to move on to that new opportunity and your existing business counter-offers!
Now there are numerous reasons not to accept a counter-offer (you can Google them!)
- If you felt you were underpaid, you’d have asked your boss for a raise.
- Replacing an employee can be expensive.
- They have not got time to recruit your replacement right now.
- They want to have you cover while they hunt for your replacement.
- They want you to finish the project you are working on.
- They don’t have the time to train someone new at the moment.
- Losing staff might reflect badly on your employer.
But in my opinion, it goes deeper than that!
Over the years of advising the C-Suite in the South-West region, I have often discussed how individuals feel they are perceived in their market and how they wish to be perceived. I make them fully aware that they are themselves a “Brand.” Linked In profiles often can tell a lot about an individual and it is so important to make sure it is absolutely the right time to look for a new position before exploring greener grass!
Consider this when managing counter-offers:
- Have you completed all the assignments/projects for the business you currently work for?
- Will you leave a business stranded halfway through delivering something you are responsible for?
- Have you had that frank conversation with management about how you feel?
- Have you explored every avenue and exhausted all lines of communications regarding your current role / future progression?
It is worth noting that counter-offers will always exist in some form and I have seen many monetary and emotionally charged counter-offers to last a lifetime.
“I really wasn’t expecting them to come back with ……….”
As the business world gets smaller always remember your name and reputation will carry in your industry. Leave on a good note, engage with your new opportunity for the right reasons at the right time and with the full and absolute intention of leaving.
If you wake up with a horse head in your bed, move it to one side and write that resignation letter with confidence, keeping your “brand” intact.
Written by Chad Edgecombe | 07701 015052
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