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Counter-Offers: Do They Merit Consideration?
You are one of the fortunate few who have not been downsized. However, your current job isn't exactly fulfilling. Perhaps it isn't what you enjoy doing. Maybe the hours are too long. Perhaps you are having some conflicts with your supervisor. Your salary may not be on par with average job salaries for the same type and level of position, or not come close to what you feel you are worth. Whatever the reason(s), you have decided to enter into a job search. So you begin your job search. You work hard and spend quite a bit of time searching for your new job. Your efforts are finally rewarded; you have received an offer. Congratulations! Now comes the hard part. Wait a minute! Did I just say "now comes the hard part"? What am I talking about? The hard part is finding your new job, isn't it? If you are employed while searching for a job, you must inform your present employer that you have received an offer of employment elsewhere. When you give notice, two things can happen. Either your present employer will accept, with regret, your decision, or they will do whatever they can to persuade you to stay. Your present employer probably spent a lot of time and money hiring and then training you. They are accustomed to your work habits and abilities, and know you work in harmony with your peers. You have achieved a number of accomplishments during your tenure there. To find your replacement at this juncture would be costly. Your company will most likely attempt to retain you with a counter-offer. A counter-offer represents the company's monetary sense of what it's going to take to retain you as an employee. It will be fashioned as an offer difficult to refuse, and include a substantial increase in your compensation along with whatever other perks are deemed necessary to win you back. What should you do? The answer can be found in the reason you went looking elsewhere in the first place. If you accept the counter-offer, you will make more money, but in every other respect, your situation will remain the same. You need to ask yourself if the added income and perks will let you overcome whatever it was that caused your lack of fulfillment. Temporarily, you may be satiated, but you will most likely reach a point where you eventually seek a new position. While it may be difficult to turn down a counter-offer, it may be your best option. The sooner you find yourself in a more fulfilling position, the more creative and happier you will be. Copyright © 2005 TopDog Group All rights reserved. David Richter is a recognized authority in career coaching and job search support. He has spent many years in recruitment, staffing, outplacement, counseling psychology and career management spanning most industries and professions. David founded TopDog Group in response to the needs of job candidates to have a higher quality of career coaching and support available on the Internet. David understands the mechanisms for success. He has formulated specific strategies anyone can use to secure interviews and receive offers. His extensive knowledge and experience sets David apart in this field, allowing him to offer a wealth of information and a vast array of tools, resources and strategies not found anywhere else. He has shown countless job seekers how to differentiate themselves and leverage their potential to the highest possible level, making a real difference in their careers. David holds both a Bachelors and Masters in Electrical Engineering and a Master of Arts in Counseling Psychology. David's website address is: http://www.procareercoach.com
MORE RESOURCES: Work At Chess.com Chess.com Report: community college students need more career guidance Inside Higher Ed Careers - Human Resources Kennesaw State University Will Artificial Intelligence Steal My Job? | On Careers | U.S. News U.S News & World Report Money Jobs and Training at FDA FDA.gov Careers Boys & Girls Clubs of America Careers at TWU | The Office of Human Resources | TWU Texas Woman's University Workers eager to fill 3,000 Las Vegas jobs to build Brightline Fox 5 Las Vegas Careers Fred Hutchinson Cancer Center Careers Micron Careers at FEMA FEMA Find a Job Samaritan Health Services Tesla mass layoffs impact Bay Area, with over 2,750 jobs lost San Francisco Chronicle Careers | Job Opportunities | MaineHealth MaineHealth Careers at Bucknell Bucknell University Curry College launches job guarantee program Inside Higher Ed Career Paths FEMA Job Search Results - Careers at UnitedHealth Group UnitedHealth Group My career race is in the home stretch, here's what I know Financial Times Industry sells workers on ag jobs The Western Producer Employment USC Upstate Veterans and transitioning military | VA Careers VA.gov Home | Veterans Affairs Green careers report: Understanding green jobs and their increasing demand The Economic Times Data indicates a strong job market but some employment seekers — even those with a Ph.D. — say they struggle Yahoo Finance Careers Smith College Grécourt Gate What Researchers Discovered When They Sent 80000 Fake Résumés to U.S. Jobs The New York Times Careers at NATO NATO HQ Apply for a Job The City of Vancouver, WA The Best Jobs in America in 2024 | Careers | U.S. News U.S News & World Report Money Despite lagging performance, California expected to avoid recession Los Angeles Times Join our team FHI 360 Careers at NADA | NADA NADA Blog Chesapeake Public Schools Employment Opportunities Chesapeake Public Schools Careers at USI University of Southern Indiana Careers Medline Newsroom Work for Us (U.S National Park Service Careers The Ocean Cleanup Careers at Air Liquide Air Liquide Careers | US Forest Service USDA Forest Service Careers in mental health services : Career Outlook: U.S Bureau of Labor Statistics Lawsuit claims Sheetz denied employment to class of job applicants because of their race WPXI Pittsburgh Careers Technip Energies Early careers UBS AI Will Transform the Global Economy. Let's Make Sure It Benefits Humanity. International Monetary Fund Careers CPKC Work Here UnitedHealth Group CoinGecko Careers: Careers at CoinGecko CoinGecko Careers with Impact IFC Press Releases Early Careers | Mondelēz International, Inc. Mondelez International It's Time to Rethink Traditional Career Trajectories HBR.org Daily Which US workers are exposed to AI in their jobs? Pew Research Center What We Offer UnitedHealth Group Best job site of 2024 TechRadar Education and Development WellSpan Health Career Symposium National Institute of Environmental Health Sciences The Challenges of Retiring from a High-Powered Job HBR.org Daily Opinion | The A.I. Economy Will Make Jobs More Human The New York Times In-Demand Jobs for Seniors | Retirement | U.S. News U.S News & World Report Money US economy likely generated 200,000 new jobs in July The Associated Press Explore and find your profession TotalEnergies.com John Lewis publishes job interview questions to aid preparation Personnel Today 40 Best Travel Jobs To Make Money Traveling (They Really Exist!) Expert Vagabond Find a Role Bain & Company Careers at UNHCR UNHCR Jobs Energy.gov Upgraded National Career Service portal to give job market a fillip Business Standard Employment Opportunities City of Windsor Careers City of Somerville Careers | City of Norfolk, Virginia - Official Website City of Norfolk (.gov) Jobs at Parks Canada Canada.ca Employment Opportunities Unity Health Toronto |
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