Looking for a new job is a long and arduous process, and as candidates you must commit yourself the entire way. Once you have been through the entire process and end up at the stage of accepting an offer you must realize your current employer may present a counter offer. In Part One of Handling Counter Offers we will discuss how you can better prepare yourself to expect a counter offer.
Be Committed to your Job Search
You started your search for a reason, it could have been because you were looking to grow your career, you wanted new challenges or overall you have job dissatisfaction. Now, whatever the reason may be you have to 100% think about quitting your current job to go for another. It may seem like a simple task but you need to actually think about leaving your current place of work. Quitting is never easy and if you’re not fully committed to leaving, your current employer can sway you with their counter offer and your whole search would be for naught.
Expect the Counter Offer
Now, when commencing your job search you should expect your employer to present a counter offer when you submit your resignation. To better prepare yourself, you should think about all aspects of what your current employer may potentially present to you. If they offer you $5000 will you stay? If they offer you more money and an extra week of vacation will you stay? If they give you a promotion or new job duties will you stay? You have to expect your current employer to use whatever means to get you to stay. However, if you answered yes to those questions it is better to have a conversation with your employer to see how you can improve your current situation.
More money, more vacation, and improved role are all enticing when put into a counter offer. But as someone who initially wanted to leave their job, take a moment to think back to your initial motivation in wanting to leave. If you still feel the same way no amount of money, vacation weeks or improved role will keep you long-term. In Part Two of Handling Counter Offers we will discuss the employer’s perspective.
