How to Decide if You Should Take a Counteroffer

How to Decide if You Should Take a CounterofferHow to Decide if You Should Take a CounterofferYou agonize. You think about the impacts on your family, coworkers, and yourself. You sway one way, then the other. Finally, you make up your mind toresign from your present job and accept the job offer from a new company with more pay and growth potential. On Friday morning, you get up the nerve. You give your two weeks notice by handing your letter of resignation to your boss. You feel relieved because you think the hard part is over. The excitement of starting a new job begins to replace the anxiety of quitting your present job. But that same afternoon, your boss throws a wrench in the works by making what appears to be an attractive counteroffer. Even your VP, whom you hardly ever see otherwise, asks you to reconsider. Youre flattered but confused. Its tempting to stay with what you know. Should you stay or should you go? Reasons for Accepting Counteroffers Most people find counterof fers hard to reject out of hand because they begin to question whether its worth giving up the familiarity and security of a job theyve had for years. After all, what if you take the new job and realize you hate your coworkers? Or maybe its further away and will add time to your morning commute. And at your current job, youve settled in youre comfortable in your role and know the lay of the land. Plus, if your bosses are making a counteroffer, that means they value you as an employee, right? They recognize your worth and want to keep you on. At a new company, youd have to prove yourself all over again. The Drawbacks of Counteroffers But dont make up your mind just yet theres another side to consider. Even though theyve sweetened the deal, keep in mind that the company is likely making a counteroffer much more for their benefit than yours. Why else would they wait until you resigned to offer you what youre really worth to them? In addition, once youve made it clear that you want to jump ship, your loyalty will be in question. They might be making a counteroffer only to take advantage of you until they find a cheaper or more dedicated replacement. Lastly, youve already been through the decision process. If youve weighed your options and concluded that the new company is a better fit, dont second-guess yourself now. Chances are that down the road, youll wonder how your life would have been different had you accepted, and youll regret choosing the comfortable route instead of taking the risk. For these reasons, most career advisors agree that its not a good idea to accept a counteroffer. How to Discourage or Decline Counteroffers To avoid encouraging a counteroffer, be careful what you say about why youre resigning. For example, avoid saying something like Im resigning because I need more money. If pushed, offer a simple, general reason instead, such as Its a career opportunity I cant reisepass up. Of course, if an offer is made, its important to use tact and finesse when declining, to avoid leaving bad feelings that might damage your references. However, avoid expressing resignation regret, as that might give your employer ammunition to pressure you to stay. Conclusion You know your work situation better than anyone, so ultimately, its up to you. But before jumping to accept a counteroffer, think long and hard about what you really want. Would you really have bothered job searching and going through the interview process if you were happy where you are? Probably not. Best advice take the job where theres room to grow and where theyll pay you what youre worth from the get-go.