Handling counter offers

A counter-offer is tabled by your current employer to rival the one you've received from your future employer in order to convince you to stay.

Counter-offers can take many forms: a straight salary increase, additional company benefits, a promotion or new job title, additional responsibility, change in role, more involvement in projects that interest you or any combination of these.

Reasons to keep you

Counter-offers can be confusing. Leaving a job, especially if you've been there for some time, is difficult. Being put under pressure to stay, and having your reasons for leaving challenged or undermined, does not make easy listening.

As enticing as counter offers may appear to be, it is important to keep a clear head, take a step back and consider the options available. Reasons why an employer might want you to stay include:

• Replacing an employee can be expensive
• It might mess up their budget to re-recruit that time of year
• They have not got time to re-recruit right now
• They want you to finish the project you're working on
• They don't have the time to train someone new at the moment
• Losing staff might reflect badly on them

Should I stay or should I go?

There is rarely a good reason to accept a counter-offer and stay where you are. You wanted to move, you've been through the recruitment process, been successful and have scored a job that meets your criteria. Think about these factors:

• From the day of your resignation, your loyalty will always be in question with potential promotional implications

• A counter-offer is tabled by your current employer to rival the one you've received from your future employer in order to convince you to stay. 

• Your boss will possibly start casting around for your replacement immediately – whether you stay or not
• Why are they offering you what you deserve now, rather than before your resignation?
• Has the real reason you resigned been adequately addressed?

Rocky ride ahead

Do not let an unexpected counter offer stop you in your tracks. Take it in your stride, thank your employer for the opportunity and reaffirm your intention to leave. Stand your ground. However, should you not decide to leave for pastures new, be aware that your resignation has not been forgotten.

You are going to have to work extremely hard to win back your employer's trust. You might have to strive harder than your colleagues to prove your loyalty and worthiness as a long-term prospect. Your new post-resignation life with your old company is not going to be easy.