Yes! You’ve accepted the job….
but now you have to navigate through the counteroffer too. Navigating through a counteroffer situation can be crucial in your career journey. Whether it’s due to market dynamics or your unique value proposition, knowing how to handle it with grace and clarity is essential.
Here’s a simple three-step guide to help you through…
- ACKNOWLEDGE:
Express sincere gratitude, emphasising the value you place on the offer. Politely request a bit of time for thoughtful consideration, underlining your commitment to making a well-informed decision that aligns seamlessly with your aspirations. This moment deserves the careful consideration it warrants.
- CONSIDER:
Your boss is extending a counteroffer for a reason. Perhaps it’s a testament to your indispensable role within the team or a recognition of the costly and time-consuming process of finding a replacement. These considerations highlight your value and the investment your company has in retaining you.
However, statistics paint a cautionary tale: while half of employees accept counteroffers, a staggering 80% of them depart within six months, with 90% leaving within a year. This begs the question: is monetary gain truly the root cause of your desire to leave?
Should You Accept?
Before hastily accepting, introspection is key. What is driving your decision to leave? Is it solely financial, prompting a conversation with your boss about remuneration before resigning? Or does it stem from a deeper desire for career advancement, a shift in industry, or a misalignment of values with the company culture? If any of these resonate with your motivations, a counteroffer may only serve as a temporary fix to deeper issues.
Consider, too, the lasting impact on your relationship with your boss. Once you’ve submitted your resignation, trust dynamics shift irreversibly. Doubts about your loyalty linger, casting a shadow over future interactions. In addition, accepting a counteroffer may inadvertently jeopardise your job security. By entertaining the idea of leaving, you inadvertently raise questions about your allegiance, potentially leaving you vulnerable in times of company restructure or redundancy.
In the face of a counteroffer, it’s imperative to weigh not just the immediate gains but also the long-term implications for your career trajectory and overall satisfaction.
- ACCEPT OR DECLINE
- How do you want to communicate your decision to your employer? Think about how you would be most comfortable doing this, e.g., in person or by phone etc.
- Express gratitude for the offer
- Clearly state your decision
- Give clear reasons for why you are accepting or declining
- You could provide a referral if you know of someone else looking for a job who you think could suit the role
- Finish on a positive note, express what aspects of the job you liked, and perhaps express a wish to keep in touch
In conclusion, navigating a counteroffer after accepting a job offer requires careful consideration and strategic decision-making. While it may be tempting to simply accept a higher salary or better benefits, it’s essential to assess the long-term implications and the overall fit with your career goals and values. Open communication with both your current employer and the prospective employer is key, as is maintaining professionalism and transparency throughout the process. By approaching the situation thoughtfully and respectfully, you can ensure a positive outcome that aligns with your professional aspirations and enhances your career trajectory.
Read more from Kameo here.