A counteroffer is an offer made in response to another offer for a candidate seeking multiple a career change.

Leaving an employer or company can often be a significant decision. It can take more time to finally commit to actively seeking alternative employment, especially if you are parting ways with a firm you are or were once fond of. Whether you have hit a career hindrance or there is a change in strategy, which you don’t agree with, then there is a tendency to look at the situation with the anticipation that things will improve in the future.

When an appropriate opportunity arrives, it gets followed by mixed emotions. The initial happiness often sinks and is replaced by a nagging doubt about whether you are making the correct decision. This feeling can intensify further when you put in your resignation and your current employer propositions you with a counteroffer. It can be both flattering and tempting, but here are a few reasons why it is better to think a lot of time about accepting such a proposal.

Reasons to think before accepting a counteroffer

• Money isn’t everything

Working with a firm offer you more money may be flattering, and it may seem like a safe option. But the happiness connected with a pay raise will fade eventually. So, you need to ask yourself what were the reasons you wanted to leave in the first place in the long commute. Whatever else was creating a shadow on your happiness will still be there even though you are receiving a few more pennies in your pocket.

Of course, your current company may have offered you more than just a bump in salaries. They may have offered you a promotion or a change in departments. Eventually, with a new package, you need to weigh up the reasons you wanted to move in the first place with how the counteroffer will resolve many of the problems. If the latter is lesser than the former, then moving on will be the smarter alternative.

• Regrets, I’ve had a few.

When people retire to their death bed, they tend to regret the things they didn’t do rather than the things they did do. If you stay with your current organisation, there will always be the nagging sensation in the back of your mind of ‘what if’. As a human being, we tend to play it safe and err on the side of caution, but eventually, we find making advances and push ourselves much more rewarding.

Plus, do you really want to serve for a firm who doesn’t pay their staff appropriately until they get backed into a corner? If they valued their team and tried to retain them, you would have already been on the payroll they are offering.

• Burning bridges

Most people look after number one. Very few people would turn down a counteroffer just because it may upset the company offering the new Job opportunity or the recruitment consultant who worked hard to help them in landing it. But if the position you are turning down is with a firm you would like to work for in the near future then be careful not to burn bridges.

People will understand if it is a too excellent opportunity to turn down. But if you have been playing with them and your plans were always to stay with your current company if they made you a more fabulous offer, or you choose to stay for very little improvement, then they may not look quite as understanding. And the next time when you apply for a job role, you may not get your foot in the door.

If you have received a very attractive counteroffer, then talk things through with your recruiter and with the people around you, including family and friends. They understand the reasons why you were considering moving on from your present role or company in the first place. You might gain a clearer idea of what you really want from your next position, and you will probably feel more assured about your worth in today’s job market.

Call us at # +91 7795547089  or mail us at team@bssrecruit.com to have a better counteroffer in your career.

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