When you finally manage to get the job that you have been running after for months, there is no greater feeling in the world. The sense of achievement is enormous and no matter how many jobs you have changed in the past, a job which you have actually been trying to get for a long time is the best reward in your professional career.
A part of all the excitement of getting a new job is the question of how you are going to resign. There are many different ways your boss can react to your resignation. If it comes as a shock, the boss might be angry about it or he can be understanding of the reasons why you are leaving the company.
If you are a valuable employee and know how to do your job well, it is understandable that the employer might not want to let you go. Hence, in such a scenario, rather than letting you go to a rival company, the boss will offer you a better pay scale or a promotion. The purpose of this counter offer is to dissuade you from leaving the company.
Many times people do accept these counter offers as it means staying at a company where you are comfortable and know many people while getting a better salary. However there are many people who decline such offers and continue to join the new company due to various reasons.
When you are faced with an attractive counter offer it instantly gives you a boost making you feel good about yourself as an employee. When the employer wants you to stay on and offers compensations so that you are convinced, it reflects positively on your overall performance. The instant reaction that most people have when they receive a counter offer is to accept the offer and stay on.
However before you accept or reject the offer, you must be certain that you are making the right choice. Some of the important things you need to consider are:
- If you had been working in the same position for a long time and the employer made a counter offer only when you gave the resignation, it means that the only promotions you will get come whenever you decide to resign. So if you are seriously considering taking this offer, it is better to discuss this issue with the boss beforehand and make sure that you will receive more promotions based on your performance.
- Revisit the reason why you wanted to leave the company in the first place. If you were happy at this job and only thought of leaving after you got a better job offer, it might be okay to accept the counter offer and stay on. However, if you had problems such as a problematic superior, negative work environment or no growth opportunities, it will be a big mistake to accept the offer as you will be fed up of the job within a month and start wishing you had moved on to the better job.
- Even if you accept the counter offer and remain at company, you might be seen as a risky employee who might leave one time or another. This means that the employer will start making a plan to replace you and when and if the appropriate candidate comes forward, he might replace you. So consider about your future in the company before making any final decision.
- When you have already accepted the job at another company and you call them to tell that you are not joining, it puts them in a rough spot. They have to continue looking for another candidate and go through the entire process of head hunting again which might put you in their bad books. A professional career requires that you are on good terms so if you are thinking of not joining them, let them know before you get the offer letter and do apologise for the inconvenience.
In the end, the decision to accept or reject the counter offer depends upon all of the above factors and the personal call of the candidate. However if you carefully consider all the pros and cons of the counter offer, you will be able to make a better decision which you won’t have to regret in the long run.