One of the most difficult parts of changing jobs is when it comes to the point of handing in your resignation to your existing employer.
Valued employees are an important asset to any company and there is never a good time for a company to replace an employee, many companies use counter offers in order to convince employees to stay.
Despite how flattering it might be, as a general rule it is not a good idea to accept a counter offer once you have made it known that you want to resign. Accepting a counter offer will rarely solve the issue that prompted you to seek other employment. In fact, according to national surveys of employees who accept counter offers, 50 to 80 percent leave within 18 months.
Keep in mind that emotions run high when a resignation is received, and employers may make promises that ultimately prove to be unrealistic.
- You had to resign to get a pay rise – You need to ask why the company were not paying you what you were worth in the first place. Should you really have to threaten to leave to get a pay rise?
- Things won’t change – Your frustration and dissatisfaction that led you to seek a new job will remain and it’s unlikely the pay rise will make the job more tolerable or easier. Whatever turned you off prior to the new offer will continue to be a factor.
- Well managed companies do not make counter offers – The reason they don’t make counter offers is because they have policies that are fair, equitable and are based on market conditions.
- You will always be considered a flight risk – Your employer will be wondering just how long it will be until you decide to resign again, and this uncertainty will not lend itself to a healthy working relationship.
- You’ve already accepted an offer – What about the new job you have already accepted? By
hiring you the new employer has already demonstrated a belief that you are valuable and you haven’t even had your first day yet.
Changing roles is one of the bigger life decision that we have to make. It is important to understand the many factors that motivated your decision to seek new employment in the first place and how this fits with your career plans. When it comes down to it usually the answer to accepting a counter offer is no.