If accepted, counter offers prove to be poor long-term career decisions.  Read below and discover why.

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 Beware the Counter Offer

As a valued employee, your company is likely to do whatever it takes to retain you when you resign. This is a compliment, and it will make you feel good about the years of hard work, commitment, and loyalty to your employer. However, you should think rationally about this offer and ask yourself some soul-searching questions.

Not only will accepting a counter offer hurt your reputation with your would-be employer, your current employer will also lose trust in your loyalty. If your current employer were truly interested in your career advancement, you would have known before deciding to quit.

Before contemplating a counter offer, consider the following questions:

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Ask yourself: If you were worth 'X' dollars yesterday, why are they suddenly willing to pay 'X + Y' dollars today when you were not anticipating a raise for some time. Where is the money coming from? Is it next year's raise?

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Consider the fact that your present employer could merely be 'buying time' with this raise until he can locate a replacement. Suppose you were given an annual raise of $3000.00 as a counter offer. When they find a replacement for you within 60 days, the actual cost to them is only $500.00.

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Will a raise make me happy, guarantee my loyalty and improve my morale? Is more money going to change everything in your present job? Consider the new opportunity you will be giving up that looked so favorable when you accepted it.

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The facility will probably feel that they were forced into giving you a raise which may cause some resentment.

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Realize that, according to the National Employment Association, over 80% of those people who elect to accept a counter offer are no longer with that company in six months. Why? Promises are not kept. And realistically, what are your chances for promotion now that you have considered leaving?

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Now that you've made your employer aware that you are unhappy, your loyalty will always be questionable. If there are future cutbacks, will you be the first to go because of concerns about your loyalty?

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Accepting a counter offer is an insult to your intelligence and a blow to your personal pride, knowing that you have 'sold out.'

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You'll be missing the opportunity to grow, diversify and start off in a position without baggage or restrictions.

More interesting points

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Studies show that job satisfaction is achieved through factors other than compensation alone.

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The same circumstances which cause a person to consider a change are likely to be repeated.

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Grandiose promises are difficult to keep.

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It seems unfortunate that you have to threaten resignation to get a well-deserved raise. Think about the implications. Talk to a mentor, your Med Team recruiter and some employees of the new facility to help you make an informed decision.

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The best way to approach your search for a new job opportunity is to make a list of all the reasons you want to leave your present employer. Revisit this list occasionally during your search.

If your current employer were truly interested in your career advancement, you would have known before deciding to leave for a new opportunity.

 

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