Over 80% of people who accept counteroffers, leave their employer in the next twelve months for the following reasons:
- When you resign, your manager will be understaffed and is more apt to tell you what you want to hear regardless of whether it can be provided.
- Money is never the only reason a person decides to pursue other opportunities.
- Counteroffers involving increased income are typically just future raises granted early because all companies have budgets with wage guidelines.
- Your loyalty will always be questioned.
- Your reason(s) for leaving will eventually resurface.
- Changes made as a result of a counteroffer may appease you in the short term, but rarely last for the long run.
- The counter-offer may actually be a stalling technique. By buying you back, the company has bought some time, perhaps to finish that big project, reorganize other team members or search for a suitable replacement.
Counteroffers can be tempting and ego-inflating. A counteroffer comes cloaked in flattery like one of the following:
- "You are much too valuable to the team to desert us now!"
- "We were waiting until next month but we are going to give you a raise/promotion because we appreciate your work."
- "We did not know you were unhappy here. Whatever it is, we can work it out."
Promises employers make after a resignation are because they have no choice. Companies offer counteroffers because they are forced to, not because they feel the employee deserves it. Counter-offers are always a bad idea for a candidate to accept. After the threat of you leaving is gone, they can treat you the way they have been. Again, over 80% of people who accept counter-offers end up no longer employed by that employer in the next twelve months.
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PLEASE NOTE:
After fourteen years of being located at 2918 East Layton Avenue, Milwaukee, WI 53235, we have relocated to 14260 West Greenfield Avenue, Suite 103, Brookfield, WI 53005 in June of 2011. Our current 262-786-4600 phone number replaces our former 414-744-4477 phone number.