You have been miserable at your current position for a long time. You feel unappreciated; especially, having just found out your counterpart is making $5K more a year than you are. You are now seething internally. The solution is to find another job; a company that will appreciate your talents, see your worth and treat you with the respect you deserve. It must be fate, because the next day a recruiter calls you out of the blue and tells you about this incredible opportunity that seems to have been created, just for you! You are excited! This is what you have wanted! You ace the interview and receive a letter of offer from the company. The offer is $8K more a year and you have finally gotten that management position you have always wanted. Can things get any better?
You sign on the dotted line, ace the background check and your references come back glowing. You are now free to give notice to your current employer and you just can’t wait. You will show them! You type up your resignation letter and let them know that it’s been great, but they can’t provide a career path and company “B” not only has made you a manager, they gave you a $8K raise! It felt so good to throw the raise and promotion in their face; albeit, in a professional manner.
You float into work the next day – letter in hand – strolling into your boss’s office and asking if you can talk. Door closed, palms sweating, heart pounding; the feeling of apprehension and giddiness, simultaneously flooding your body, you present your letter of resignation. Done! Or is it? He reads your letter, removes his glasses, and looks you in the eyes. He then tells you that he doesn’t want you to leave. That you were going to be getting a promotion once the dust settled from the layoff that just occurred. Two managers were let go and now they are considering you, to oversee both departments. While they can’t give you the $8K the other company did, they can give you an additional $5K, with a management title. Before he accepts your resignation, he asks you to think about it and let him know the next day.
What a day! It just can’t get any better! You feel important, valued; finally, someone at your company has noticed! Or have they? In this scenario, you are just filling an immediate need they have. You are a temporary solution and by accepting the counter, you will burn a bridge with Company “B”.
Counteroffers rarely work out. Accepting a counter is easy to do; it doesn’t take you out of your comfort zone, it offers an incredible boost to your ego and it gives you a false sense of reality. But here’s the reality check, per a Wall Street Journal Survey:
You wanted to leave for a reason and those reasons are still there. Once the euphoria fades, the ego deflates and reality hits home, you are back to where you were; only now, the recruiter is gone, that incredible opportunity is gone.
If you want a true partner in your job search, contact Johnson Search Group.