After you resign from your current post, discussing it with manager, I know many people would advise against accepting the counter-offer. But what could the effects be in case you accept the counter offer? I just resigned and one of the reasons I mentioned was salary.
Just a little background info, I started off as contractor here and after 2-3 months they offered me permanent position. But the salary they offered was very low, you wouldn’t believe how the HR handled the ‘bargaining’ process, it seemed like I’m in a car-showroom. Anyway, during this process I told my manager that the salary is way lower than expected and I’m being contacted from other companies. He still wanted me to go ahead and accept the offer and not mention other companies to the HR, may be he thought I’m bluffing about other companies. So after 2-3 months as ‘permanent’ employee I found another job and have resigned. During resign-discussion, manager asked if ‘counter offer’ was an option, I being a diplomat didn’t say no :D, he went on to say ‘what if we counter-offer matched the offer’.
Depends on the two companies then.
What do you know about the other firm and what do you know about this one? How do they measure up if you were to do a pros and cons evaluation?
Proximity to home....work atmosphere.....benefits......etc.
All that and then finally you need to consider that once having resigned you have made a certain impression in the minds of the manager and the HR department.......is this impression one that you can live with? Will it hinder your future progress in this organization?
Both companies are fairly stable large organizations, close to home. Work environment: current is very relaxed environment, occasionally time-demanding, prospective: more time-demanding throughout (I blv).
Personally I don’t care about what HR thinks of me after resigning as they didn’t care about me when they offered me the permanent position. The manager is good and understanding and very relaxed type, not a micromanager, the prospective manager I don’t know about.
You may not care what HR thinks about you.....but HR's impact on your career will continue during your tenure at that organization.....so you can't totally disregard their input and involvement.
NO. You have already lost your manager's "trust" by attempting to leave and your loyalty will continously be questioned. Also, whenever time comes for layoffs, guess whos gonna be on the top of the list.
Rule of thumb is that when an "employee" attempts to negotiate the salary by competing offers, regardless of how much you offer, or able to retain the employee, he shall leave shortly, anyway. I bet your manager has already made contingent plans, assuming you are out of the picture. I don't see any long term benefits with sticking to your present employer.
One thing I always say, when ever you are attempting to get a new job, or evaluating whether to stick to your present one, make sure you cover all the following three:
Compensation: You want to be paid fair and market price, commiserate with your skill-set.
Career Growth: Where your career is going? Where do you see yourself with that employer in 5 years from now?
Company profile and Working Relationship: How well the Company is doing? Do you enjoy working with the people - your group?
If the answer to any of these three is in negative, then you are probably at the wrong place. Cheese has moved. You should move with it.
In your case, likely answer to #2 is that there is not much career growth now that you have shown an interest in moving to the next better offer. Pack up and leave.
Most career advisors and also people who've worked in HR will tell you NOT to accept a Counter-Offer... having worked in HR, I've personally seen the consequences a few times.
Even though it can be very tempting to stay with your current employer since you’re already settled in your job, you should keep in mind that your employer is probably making a counteroffer much more for its benefit than yours.
Think about why they waited to offer you what you were really worth until you resigned?
Secondly, like Faisal said, since you've made it clear that you want to jump ship, your loyalty will always be in question. When promotion time comes around, your employer will remember who was loyal, and who wasn't, and when times get tough, your employer will begin the cutback with you. Furthermore, you will always be considered a fidelity risk, and having demonstrated your lack of loyalty, you may lose respect of your peers as well.
From my own experience in HR, the two instances where counter-offers were made, the company was indeed making a counter offer only to take advantage of the employee until they found a cheaper and committed replacement. The company will maintain its original stance on a reference salary price for that position, and will start looking for a new person at a lower salary price, immediately. The wheels may already be in motion to replace you.
Lastly, I just want to say that well-managed companies are not in the habit of making counter-offers… their policies are fair and equitable, and because of this, they perceive counteroffer coercion as blackmail.
I was with this soon-to-be-ex-company for 5 months as contractor, then they offered me a permanent position. So overall, I’ve been here for about 8 months. Now good thing just happened this week, a big chunk of the group has been asked to relocate to a different city… I’ll have a good excuse for an employer later on
