Do You Accept the New Job Offer or Counteroffer from Your Current Employer?

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New Job Counteroffer

Do You Accept the New Job Offer or Counteroffer from Your Current Employer?

Just when you thought you’ll soon have a new job to settle into, your current employer comes back to you with a tempting counteroffer to keep you on the job. It may be a higher salary, a new job title, additional perks to the job, and the list can go on. So, do you move ahead with the new job or take the counteroffer from your current employer?

It’s a scenario that’s quite common. Most employers know it’s a challenge to fill an open position, especially if it comes when they least expect it. Having to hire someone new also means the need to train the new hire, which is additional time and money. So, what do you do as you’re left feeling unsure and uncertain about the counteroffer?

Here are considerations to help you decide on the counteroffer:

What’s Your Reason for Wanting to Leave in the First Place?

When you think about this, you ask yourself: “Does the counteroffer address the matter at hand?” If it doesn’t, accepting the counteroffer may very well have you wind up back to square one – you wanting to leave the job, again! Now if it does address the matter, you need to evaluate which offer supports your future growth better for the long run.

Are You Willing to Accept the Risks of a Counteroffer?

Impressions are formed as a result of your actions. The fact that you have already gone the path of job searching, accepted a job offer, and was about to leave your current employer for another job tells your boss that you are not as dedicated and loyal to the job and the company. You need to ask yourself, “Is my employer simply handing out the counteroffer to keep me on board until a suitable replacement is found or until a big project is finalized as to not jeopardize its progress?” And even if you’re not pushed out, will you be penalized for future growth at the company?

Certainly, many will see there’s a high risk to accepting a counteroffer, but there may also be the employer who sincerely values their employees and have gone about the wrong way but want to work things out.  It’s an assessment you can make knowing the employer best from being an insider. Look for the signs of what makes (or does not make) it a good employer.

Will You Regret Being Blacklisted from the Employer Who Extended the Job Offer?

If you’ve already provided official notice of your acceptance to the job offer with the new employer, and then you decide to retract your acceptance, it can blacklist you from future employment opportunities with the employer. Not only have you wasted the employer’s time, but it also says a lot about your character and professionalism.

Will You Be Happy?

Feeling regret means you will not be happy. No matter which path you decide to take, it should be one that you are committed to embracing fully with no regrets. There’s no point in thinking about the “What if” questions after you’ve made the decision. Consider whether you will be truly happy in the end with your decision and whether you can productively move forward as a professional with that decision.

No matter which path you take, handle it with professionalism and courtesy. How you act, what you say, and what you do all plays back to you as a professional.

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