When you’re faced with a counter offer from your current employer, you should ask yourself why you wanted to leave in the first place.
There are multiple reasons why an employee would want to leave, things like (but not limited too):
- Financial motivation
- Toxic work-environment
- False promotion promises
- Time for change and a new challenging job
All of the above reasons are fine and it’s only nature for you to feel the way you do. However, the hard truth is most people are driven by a financial incentive and when that incentive no longer meets their expectation, they leave in search of something better. Sometimes, a counteroffer can be that something better and sometimes, it won’t.
There are a few factors to consider when faced with a counter offer and this article highlights factors that you may not have thought of. It also helps outline a few points that should be taken into consideration before accepting a counter offer, https://www.davron.net/counteroffers-what-to-consider/ by Davron.
The article outlines a few reasons why a company will proceed with a counteroffer and the results of accepting a counteroffer.
Not all counter offers are bad. Some counter offers result in changing work-environment issues, honoring additional benefits that were previously requested, admitting that employee value had gone unnoticed and other non-financially motivated reasons. If your reason for resigning was not a financial motivation but a ‘cry for change’ and your current employer is willing to change it, then think about the following:
- Is what you have asked for in writing and will it be honored?
- Will the changes you have requested been taken seriously and is there a timeline to when the changes will be implemented?
- Has the company been forthcoming about specific changes that can and can not be met?
- Has the company improved your situation rather than made it worse?
- In the long run, will you be better off?
So before you make a rash decision to accept or ignore a counter offer, make sure that you have considered all the facts and can honestly say “Thank you, but no thank you.“
Preparing yourself for a resignation is something we all go through. Some resignations are easier than others and that’s understandable. However, when it comes to a resignation, be sure not to burn your bridges. “Someone knows someones who knows someone.”
When I decided to resign from my previous job, it took me a while to figure out the correct process as it was the first time I had ever resigned. So when I came across this article written by Clifford Chi – https://blog.hubspot.com/marketing/quit-your-job, it really helped me. It lists a number of factors I didn’t take into consideration at first and I thought that might be helpful to someone who really needs it.
Bring a Recruiter, I have assisted many of my candidates take that next step so whether you have a brilliant relationship with your Manager, Boss and/or Mentor or you’ve been ready for a promotion but it never came, either way you have decided to resign, and something I always tell my candidates, “don’t burn your bridges”.
Preparing your resignation letter:
There are many ways you can write a resignation letter but personally, a heartfelt resignation letter is usually the best way to go. Here are a few resignation letter ideas, in case you need some help: https://www.thebalancecareers.com/best-resignation-letter-examples-2063519.
A few personal tips that I have learnt over the years:
- Talk to your Manager/Boss and inform them of your decision. Be transparent and explain why you have decided to spread your wings. They may not like your decision and you may feel some apprehension from them but in time they will understand. They understand the staff come and go.
- Once you have spoken to your Manager/Boss, write a formal resignation letter for HR and formality purposes. It will keep you in their good books because you went the right way about your resignation.
- Never resign over the phone. It’s not only rude and very unprofessional, but it will make you seem like you didn’t care for the company in the first place.
- Never abscond. This is probably the worst thing you could ever do to your Manager/Boss. Rather formally resign by meeting with them and explain that you will be leaving with immediate effect, ensure all your responsibilities and tasks have received a proper handover and you have left no task undone.
A resignation is not easy but at some point in your life you need to spread your wings.