Having worked here at Success for 12 years, recruiting across the Buying and Merchandising sectors from graduate level upwards, I’ve handled hundreds of offers, resignations and counteroffers.
Today’s B&M market is buoyant and opportunities are out there, but getting the right candidate with the necessary skillset and team fit isn’t straightforward – meaning the counteroffer tactic is becoming the norm with employers.
Candidates, my word of advice: don’t make the mistake and stay!
You’ve spent the last six months trying to grab five minutes of your manager’s time to run through that PDP, or remind them when you last had your appraisal. Finally, you’re sat in the office face to face and have their full attention. Do you really want to throw caution to the wind and hand in your notice…? Yes – don’t stop stick to the plan! And when you receive that counteroffer…
Ask yourself:
- Why did you want to leave in the first place? Most of the time it isn’t just about the money – it’s about how valued you feel; how motivated you are;. how frustrated you’ve become.
- Remember the work you’ve put into your job search and the excitement you felt in securing that new role!
- Why did you have to quit in order to get a pay rise? If the role hasn’t changed, what’s the difference? Suddenly they do value you and think you’re worth more – really?
- Do you want to continue working for a company that operates like this? Long term, how likely are they to fulfil your career aspirations?
- What about job security? Now you aren’t considered a loyal team member or committed to the company…
There are many questions you need to ask yourself and your line manager before making the final decision on whether to accept a counteroffer. But before you do, follow these simple rules:
- Make a list of pros and cons covering all aspects of the role and company.
- Discuss it with someone whose opinion you value and who really knows you.
- Don’t play games just to get a pay raise. Chances are, you’ll end up upsetting both employers and risk destroying your own reputation and career.
Remember this simple fact: the counteroffer is about THEM, not about YOU. It’s the situation – not the person. The inconvenience of replacing you is far greater than the pay off.
If you would like to have an informal discussion, please contact Tracey Griffin here about the roles we are currently working on.
