5 Reasons Why Accepting A Counter Offer Is A Mistake - Captivate Talent
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5 Reasons Why Accepting A Counter Offer Is A Mistake

5 Reasons Why Accepting A Counter Offer Is A Mistake

You’ve done all the hard work of finding the right job, going through the intense interview process and received the amazing news that they’re offering you the role. Before you pop the celebratory champagne, there’s one last step you have to complete–telling your current company that you got a new job.

The resignation process can be stressful and conflicting, especially if you receive a counter offer to stay. It’s normal to question your decision to take on this new opportunity, but staying can often be a huge mistake.

We’re breaking down the common misconceptions people tell themselves when faced with this particular decision and why they’re very often untrue.

“Staying where I am is the safe move.”

Of course staying somewhere you’re comfortable always feels easier, but staying somewhere you’re not fully satisfied at won’t make you happy in the long run. In fact, 80% of candidates who stay at their current company after receiving a counter offer end up leaving within a year.

“They finally appreciate me and realize my true value.”

Having your current company fight to keep you obviously feels great, especially if you previously felt under-appreciated. While they may genuinely want to keep you on board, you have to take into consideration that part of the reason they are buttering you up is because it’s inconvenient for them if you leave. Replacing and training a new employee is arduous and can take up valuable time and resources that they would rather not spend if they didn’t have to, so it’s easier to have you stay.

“They want me so much, they’re willing to spend more money to make me stay.”

A very typical way to keep an employee from leaving is to offer an increase in salary. While this is obviously tempting to accept, consider why they are only willing to give you higher pay now that you plan on leaving.

Unfortunately, it’s not necessarily because they value you as an employee and don’t want to lose you. Between recruiting, training and being a man down, hiring a new employee can be incredibly expensive and could actually cost the company more money than simply giving you a salary bump.

“I love my coworkers and don’t want to leave them.”

Job hopping is relatively common these days–it’s extremely rare for an employee to stay at the same job for years and years, and most companies expect to have some turnover.

However, once you declare that you got a new job offer, it can definitely complicate your relationship. Even if you show your commitment to your role, there may be a lost of trust in your loyalty and dedication since you were willing to leave previously.

This may impact your future in the company and your employers may be less willing to invest in you since they don’t think you’re fully invested in them.

“I know what I’m getting into at my current company.”

There are so many new benefits and opportunities that come with starting a new job that you aren’t able to experience by staying put. Working at a new company exposes you to new people, new environments, new ways of thought and new ways to conduct business.

It allows you to diversify your skillset, expand your network and grow as a person. While staying in your current role may feel like the safe move, it’s important to consider all the long-term benefits you’d be missing out on.

Captivate Talent is ready to help you take that leap and find you the perfect job. Reach out to us today at info@captivatetalent.com to be matched with your dedicated recruiter.

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