Receiving a counteroffer from your current employer can be a difficult situation to navigate. On the one hand, you’re flattered that they want to keep you, and on the other hand, you’re still interested in the new job you’ve accepted. Here are some tips on how to handle counteroffers:
1. Be transparent with your current employer.
Let them know that the only reason you’re considering another opportunity is to increase your salary or advance your career. This will help them understand your motivations and make it more likely that they’ll be willing to negotiate.
2. Don’t drop a bombshell.
Don’t tell your current employer that you’re leaving until you’ve already accepted another job and have a start date in writing. This will give you more leverage in negotiations and will also make it less likely that you’ll burn bridges with your current employer.
3. Consider why you want to leave.
Before you accept a new offer or angle for a counteroffer, Daniel recommends reflecting on why you’re motivated to find a new job. Are you unhappy with your current salary? Do you feel like you’re not being challenged? Are you looking for a new opportunity for growth? Once you understand your motivations, you can start to evaluate whether your current employer can offer you what you’re looking for.
4. Be aware of the risks.
Keep in mind that while a counteroffer might result in an immediate salary increase, it also announces your intention to quit. This could damage your relationship with your current employer, and it could also make it difficult for you to get a good reference in the future.
5. Take your time to make a decision.
Don’t feel pressured to make a decision right away. Take some time to consider your options and weigh the pros and cons of each offer.
6. Consider the overall package.
Salary is not the only thing to consider when evaluating a job offer. Make sure to also consider the benefits, work-life balance, opportunities for advancement, and company culture.
7. Don’t be afraid to negotiate.
If you’re not happy with the counteroffer, don’t be afraid to negotiate. Ask for more money, more vacation days, or a flexible work schedule. The worst that can happen is that they say no.
8. Be prepared to walk away.
If you’re not able to reach an agreement with your current employer, be prepared to walk away. There are plenty of other fish in the sea.
Here are some additional tips for handling counteroffers:
- Be professional and courteous.
- Express your gratitude to your current employer for their offer.
- Be clear about your reasons for leaving.
- Don’t lie about your reasons for leaving.
- Don’t make threats.
- Don’t burn bridges.
Ultimately, the decision of whether or not to accept a counteroffer is a personal one. There is no right or wrong answer. The best decision for you will depend on your individual circumstances and priorities.
