Saturday, May 9, 2020

The Job Counter Offer Should I Stay or Should I Go - CareerAlley

The Job Counter Offer â€" “Should I Stay or Should I Go” - CareerAlley We may receive compensation when you click on links to products from our partners. By Logan Knight, Executive Recruiter, IT Division The job market in technology is hot! Engineering, development, product management, sales and business development, these are hot roles in the tech sector and theres a lot of competition by companies to attract and retain top talent these days. Even if you arent looking for another job, you may be approached with another opportunity. Lets say you really werent looking to make a move but you were polite on the phone, and next thing you know youre curious about what you are hearing. An initial phone interview led quickly to a face to face, and now you have an offer. It is an exciting opportunity with bleeding edge technology. You are motivated because of the new companys work environment, culture, benefits, salary, location, perks, and such so before you know it youve accept the offer. Shortly after you give notice, your manager makes a pitch for you to stay on and he makes you a sweeter offer than the new company. Oh geez, you are asking yourself Should I stay or should I go? The Clash had it right, (paraphrasing) if you go there may be trouble, but if you stay it will be double. While it is flattering to be wanted, and it is validating to get competing and improving offers, what happens once the dust settles? Most of the time, the work environment is going to suffer; the trust factor cannot be recovered. Your employer is now wary of your motives and your loyalty. When it comes time to build a new team for a mission critical product launch, will you be trusted to see it through? What happens if there is a change in fortunes at the company and a belt needs to be tightened, who do you think will be among the first laid off? Perhaps your work was critical at the time of your offer and the upper management felt you had to be kept to see it through. What then when the project is done, might the companys loyalty wane like yours did? When it comes down to it, you kissed another girl and Susie is not going to forget it! Another by-product of this bidding war occurs with your colleagues. Co-workers may know or suspect that you got some sweet deal to stay and they will probably resent you for it. Will your colleagues be supportive and collaborative if they question whether you are one of them? Might some employees try a similar move hoping to leverage an outside offer into better pay where they are, and whether successful or not the human dynamic is certainly going to be affected, and not likely in a positive way. And guess what will happen if you stay after accepting the outside offer. You got it, that employer is going to blacklist you. The recruiter you worked with will never represent you again. And word will generally get around creating a negative perception. But remember, even if you werent initially looking for another opportunity, you did get excited enough to go through a hiring process and accept an offer for good reasons. Perhaps you werent feeling appreciated, or you felt you deserved better pay. Maybe you needed a new challenge or work environment. Whatever the case may be, you cant go back. The great majority of professionals who accept a counteroffer to stay are gone within a year, whether of their own volition or being asked to leave. So dont pick up that phone or be ready to honor your word. The answer is dont take the counteroffer, no matter how sweet. This is a Guest post. If you would like to submit a guest post to CareerAlley, please follow these guest post guidelines. Good luck in your search. Visit me on Facebook

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