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This is our MM JOB TRENDS SECTION. Check back soon for more Career Improvement Tips!

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MM's Monthly Job Treds column is sponsored by - York Employment Staffing in Lisle, Illinois. Please direct questions to Julie Yeary-Mehalic, C.P.C. Click on Julie's picture (above) to go to her web site.

Phone (630) 571-3003

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Counteroffer Consulting

 

You have studied the past three months worth of columns and reached your goal – an offer! Congratulations to you on your new career. But for those of you who now need to give their resignation, BEWARE.

The first step in accepting your new position is to give your notice immediately. It is unfair to both the new and old employer to prolong this process. A typed letter expressing your appreciation but desire to move on will suffice.

In this current job market, counteroffers are more and more familiar. Employers suddenly understand your value, analyze the current market and wonder how they will replace you, or simply dread the idea of training someone new. During this thought process is most often when a counteroffer is made. In fact, it is common for employers to wait until the last moment to extend this offer of more money, career growth or a title.

Before you accept any new position, you need to know whether or not you will even entertain the thought of a counteroffer. You need to understand the reasons why you are leaving and ask yourself if they can be changed before you begin your new job search.

If your employer offers you more money, then you need to question why the salary wasn’t there in the first place. Why are you suddenly worth more money now? This goes for promotions and job titles as well. A counteroffer isn’t for work you have done in the past, it is a Band-Aid for the future.

Besides the emotional and financial guilt you may feel, there are other reasons to never accept a counteroffer. Your future loyalty will always be questioned, as will your intentions. The employer may extend the counteroffer in order to buy some time in replacing you. They may consider the money they extend to you during this counteroffer as a future raise, thus lowering your income potential at next review. No matter how you feel, know that your employer will never forget the position you put him in. Even if you didn’t ask for a counteroffer, your resignation may make an employer feel like he has his back up against a wall and no options. No one likes that feeling.

Always remember why you began looking for a new job in the first place and hold onto the sense of opportunity you felt when you accepted the new job.

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Edward Buy,

Editor & CEO