Stay or Go: Accepting a Counteroffer After You have Submitted Your Resignation Letter

Once you’ve announced your intentions to leave your present employer, its of no doubt that your loyalty will always be in question regardless of long and much value you have put in at your present organization. As tough as it can be, you should be prepared to accept the reality. This article, co-authored by Hansel explains how.

For starters, you might think about what a ‘counteroffer’ is or entails? A counter-offer is an offer from your current employer to rival the one you have received from your future employer, to convince you to stay.

Counter-offers can take many forms: a straight increase in salary, additional company benefits, a sought-after promotion or new job title, additional responsibility, a change in role, more involvement in projects that interest you — or any combination of these.

The Need for A Counteroffer

From looking for a new challenge to career advancement, a desire to work with newer technology or within an organisation where they can contribute and feel valued, people are prone to change jobs for a different range of reasons.

Why then would a pay rise, new job title or additional benefits be anything other than a superficial tactic to convince you to stay? If…