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Tuesday, December 22, 2009

The Counter Offer..... A Boon or a Curse......

Counter Offer is a tricky position to be in .......This is the offer which just looks sweet when it is made. This offer is usually made by the current employer to the candidate who is planning to leave an organisation. The employer normally makes this offer because the employer is suddenly caught on the wrong foot and it does not want to face a SHORT TERM term people problem.

A counter offer can be a very sensitive situation to be in. This situation requires careful consideration. To start with we need to make a reality check by noting specifics OF WHY DO YOU WANT TO LEAVE YOUR CURRENT ORGANISATION. You can make a SWOT analysis of your situation clearly making transparent notes and understanding on how strong a ground you are on?.

You should also Examine your reasons for wanting to change employment; often the reasons due to which people make job changes are for issues other than money. If this is the case, then it is likely you will return to those same issues if you accept a counter offer, after the initial glow of more money and feeling appreciated by your current company wears off.

It is a good idea to list the pros and cons for each opportunity and discuss these with someone whose opinion you value. RightMatch can forward assistance in this regard by sharing its experiences in this regard.

There are always some risks in going into a new position with a new organisation, however, there are also risks in accepting a counter offer.

Depending upon the relationship you have with your manager and/or management team, and the corporate culture (values, attitudes, etc.) at your present company, accepting a counter offer could change how you are viewed.

There is the possibility of being seen as disloyal, and if the outside offer came at a very crucial time -- say, when losing you would have been disastrous to a vital project or the bottom line -- you may cause some animosity if the employer feels there is no choice but to counter offer to keep you on board.

These feelings could pass in time, but it is also possible for you to be targeted for replacement (or passed over for promotion, important projects, etc.) at a time when it is more convenient for your current employer.

Remember, accepting a counter offer assumes you have not yet accepted the offer from the new employer, and your current employer, learning of your consideration of the offer, makes you a counter offer. If you have already accepted an offer from the new employer, it is often considered somewhat unethical to withdraw your acceptance based upon a counter offer from your current employer.

In the end, after weighing all the factors and perhaps discussing them with family members, close friends or a mentor, you will need to make a decision.

Always note that its is advisable to search your cheese because if your cheese is moved only then success will follow.

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