It has become more and more common for workers to change jobs these days. The Bureau of Labor statistics said that, on average, young baby boomers have had about 11 jobs in their working careers. Millennials have been predicted to have 15-20 jobs in their working lives. An article on Forbes mentioned that 91 percent of millennials expect to stay in a job less than 3 years.
Although the culture is shifting to a more fluid career changing status, there are still quite a few factors to consider if you are leaving a job, especially for a new position. You want to be prepared rather than caught off-guard if your employer offers you a counteroffer.
Here are the five reasons accepting a counteroffer won’t end well
- A false sense of hope
Counteroffers can make you feel like your current employer really values you as an employee and you may begin to question their initial decision to leave. Well-managed companies rarely make counteroffers since they view their employment policies as fair and equitable.
- Delaying the inevitable
A counteroffer is often used as a stall tactic to buy your supervisor time until he’s better prepared to replace you, plus, high turnover could draw attention to a supervisor’s management skills so he’d rather you leave on his terms.
- Comfort is not a reason to stay at a job
It may be tempting to stay at your job because it is comfortable and you may have established friends and a “good” environment.
- More money, more problems
Accepting a counteroffer for financial reasons most likely won’t give you what you want in the long run. Where is the money for the increase or bonus coming from? Chances are when it’s time for increases in a few months, your company will be more reluctant to add an additional raise on top of a counteroffer.
- Your value supersedes a counteroffer
What kind of company do you work for if you have to threaten to resign before they pay you what you are worth? If you are a great employee, worthy of a counteroffer, chances are you will thrive in your new position when you move.
Recruiters report that more than 80 percent of those who accept counteroffers leave, begin looking for another job, or are let go within six to 12 months after announcing their intentions.