BETTER THE DEVIL YOU KNOW ?
Robert Kenward , founder of EventHub . Jobs , warns against counteroffers , saying employers need to be more proactive in showing their appreciation to critical staff members
ecruitment is a very interesting world to inhabit at the moment . In my 20-plus year event and recruitment career , I ’ ve pretty much seen and heard everything , but nothing has prepared me for the ridiculously over-the-top counteroffers I ’ ve seen over the past six months .
A counteroffer is when an employee hands in their notice and their employer gives then a counteroffer to try to persuade them to stay .
Let me just make myself clear : if you receive a counteroffer , think long and hard before accepting .
Now , more than ever , employers are really scared of losing talent and are now offering resigning employing everything ( and more ) to make them stay . Lavish promises are being made ; I ’ ve heard “ we ’ ll build the company around your needs ” and “ you ’ ll get a 50 % pay increase ” and even “ we ’ ll give you shares in the business ”. All of these counteroffers translate to “ we are now really sorry we treated you so poorly and we don ’ t want the drama that goes with replacing
“ Let me just make myself clear : if you receive a counteroffer , think long and hard before accepting .”
Robert Kenward you .” But if this happens to you – just ask yourself “ why didn ’ t my employer show me this love , money and respect before ?”
Pretty much every counteroffer I have seen is a huge knee jerk reaction and usually not worth the paper it ’ s never written on and they will not keep an employee from moving on shortly . Trust me , I ’ ve been here before many times . There are even stats to back me up : any survey ever compiled quotes between 70-90 % of employees who accept a counteroffer have left their positions within 12 months .
So , why won ’ t the amazing counteroffers come true ? Mainly because the employee never gets anything in writing and the employers conveniently forget or delay actioning everything because , deep down , they didn ’ t think things through properly .
The thick of it It ’ s not all about the money , though ; employees choose to leave because they don ’ t feel appreciated , or because they feel that they aren ’ t doing the work they really want to do . In cases like these , if an employer love bombs them following a resignation , it is human nature to feel all warm and fuzzy and appreciated . At this point your mates ( and that little voice at the back of your mind ) are all saying , “ well , why on earth haven ’ t they given you all this love before ?”
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