Securing a new role can be a bit of a rollercoaster -sometimes it’s a smooth ride, other times it’s a bit more of a challenge.
No two employers are the same, and it’s important to know what to expect as you approach the final stages of your job search.
If you’re excited about an offer and leaning towards accepting it, there are a few things to think about before you hand in your notice. With the job market strengthening and you being a sought-after candidate, your current employer may want to keep you around. It’s more common than ever for employers to make counteroffers, sometimes with financial incentives, when they hear you’re considering moving on.
Before you make your decision, it’s worth asking yourself: How would I respond if a counteroffer came my way? Here’s why it’s worth taking a moment to reflect:
Retention vs. Replacement: Accepting a counteroffer might seem like an easy fix for a company—recruiting and training a replacement can take time and money, after all. But if the only reason you’re staying is for a pay rise, it’s worth asking yourself whether that really aligns with your long-term career goals.
Trust Considerations: If you accept a counteroffer, it could impact how your employer sees you moving forward. They may question your loyalty, which could affect your future opportunities within the company. It’s always worth considering the bigger picture.
Remember Why You Started Looking: Think back to what made you start your job search in the first place. If there were issues with your current role—whether it was culture, career progression, or work-life balance—ask yourself whether they’re likely to resurface, even with a shiny new offer on the table.
Long-Term Impact: A counteroffer might give you an immediate financial boost, but it could affect future salary reviews or opportunities for promotion. Sometimes, taking the money in the short-term can mean missing out on long-term growth.
Ultimately, the decision should be about what’s best for you in the long run. Take your time, weigh your options, and consider what truly aligns with your personal and professional goals.
If you’re in the middle of a job search or weighing a counteroffer, don’t hesitate to reach out to us. We’re always here to help you navigate your next career step and ensure that you make a choice that fits with where you want to go.