The Counter Offer: To take it or not to take it?
Most of us have been there at one point or another in our career, and if it hasn’t happened to you yet, it most likely will at some point. You come to the decision that you want to move on, and when you think you have settled on your decision, which may well have been a very difficult one, your current employer presents you with a tempting and sometimes highly compelling offer to stay.
According to Fortune, the global media organisation, approximately 50% of people who resign from their roles are made a counter of some sort. Incredibly, 57% of people who are made a counteroffer decide to accept it. And most significantly, 80% of people who accept a counteroffer have moved on from that company after six months. By the time a year is up that figure is up beyond 90%.
The message from this then is this. Consider the counter offer with care.
Here, Interfacio Consultant and Director of Business Development, Europe Isabelle Wear talks about her experience and view on this phenomenon which we are finding is becoming all the more common in today’s highly competitive talent market.
“From my experience, it doesn’