Dealing with a counteroffer can be one of the most challenging parts of the recruiting process for a job seeker, which is something of a paradox. You’ve been looking for a job, and now more than one company wants to work with you. It should be cause for celebration, but often it just produces stress and anxiety. After all, you want to make sure you pick the right company, but it’s not always easy to choose. If you find yourself in this situation, use these strategies.
Determine What You Really Want
Ultimately, your objective is to find the right position for your long-term personal and professional goals. So what features would help you get to where you want to be in your career? Are you looking for more money, more advancement potential, more interesting work, or more flexible scheduling options? It’s unlikely that any one job can offer you all of these, so pick your priorities and examine each offer in those terms.
Don’t Start a Bidding War
It can be tempting to try and play both sides against each other to get more money, better benefits, or a more esteemed job title. In practice, however, this is always a bad idea. It takes a fair amount of cunning and strategizing, and if you overplay your hand, you might end up losing both offers. That being said, if you have multiple offers on the table, you should make that known to each of the hiring managers you’re working with.
Understand the Consequences
If you already have a job and another company is trying to lure you away with a counteroffer, there can be serious consequences if you accept a promotion or raise and agree to stay where you are. You may have gotten more, but now your employer will always question your loyalty and may begin to push you to the margins of the company, whether consciously or unconsciously. A seemingly rosy situation can quickly turn into a workplace nightmare.
Remain Professional and Gracious
Any time a counteroffer gets thrown out, there will end up being a winner and a loser in the end. Make sure you don’t gloat or disrespect the company you end up turning down. That kind of behavior is petty and unprofessional, and there is no reason for you to burn bridges. If they were eager to recruit you now they may be eager to recruit you in the future.
If your goal is to make the smartest possible choices for your career, rely on the recruiting experts at The Concorde Group.