Just Say NO to a Counteroffer Finance Accounting

Just Say NO to a Counteroffer Finance AccountingJust Say NO to a Counteroffer Finance AccountingIts not a good idea to accept a counteroffer from your current employer when youve already accepted an offer with another employer. Thats not just true for finance and accounting professionals. Its universal.As tempting as it may be to jump at a salary increase and additional employee perks at a new firm, sticking with your current position when youve been given a counteroffer can lead to mora problems than if you were to get a new start. Despite your employers seemingly genuine attempt to keep you as a valuable member of the team, that worth could diminish quickly if you decide to stay on.Why? Counteroffers often result from employers suspicions that they may be losing an especially talented employee. Theres something that another company sees in you, so you are worth investing in a little more. However, this does not necessarily mean the luster will last, and rejecting a job offer from a new firm could be detrimental to your future opportunities.In a new Robert Half survey, 58 percent of senior managers across a variety of professional fields said they extended counteroffers to keep employees from leaving for another job.The downside of almost leavingAlthough your employer may seem happy to retain you as an employee, you could be seen as the one who almost got away. When a promotion opportunity arises, you may be one of the last people considered, because your employer wont be sure if and when youll be putting in your two weeks notice again.Your status as a potential deserter could also be a mitigating factor if the company needs to make layoffs. Unlike the seemingly loyal employees who appear to be team players, you were already dissatisfied, so you could be more vulnerable to a cutback.It may be only a matter of timeWhat may appear to be a sweet deal could actually be just a temporary solution on your employers end. Theres a chance the company is only offering you more favorable terms until it can find someone else who can take over your responsibilities. Once your employer locates a replacement to fill your role, you may be expendable.The survey also shows that employees who accept counteroffers typically stay only two more years at the company.Are you worried about being seen as a job-hopper? There are some benefits to making successive career moves.How much were you really worth??Considering the fact you had to accept another offer to get more favorable terms with your employer, your value may not have been truly recognized. If your employer noticed your talents as a necessary part of your accounting firms team, you would have been able to negotiate long ago for any additional perks.Make sure youre up to date on the salary ranges for your position and in your region. Rejecting a job offer could burn bridgesYou run the risk of severing ties with the other fir m by rejecting their job offer. If things still dont work out with your current employer after you accept the counteroffer, and youre looking to change jobs, the new company may not be inclined to give you another chance.A good amount of time went into interviewing and selecting you, and they would have to go through the process again if you turn down the offer.Putting your own needs firstWhen delivering a counteroffer, employers are more often concerned with fulfilling the companys own needs than they are improving your job satisfaction. To be fair, however, your company may have just been not paying attention and took it for granted that you were happy in your role. Still, you need to do whats necessary to get ahead in your career. Opt for the geschftliches miteinander that knows your worth.Is it really all about the money?Even if the salary increase was the main reason you were ready to leave, using a counteroffer as a means of upping your pay does not provide sufficient cause to stay. In most cases, there are other factors at play that made you feel like leaving, whether they included unresponsive management, unfavorable working conditions or burnout in your job.Not only does more money not change your situation - such as how much youre appreciated or your work-life balance - but money probably isnt the only reason you wanted to leave. Counteroffers can be flattering and even tempting, but the risks outweigh the rewards. Leave on good terms. You may be able to return later, if thats your best option.