The existence of humanity:
As humans, we can commit certain things to others and it proves our loyalty and honesty but nowadays the cases of counter offers or third offers are drastically increasing. We get some data and insights from the renown recruitment firm TIGI HR.
Some of the key questions :
Almost 63% of people are running after an offer letter from one company and joining some other place, is it right or wrong ? Is it all about money games only ?
- There is no value of satisfaction ?
- There is no value of loyalty & ethics ?
- There is no value of commitment ?
- There is nothing like company culture are you looking for ?
If someone can offer you a counter offer, wouldn’t they be able to offer the same to another person too ? Obviously yes, if someday they will find someone better than you so they will replace you in terms of money.
Value of commitments:
So while finding a new job be the men/women of your own words. If you do not have any value of your commitment do not expect others to fulfill their commitments.
Stop selling yourself, start creating value for yourself. In order to create value you need to be accountable towards your own commitments. Alright, these all are thoughts based reality. Let’s look into some statistics and case studies.
Retention after counter offer :
However, 80% of employees that accept a counteroffer leave within six months and 90% within a year. Proving that money isn’t always enough to overcome the problems that made you want to look for a new job in the first place.
Our case studies show that after accepting a counteroffer, your job security drastically decreases. If your company needs to downsize, you’ll probably be at the top of the list. After all, you already expressed a desire to leave and aren’t as loyal or committed to the company as other employees. Even worse, your current employer may have only given you a counteroffer to buy them time to find a new employee to replace you. Many times it happens.
Expert advice :
A TIGI HR recruitment company’s key person said : Drastic change is happening in the market where things/people get outdated extremely fast. A plant also has to strengthen its roots to become a tree, similarly if human beings want to grow in the corporate field they need to value their commitments and they need to be stable about their employment pattern. So if employees and employers will just focus on the money game beyond trust then they might have to face big troubles in the upcoming future because as the first line said market and situations are changing extremely fast, if you do not have trust inside company culture then it won’t be able to sustain so far.
In addition, he said if you observe a senior most person you know, you will find long term career stability and accountability towards their employer. It clearly indicates that being loyal and committed in the corporate field makes sense for long term career growth. Don’t you think they were getting counter or third party offers every now and then still they are not diverting their focus from the current commitments and responsibilities.
As we are living in the competitive era, there are lot’s of hard working and smart working people out there who are getting new offers almost every week, every month and every year. But still the loyalty and dedication of these people help them to elevate their career in future. Sometimes ask yourself why anyone is ready to pay you more than you deserve as per the market rates, is it their compulsion, temporary urgency or it is your talent that attracts them to offer beyond limitations.
Be mindful during the final decision :
Here we are not indicating that do not keep options while changing the job, it’s completely your choice you can keep options or not, but do not consider any options just because of a money game. It might hurt you in the future.
Deciding whether or not to accept a counteroffer can be challenging. Before taking the decision to relax your body and mind, It’s important to think about each of the previously discussed points and make a list of pros and cons. We would like to request you to read it again with more attention. You may find that you need more information about your potential new employer. In this case, it’s often best to speak to your recruiter, so you have all the facts you need to make the best choice for your personal and professional growth. Always be mindful of the background effect of your decision toward your mental health, most of the time people are not thinking about it and that’s the reason stress and anxiety level are increasing day by day. So while taking crucial decisions, being mindful about mental health is a smart choice.
We need to look at the different sides of the coin/situation to get a proper idea about it. We hope the above content may help you to make wise decisions for your long term career growth.
