The Top 5 Reasons Not To Accept a Counter Offer
By Mike Curry, Executive Recruiter, IT Division
So you find yourself with an offer from a new company, and whether you actively solicit a counter or you simply allow one to come, you are playing with fire. It is a highly risky move to accept a counter offer. These are the main reasons not to accept a counter offer.
1. Your Manager is Going to Hate You.
Okay, hate may be strong but s/he is not going to be happy with you. Once the relief that you are staying and that the projects underway haven’t been sabotaged by a sudden departure, negative feelings are going to seep in. The manager will likely harbor feelings of doubt about whether you solicited an offer just for leverage. S/he may worry that this incident will let loose a chain reaction, with others taking a stab at it. There’s going to be second guessing about whether you may try this again. Such a move will definitely be perceived as a breach of trust. (more…)
Why Employers Should Include a 48-Hour Expiration Date in an Offer Letter
By Meredith Dean, Executive Recruiter, IT Division
The whole point of any hiring process is to fill a current hiring need. The hiring process isn’t done until it’s done. That means getting the offer letter signed and assuring that the candidate arrives at the new employer on the appointed day.
So as soon as the ideal candidate is identified: make the offer, manage the variables, and minimize the risks to successfully hiring him/her. (more…)
By Leah O’Flynn – Irish Lass and Tech Recruiter Extraordinaire
Did you know that you need to be very careful when negotiating with a leprechaun? Once you catch him or her, make sure your three wishes are reasonable and count your blessings. Don’t get ahead of yourself because you are “lucky”. (more…)
To Counter Offer or Not to Counter Offer? Part 2
In part one of this article, we considered the costs of recruiting, hiring, and training as well costs of a bad hire and the opportunity costs involved when a valued executive’s departure leaves the company in the lurch. Can you avoid this hassle and extra cost? Should you making him a counter offer and keeping the team intact, the projects on time, the sales meeting on track, the product launch as planned?