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Should I consider the counteroffer?

By TennesseeTuxedo ·
Okay, tell me what y'all think. I've been with this company for 3 years running their IT department - decent place to work, good benefits, they've had some problems paying what we're worth and until this year hadn't given raises in about 4-5 years. There are some shady people in upper management but it's a pretty stable company. Anyway, I just resigned for two reasons, I work under the shadiest character in the company (the CFO - who is the boss of the CIO - my boss) and the CFO has made the lives of me, my boss and my team mates a living h*ll for the past two years; second, the career change is a slightly different direction with a nice pay increase.

Now I get a call from one of the executive officers of the company at HOME and he's asking me about reconsidering and says there's a meeting planned in the next few days with the CIO, president, VP of HR and the Executive VP to discuss me and the goal is to get me to not leave. I've already accepted the other job and would feel pretty lame about backing out after doing that. I guess I'm uncertain about which way to go....give me some thoughts!!!

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Stand by your words!

by areets In reply to Should I consider the cou ...

Words are your bond! A bit sloppy on behave of your present employer to have allowed the situation that brought your decision to leave. Let your new employer know of the latest events at the company you are leaving. Welcome the new company and exploit your experience!

TSP

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What will change?

by Oldefar In reply to Should I consider the cou ...

The first reason you give for resigning is "I work under the shadiest character in the company (the CFO - who is the boss of the CIO - my boss) and the CFO has made the lives of me, my boss and my team mates a living h*ll for the past two years" so the question becomes - how will this change with the counter offer? Will the shady individuals change their character? Will they all leave the company?

The next question is what motivates you. You don't seem to be only concerned with money. If money becomes the key issue, you just redefined yourself as. Unless you embrace this new definition, you will be unhappy in the future. As Popeye used to say "I yam what I yam and thats all that I yam."

My recommendation is that you go with your initial gut feel - time to move on. Retain your self image, your personal integrity, and see where the new career path leads.

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You're so right

by TennesseeTuxedo In reply to What will change?

You know, it's funny, I was on that path of thought, but just wasn't sure - it's always easier when I'm telling someone else, but now I'm the one on the seat. Thanks for your thoughts...I've made my decision. You're right, it's not the money (although it is a small factor - more of it won't make the total situation right). The career change already has the makings of much better days ahead.

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Path of least regrets

by TheChas In reply to Should I consider the cou ...

I accepted a counter-offer once, and am still not sure that that was the correct choice.

There were 2 main reasons that I accepted the counter-offer:

I had respect for my supervisor.

I was not sure that my reasons for leaving at that time were the right reasons.

A few months later, my supervisor was replaced, and the whole department went through 6 months of living **** with the new supervisor.

At the company I presently work for, I applied for and accepted a different position. It was one of the hardest career decisions I have ever made. I enjoyed what I was doing, and had great respect for my supervisors.
I finally decided that I would regret it more if I did not take the different position than if I stayed in the old position. 9 months later, I have no serious regrets.

It sounds like you have good reasons to leave your present job.

Ask yourself the following questions:

Where would I be happier?
Money is not everything.

Which firm and position more closely matches my goals and beliefs?

Which would I regret more:
Not taking the new opportunity?
Not staying with the firm I know?

How well do you really know the new company?

The above said, I would have strong reservations about staying with a firm that has poor upper management. The odds are that any change would be short term, and you could end up between a rock and a hard place.

Chas

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Read this article

by jmottl In reply to Should I consider the cou ...

TechRepublic did a great article about counter offer scenarios that could help -- Evaluate counteroffers carefully before you decide to stay or go

here's the link,
http://techrepublic.com.com/5100-6316-5035223.html

We would love to write about your experience (anonymity promised) so if you're into writing about it, or willing to be interviewed, please let me know by email judy.mottl@techrepublic.com

thanks,
Judy Mottl
Senior Editor, Careers

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NEVER EVER EVER

by Mike@MRI In reply to Should I consider the cou ...

It is my belief that you should NEVER accept a counter-offer from your organisation if it is purely financial. If they say, "OK you can have this new position..." then thats fine, but never accept a financial counteroffer. Simply because the next time your employer is going to have to reduce head-count they are going to remember you wanted to leave, and they are going to remember how much extra you are costing them, and your going to be out on your ear. The people who accept a counter-offer are normally got rid of within 6 months, and thats a fact.

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