I recently accepted a job offer with another company who were giving me a 40% salary increase. I then went to my present company to put in my two week notice and they proceeded to give me a counter offer that would match the other company. I have been with my present company for 2 years and my main reason for leaving was because I felt i wasn't being given the value that I'm worth based on the skillset and value I bring to the company. So with my present company realizing this, it would be in my best interest to stay since the issue has been resolved. I like the people where I am now and the type of work that I do. As far as the other company, the type of work would be the same as now, benefits are pretty much equal, and everything else stacks up. So what is the best way to tell the other company that i'm declining the offer I already accepted? Is this a typical thing that happens and are there any issues that I should be concerned with.
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show that some huge percent of people who accept counter offers from their current employer are NOT with them 6 months from that point.
After accepting counter offer, you are looked on as: 1) not having loyalty to that company 2) easy to get rid of as you were going to leave anyway (and what the previous posts said about things not having changed either situation or compensation wise)
change jobs, learn something new, in the end you'll be happier and learn more.
The next thing they will do is make everyone start to "document what you do in a day".
Then they can look to find YOUR replacement and not be rushed. The extra money now is worth it to them to keep the position filled until they are ready.
Take the new position and come in fresh as the "expert" who has ALWAYS been worth that much.
Think of the resentment your present co-workers will feel when they hear you are making almost double what they are? That or you have been underpaid all along.
Don't be afraid of the change. You are just gravitating towards the known and comfortable which is normal but not healthy.
Take that new job and things WILL only get better!
Stats consistently show that people who stay due to a counter-offer leave the company within 6 months.
So you had to quit so they would appreciate you and pay you what you feel you are worth. Might be nice to be at a place that didn't need such drastic action to address employee concerns.
I've passed through this one time and stay at the same company. This was possible because the company's culture allowed it. The reasons for looking outside were pretty much the same.
I've been there for more 3 years and then all things happened again. This time, as mentioned by someone on the response thread, "i put my mind outside the company". And it was good, reinforcing the feel of changing things (and getting better).
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Saying NO after saying YES