How to manage counteroffers

In the world of job hunting, the excitement of receiving an offer from a prospective employer can quickly turn into a dilemma when a counter offer is presented. The allure of better compensation, improved benefits, or an enticing work environment can make it challenging to decide between sticking with the original offer or exploring the possibilities that a counter offer presents.

In our recent 2023 Employment and Salary Trends Report, we revealed that 79% of hiring managers experienced more counter offers in 2022 than ever before.

When considering resignation and the potential for counter offers, it's important to approach the situation with careful consideration. Here are three tips to help you navigate this delicate scenario:

Reflect on your reasons for leaving
Before resigning, assess your motivations for seeking a new opportunity. Determine if the counter offer addresses the underlying issues that prompted your decision – remember money isn’t everything.

Evaluate the counteroffer objectively
Don’t just ignore the counteroffer. Consider whether the counteroffer aligns with your long-term career goals, taking into account compensation, benefits, and other relevant factors.

Communicate professionally
Maintain open and honest communication with both your current employer and the potential new employer. Express gratitude for the counter offer while respectfully explaining your decision to move forward with your original plans.

Share this article

Useful links

Get in touch

Find out more by contacting one of our specialisat recruitment consultants across Australia, New Zealand, and the United Kingdom.

Contact us
Chitra Gulati • Jun 25, 2023

Recent insights

By Rachel Adams 19 May, 2024
In today's dynamic work environment, flexibility is paramount. As the needs and expectations of the modern workforce continue to evolve, employers are increasingly adopting adaptable work arrangements to meet diverse needs and enhance productivity. In this blog post, we'll explore the significance of adaptable work arrangements and how they address the evolving demands of today's workforce while optimizing for search engine visibility.
By Hamish Lamberton 12 May, 2024
In recent years, the rise of remote work has revolutionized the way companies approach recruitment. With advancements in technology and a growing acceptance of virtual communication tools, many organizations are now embracing remote recruitment strategies to attract and hire top talent. In this blog post, we'll explore how companies are adapting to virtual hiring processes and the strategies they're employing to succeed in this new era of recruitment.
By Esha Nischol 08 May, 2024
In today's rapidly evolving landscape, automation is reshaping industries and transforming the way we work. While automation offers numerous benefits, including increased efficiency and productivity, it also presents challenges and uncertainties for the workforce. Understanding the opportunities and challenges of automation on employment is crucial for individuals and organizations alike as we navigate the future of work.

UK's 2024 Employment and Salary Trends Report

Salary trends, talent attraction and retention strategies

Have your say in the future of work
Share by: