What Are Some Good Ways to Turn Down a Counteroffer? (VIDEO)

[svp]http://www.youtube.com/watch?v=U-1bXEhZ8kA[/svp]
In this video, I describe a scenario that someone faces where they need to turn down a counteroffer… And it is very painful.

counteroffer

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Someone wrote to me about how to best turn down a counteroffer and I am compelled to give you some texture to this so that you can understand the dilemma this person has.

The person is happy in their current job, but they were recruited by a foreign firm that offer them a salary double what they are currently earning.

Wow!

But we don’t know if this is a $40,000 a year person who has been offered $80,000, a $100,000 a year person who has been offered $200,000… We have no sense of the numbers.

They really like the job and found it very interesting, they love the money and gave notice. At this point, the persons manager does their version of, “But why? We love you! Don’t go! We need you! Don’t do anything yet. I’m going to talk to my boss.

His boss is the owner of the firm and comes back to the job hunter (as I am recording this, it is November) and says to the job hunter, “we are going to be able to pay you much more (but not as much money as the other offers for).”

In the position with the foreign firm, the person can work from home, and double the money.

It is an interesting choice for the person but after some weighing alternatives, he or she has decided to turn down the counteroffer. What are some good ways to do this?

I want to address one detail head on. If this is the owner of the firm, what is going to change between now in November and December other than the fact that the other offer has been turned down. That will allow them to increase it then and not today? <Sniff> <Sniff>

I smell something unpleasant here but let’s give him the benefit of the doubt.

You made a decision that you want to leave. Great. How do you turn down the counteroffer gracefully?

You sit down with your manager, you look them square in the ally and you say, “You know, I really spent a lot of time thinking about it and I decided that I am going to take the other offer and go.

Because you are responsive to the counteroffer, they may try to take another run at you to try to persuade you to stay.

Wait! Don’t do anything yet! I’m going to bring in the owner. He or she is going to make a different!

You know, create a big drama to try to stop you.

So if and when this trauma occurs with the president of the firm, all I want you to calmly say is, “Look, I’ve no complaints about this firm. You guys have been great to me but this is my time to go. And if I discover that I made a mistake,.I will have weighed the alternatives and I will learn something from it.

They may turn around and try to exert pressure on you. Thus I want to remind you that you need to speak with a very calm tone, sounding like you are reflecting. “This is been a hard decision to make and I hear you. Please respect my choice.

I’m giving 2 weeks notice. I’m sure you can find someone to do the job within 2 weeks. Just go out there and try; after all, there are people out there looking for work. I’m sure someone is qualified to do the job.

Just maintain your calm and, if for some reason, they get under your skin, PLEASE do not react. Do not be reactive and lashing out.

Try to maintain your cool and simply say, “Again, we are going around in a circle here. I have made up my mind. Please respect my choice.

Stand up. Shake their hands and leave.

 

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Do you really think employers are trying to help you?

You already know you can’t trust recruiters—they tell you as much as they think you need to know to take the job they after representing so they collect their payday.

The skills needed to find a job are different yet complement the skills needed to do a job.

Jeff Altman, The Big Game Hunter has been a career coach and recruiter for what seems like one hundred years.

JobSearchCoachingHQ.com changes that with great advice for job hunters—videos, my books and guides to job hunting, podcasts, articles, PLUS a community for you to ask questions of PLUS the ability to ask me questions where I function as your ally with no conflict of interest answering your questions.

Connect with me on LinkedIn

You can order a copy of “Diagnosing Your Job Search Problems” for Kindle for $.99 and receive free Kindle versions of “No BS Resume Advice” and “Interview Preparation.”

 

Should You Consider a Counteroffer? Following Advice from “The Godfather”

Pacino Godfather

 

On any given Friday afternoon, bosses around the world are going through mental calculations when they hear you say, “Can I see you for a minute.”

I remember hearing the question when Ford came to me at 2:30 that day (you never forget your first time). He was not a stellar performer and had disappeared for a 4 hour lunch only two days before without giving us the courtesy of a phone call. Thus, I was not surprised when he asked to speak with me. He was obviously looking for a job.

The question I was now faced with was how to respond to what was coming. Ford awkwardly explained his decision to leave and the opportunity he received from a new firm in a new field. He was taking a job outside of recruiting. I decided there was nothing to wish him good luck. How could I extend a counteroffer to someone who had decided to leave the work he was doing?

But you may be facing a different challenge as a job hunter. You may be joining a firm doing similar work to what you are currently doing but for different people. How do you respond? How do you respond?

For years, it has been agency gospel to reach into a desk drawer or email an article written by Paul Hawkinson called, “The Road to Ruin,” that discourages people from taking a counter offer.

The article points out

  • Any situation in which an employee is forced to get an outside offer before the present employer will suggest a raise, promotion or better working conditions, is suspect.
  • No matter what the company says when making its counteroffer, you’ll always be considered a fidelity risk. Having once demonstrated your lack of loyalty (for whatever reason), you’ll lose your status as a “team player” and your place in the inner circle.
  • Counteroffers are usually nothing more than stall devices to give your employer time to replace you.
  • Your reasons for wanting to leave still exist. Conditions are just made a bit more tolerable in the short term because of the raise, promotion or promises made to keep you.
  • Counteroffers are only made in response to a threat to quit. Will you have to solicit an offer and threaten to quit every time you deserve better working conditions?
  • Decent and well-managed companies don’t make counteroffers…EVER! Their policies are fair and equitable. They won’t be subjected to “counteroffer coercion” or what they perceive as blackmail.

Now some of the points may have some validity. Your loyalty may be suspect . . . for a while. But are they really a stall tactic to replace you? Unlikely. But the last bullet point is ridiculous . . . well-managed companies DO make counteroffers. But should you consider one?

 

Pacino It's BusinessAfter Don Vito Corleone (Marlon Brando) is shot in Little Italy, young Michael (Al Pacino) saved his father from being whacked at the hospital he was recuperating in, having his jaw broken in the process by a crooked police captain. At a meeting with the various capos of the Corleone family, Michael suggests that Sonny (James Caan) agree to a meeting with the thug who orchestrated the hit and that he would be willing to kill Sollozo and the police captain.

Sonny mocks him.

“Hey, whattaya gonna do, nice college boy, eh? Didn’t want to get mixed up in the family business, huh? Now you wanna gun down a police captain, why, because he slapped you in the face a little bit? Hah@ What do you think this is the Army where you shoot’em a mile away? You’ve gotta get up close like this and bada-bing! You blow their brains all over your nice Ivy League suit.”

Michael makes his persuasive argument that he can do it, concluding with a look of death and words said with steel.

It’s Not Personal, Sonny. It’s Strictly Business.

Making decisions for personal/emotional reasons, rather than from a place of calculating cost/ benefit is silly.

There are a lot of things we can put behind us if we are paid enough or if previous circumstances have changed.

After all, haven’t you argued with your wife, husband, partner, father, mother, son, daughter, friend or others and gotten over it?

Of course you have!

The questions you need to ask yourself are

Why Did I Look for a Job?

What is Going to Be Different?

Is That Enough?

Preparing Michael for what will be the inevitable attempt to kill him about Barzini, the head of another family, Don Vito has great advice couched in a sexist statement.

“It’s an old habit. I spent my whole life trying not to be careless—women and children can be careless, but not men.”

Applying this statement to a counteroffer, you need to go over the changes being proposed to you and whether they are enough.

Let’s say, they match the $10,000 raise. Is that enough? After all, if they had to hire a replacement for you, they might have to spend $20 – $75000 or more to replace you based upon your salary level (Obviously for executive positions, the numbers used would be higher). Why only settle for $10000.

Will you be doing the same job for the same manager who has gotten under your skin? What will be different between the two of you? Is that enough?

What about the work?

The department?

Advancement opportunities?

What about that co-worker who has been grabbing credit for your ideas?

What will change about your circumstances? Are these enough for you? Can you negotiate additional changes?

Kay Adams

Over time, Michael’s sociopathic nature emerges and the lies in the relationship with his wife Kay (Diane Keaton) become more profound. She realizes that she can’t lie to herself any more about who Michael really is and decides to leave him.

Your boss may not be a sociopath, your work may not be so terrible, but statistics say that you will leave within the next 24 months after deciding to stay.

Going into the discussion with open your eyes wide open is preferable to deluding yourself.

Whatever your decision, I hope it works out for you.

 

© The Big Game Hunter, Inc. Asheville, NC  2016

 

Do you think employers are trying to help you? You already know you can’t trust recruiters—they tell as they think you need to know to take the job they after representing so they collect their payday.

Jeff Altman, The Big Game Hunter has been a career coach and recruiter for what seems like one hundred years.

JobSearchCoachingHQ.com is there to change that with great advice for job hunters—videos, my books and guides to job hunting, podcasts, articles, PLUS a community for you to ask questions of PLUS the ability to ask me questions where I function as your ally with no conflict of interest answering your questions.

Connect with me on LinkedIn

Have a question you want me to answer? Contact me through PrestoExperts

 

 

The Return of Counteroffers

 

In this video, Jeff Altman, The Big Game Hunter encourages you to recognize the signals of a potential counteroffer so that you do not lose a key person you want to hire.

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Jeff Altman, The Big Game Hunter has been a coach and recruiter for what seems like one hundred years.

Follow him at The Big Game Hunter, Inc. on LinkedIn for more articles, videos and podcasts than what are offered here and jobs he is recruiting for.

Visit www.TheBigGameHunter.us. There’s a lot more advice there.

Email me if your firm is trying to hire someone.

Connect with me on LinkedIn

Pay what you want for my books about job search

Subscribe to TheBigGameHunterTV on YouTube for advice about job hunting and hiring. Like videos, share and comment.

Trying to hire someone? Email me at JeffAltman@TheBigGameHunter.us

Counteroffers. The Road to Ruin?

In this video, Jeff Altman, The Big Game Hunter encourages a cautious approach to counteroffers.

——————————————————————————————————-

Jeff Altman, The Big Game Hunter has been a recruiter for more than 40 years.

Follow him at The Big Game Hunter, Inc. on LinkedIn for more articles, videos and podcasts than what are offered here and jobs he is recruiting for.

Visit www.TheBigGameHunter.us. There’s a lot more advice there.

Email me if your firm is trying to hire someone.

Connect with me on LinkedIn

Pay what you want for my books about job search

Subscribe to TheBigGameHunterTV on YouTube for advice about job hunting and hiring. Like videos, share and comment.

Trying to hire someone? Email me at JeffAltman@TheBigGameHunter.us

Do you need more in-depth coaching? Join my Coaching program.

Want to ask me a question via email, chat or phone ? Reach me via PrestoExperts or Clarity.fm

 

When They’ve Accepted the Job and . .

 

Have you ever had a candidate except a job offer and then not returned your phone calls? Have you ever had a candidate except the job offer a little week later he has a ton of questions? In this video, Jeff Altman, The Big Game Hunter helps you cope with these potentially tragic situations.

Jeff Altman, The Big Game Hunter has been a successful recruiter for more than 40 years.

For more videos for third party recruiters, visit www.TheBigGameHunter.us and click the “American Headhunter” tab at the top of the page, We’ll be moving all of my content to the blog so check there, too

Listen to Job Search Radio, No B. S. Job Search Advice Radio and No B. S. Hiring Advice Radio in iTunes and other podcast directories and apps.

Schedule time with me to get advice about how to handle a candidate, closing a deal or something related to your work. http://bit.ly/RecruiterCoaching

 

Counteroffers. The Road to Ruin?

 

In this video, Jeff Altman, the big game hunter encourages a cautious approach to counteroffers.

————————————————————————————————————————————————————————————————————————-

Jeff Altman, The Big Game Hunter has been a coach and recruiter for what seems like one hundred years.

Follow him at The Big Game Hunter, Inc. on LinkedIn for more articles, videos and podcasts than what are offered here and jobs he is recruiting for.

Visit www.TheBigGameHunter.us. There’s a lot more advice there.

Connect with me on LinkedIn

Pay what you want for my books about job search

Subscribe to TheBigGameHunterTV on YouTube  for advice about job hunting and hiring. Like videos, share and comment.

Trying to hire someone? Email me at JeffAltman@TheBigGameHunter.us

Do you need more in-depth coaching? Join my Coaching program.

Want to ask me questions via phone, Skype or Facetime? Have your job search questions answered.

No B. S. Job Search Advice: What to Do if You Take a Counteroffer

Jeff Altman, The Big Game Hunter explains what you should do if you accept a counter offer.

 

Jeff Altman, The Big Game Hunter has been a recruiter for more than 40 years.

Follow him at The Big Game Hunter, Inc. on LinkedIn for more articles, videos and podcasts than what are offered here and jobs he is recruiting for.

Visit www.TheBigGameHunter.us. There’s a lot more advice there.

Email me if your firm is trying to hire someone.

Connect with me on LinkedIn

Pay what you want for my books about job search

Subscribe to TheBigGameHunterTV on YouTube for advice about job hunting and hiring. Like videos, share and comment.

Trying to hire someone? Email me at JeffAltman@TheBigGameHunter.us

Do you need more in-depth coaching? Join my Coaching program.

Want to ask me a question via email, chat or phone ? Reach me via PrestoExperts or Clarity.fm

 

Counteroffers: Should I Stay or Should I Go?

If “resignation” is the word that strikes fear into all employers, then “counteroffer” is the one that strikes fear into an employee’s heart. “What should I do? They’ve matched my offer?”

It’s Friday afternoon. You walk into your boss’ office and ask the question that has sent scared many a managers -“Do you have a minute,” you ask. At that moment, he or she knows you are resigning and if he/she wants you, they will have to fight to keep you.

“Why? We love you. Please stay! Don’t go! What do we have to do to keep you?”

Recently, two people who accepted an offer from a client of mine called me to tell me that they accepted a counteroffer to remain with their current firm.

One who had been with his current firm for twelve years seemed to make a decision that made sense; the other, however, had pleaded to get a full time job and leave independent consulting. His assignment was ending and he said he wanted the stability of a full time job. Earning $45 per hour without benefits, he accepted a small increase in his hourly rate, rather than a full time salary of $93000 plus bonus and great benefits from an employer that he kept begging me to get him to see for a job that he said he loved. Why? He told me, “They need me. (as though my client didn’t; as though the loss of revenue for his consulting firm and the difficulty they would have replacing him quickly at the client didn’t bother them a wee bit).”

Between the moment you quit and your departure date, your employer may try to persuade you to stay. Your mentor in the firm will call to talk with you. Your colleagues ask you to lunch and want to know why you’re going, where and for how much. Your boss’ boss asks to meet you. You are now the most important person at your company. You’re asked, “What will it take to keep you?” And this goes on for two weeks.

The pressure to accept a counteroffer can be enormous. The monetary offer can be tempting to stay. The promises to rectify everything that ticks you can be enormous. Yet, let’s look at what is going on from an employer’s perspective.

Your resignation is coming at an untimely moment; they are not prepared to replace you with someone who can step up and do your job. The cost of replacing you in dollars and effort (how many resumes will need to be read and people interviewed before they hire someone who they will need to train–AND, they may have to pay a higher salary than what you were earning plus a fee to the search firm for a person who doesn’t know what you know. Can you see it’s not about you, personally) is large.

At the time you decide to change jobs, write down the reasons why you want to leave-I’m bored. I want to make more money. My boss is a micro manager. I want to learn something new. I want to work closer to home-write down the reasons and put them in a place where you can find them at the time you give notice.

Then, before giving notice, find the list and review it. Do not be seduced by the emotional response you may receive. Remember, the money they offer may only be your next raise pushed up a few months. Listen carefully to the promises that are made and remember that nothing is being put into writing; it is just the desperate effort to keep someone who was taken for granted for so long who they are now forced to remember they have underpaid, treated poorly and need to accomplish their objectives.

Few counteroffers should be considered, let alone accepted. I fully expect to see the consultant’s resume online again in a few months because the core issues that caused him to look for a job were not resolved.

Oh! By the way, should you decide to stay, all those caring colleagues, managers and mentors will return to normal and stop caring and things will return to their previous inadequate status quo.

 

© The Big Game Hunter, Inc. Asheville, NC  2005, 2010

“I’m Taking Another Offer:” Avoiding That Message You Hate

Have you noticed more of your job offers being turned down? Have you noticed more people responding favorably to counteroffers and staying in their current jobs? Have you noticed that fewer people are out of work and, if they are out of work, they are out of work for far less time than a few years ago?

In 1972, I started working for an employment agency. It was my first job out of college and I was paid $125 per week to find programmers for the agency’s clients.

Salaries sound low by today’s standards—a programmer who had two years of experience with the hit technology of the time (COBOL in an OS environment) earned $12000; if he had a degree (in 1972, it was almost always a “he”), he earned $12500.

It sure seems like salaries have gone up since those days and, in some respects they have. Salaries are a lot higher than then. Yet, accounting for inflation and higher levels of skills required, salaries in most fields have declined. Even in actual dollars, salaries in most fields haven’t changed in almost 15 years. Companies that were paying $90000 in salary to fill a position in 1998 are paying the same salary today as then. Is it any wonder that job hunters are finding little difference in jobs and deciding to stay where they are?

Oh, you say that you offer a better career path than the current employer. Job hunters have heard enough stories about career paths winding up being non-existent to learn to disregard them. Even when they exist, the promise can end when the manager who made it decides to change jobs.

So, how do you attract and retain talent?

No matter how often people say they don’t change jobs for the money, most of them change jobs for the money. They hear a message in how they are perceived by the amount above their current salary they are offered.

Offering a person earning $78000 a $2000 raise or a $200000 person a $5000 raise normally will not secure the new employee . . . without a lot of talking to, promises and other phony baloney. Even if they do join, the new hire will be susceptible to the siren call of the next inMail, online ad they read or next call they receive from their old friend, the recruiter.

What can you do?

Improve salary scales across the board in your new budget. Without starting with your existing staff you are inviting them to be poached by others.

Some years ago, a large New York employer faced with losing large numbers of their staff in a hot technology, increased salaries by 40%, effectively pricing their people out of the job market. In ensuing years, the staff received very modest increases but couldn’t leave because they were priced out of the market.

Five years later, as the technology started to become less important and more commoditized, their salaries were now in line with the market and they could afford to lose people and did. With that first wage increase, they bought staff stability in a critical area at a critical juncture.

Isn’t that better than replacing 15 – 25% of your staff every year?

 

© The Big Game Hunter, Inc. Asheville, NC  2006, 2015

 

Jeff Altman, The Big Game Hunter has been a recruiter for more than 40 years.

Connect with me personally on LinkedIn. (I do not accept requests from 3rd party recruiters)

Follow The Big Game Hunter, Inc. on LinkedIn

Trying to hire someone? Email me at JeffAltman@TheBigGameHunter.us

There is a lot of free content available at my website that you can watch, listen to or read. to help you be more effective with your hiring process or to help with changing jobs. I hope you find some of it useful.

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