The Counter Offer issue with employment – What to do?

Written By Liz
 

BOTH the Company AND the Employee need to think carefully?

The structure around Counter Offers is vital, from the view of both the side of the Employer and the Candidate.

When you are offering a Counter Offer

If you are in the position of offering a Counter Offer you must acknowledge that you really value the candidate.

Be 100% sure about this before you give a counter offer letter, if it is accepted and you employ that person, you cannot just back out of it when things don’t pan out.

Consider the following:

  • What value does the candidate add to the company as a whole?

  • Can you see yourself working with them for a long period of time?

  • Have you considered structuring the offer into salary (cash) and other benefits (such as medical, bonuses, leave, etc.)?

When you receive a Counter Offer

If you receive a Counter Offer letter, you can pat yourself on your back.  It is a great achievement and speaks volumes about your VALUE.  However, be careful, the excitement of receiving a letter like this can make one a little giddy and you might accept this with without considering the BIGGER PICTURE.  It is important to ask yourself:

  • Will staying for extra money sustain you so that you are happy in your day to day present job?

Or

  • Are you after 6 months going to feel the same way as you did when you first went looking for a new opportunity?

A few tips before accepting the offer:

  • Be realistic, don’t go back with a counter argument that might just shoot you in the foot, remember you’re good but are you that good?

  • Think beyond the money, what other perks and benefits are they offering that has far greater value than the money?

  • Don’t give ultimatums, you may have some power here but being too arrogant can be to your detriment, it is important to be polite and ask how long you have to decide and if you need longer, ask nicely

If you need some assistance in this regard, speak to TIME PERSONNEL, your experts in recruitment!

 
Liz

BALLERINA on POINTE to BUSINESS OWNER

With her background as a professional ballerina, Liz grew to understand the discipline, poise, passion, commitment, excellence and the over-arching drive to succeed. These are the very qualities she has injected into Time Personnel, and critically these are the traits that Time Personnel look for in the candidates that are sourced for their clients.

After a career as a ballerina, Liz started as a secretary, moved into sales and then took the plunge to open her own recruitment company. She realised very quickly, all through her various roles, that the one way to achieve success was to treat people with respect and warmth. Liz has applied and instilled this in her business and her staff at Time Personnel.

What makes Time Personnel stand out is the Personality Differentiator. Liz firmly believes in hanging on to the “people contact aspect”, not just relying on the email communication options of today.

Liz’s favourite quote:
“The price of excellence is discipline. The cost of mediocrity is disappointment.” – William Arthur Ward

+27 (0)21 447 0860 / liz@timepersonnel.co.za

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