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If you're not counter-offered, can you conclude that you're rubbish?

If you try and leave your job, you have a three in four chance of being offered an exciting inducement not to, according to recruitment firm Astbury Marsden.

If you try and leave your job and you don't get any inducements to stay, does this, therefore, mean that you're not worth holding onto and that any prospective employers should think twice about hiring you?

Maybe.

"Most banks will try and retain anyone who's halfway decent," says one senior equity headhunter. "We always tell people to assume they're going to get counter-offered."

"There has been a significant increase in the number of counter-offers this year," says Andrew Hanson, head of financial services recruitment at Robert Walters. "Firms are aggressively seeking to keep good staff within the business."

Even useless people get counter-offers

The reality, however, appears to be that even rubbish people get counter-offers, meaning that they probably bear no relation to performance whatsoever.

"Most line managers will make a counter-offer, even to someone they don't value very much," says Peter Harwood, a partner at Principal Search. "This is because it's considered a failing for them if they lose a member of staff.

"However, having persuaded someone to stay, a line manager will typically start looking for a replacement for that person anyway," he adds.

The very, very best will deter counter-offers

Most headhunters hate counter-offers (they deprive them of fees), and will counsel heavily against accepting them.

From their perspective, therefore, the very best candidates are those who know exactly what they want to do and deter counter-offers from the start.

"It's possible to resign in such a way that won't get one," says the equities headhunter. "You need to go into a resignation meeting very aggressively and say you've made up your mind, you're going and there's absolutely nothing they can do to make you stay."

He also says third tier firms will often be too intimidated to make counteroffers if someone tries to leave for a more prestigious rival.

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AUTHORSarah Butcher Global Editor
  • Xa
    Xanthus
    20 June 2010

    old head

    Counter-offers happen in TV shows like 'Bewitched', but that's from the 1950's/60's

    Half the graduate recruitment programmes out there only have a 50% retention rate after 2 yrs, and less than 10% of new grad hires stay longer than 5 yrs. Yet there is a thriving industry (and HR double speak) within firms on graduate recruitment - for what? To get a few extra months work out of them?

    You probably work in sales or client management, and when you went to resign, your boss probably had a 'panic attack' because he thought your clients would go with you - it's more a reflection on the person making the counter-offer, than the person receiving it.

  • Ad
    Ada
    17 June 2010

    I am actively looking for a job and have gone to advanced stages of a recruitment process with one of the big fours. If I am offered a position, I will accept it and not consider a counter offer from my current employer. I will even accept a pay cut if neccessary. I used to think money was everything until my personal life, mental and physical health were almost destroyed. No amount of money or 'counter offer' will make me stay with my current employer.

  • Ve
    Veritas
    16 June 2010

    If you're counter-offered doesn't it mean your employer was under valuing you before? The counter offer scenario actually says more about employers than their staff!

  • ca
    carlojan
    16 June 2010

    I agree with most of the comments, only few receive counter offers, mainly for 2 reasons
    1- Sometime your boss is a bad manager/loser (don't understand that losing a person it's a fail for him, consider the resignation an affront or he is unhappy with the job as well and he's "intimidated" to make counteroffers)
    2- If a person is really unhappy it will be difficult to retain him or it will be only temporary.
    If you accept a counteroffer in my opinion, in most of the cases, your were "cheating", looking only for a salary increase. But be aware that if you are not properly rewarded there is a problem with your boss (or company), maybe see point 1...

  • ol
    old head
    15 June 2010

    In nearly all cases you will be counter offered if you were good at your job.

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