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Ask The Employment Experts - Counter Offer

Steve Hines Dear Steve and Jon,

I have just accepted a job offer that reduces my long commute in half but my present employer has counter-offered with a 20% pay increase and promised an early promotion? How do I tell the new company I am not going to show up?

Signed: Conflicted
Jon Harvill
Steve Hines, consultant, career coach and author of Atlanta Jobs

Dear Conflicted,

Don’t do it! Staying with your current employer could be the worst mistake in your career. From their viewpoint, you have broken their trust and you will never be seen as a long-term employee. You had reasons to look for other employment, and those reasons have not changed. Evidently, your talents are valued, so do a good job with your new employer and you will make up the salary difference quickly. Plus, have you checked the price of gas lately?
Jon Harvill CPC, consultant and recruiter with Professional Search of Atlanta

Dear Conflicted,

Keep your word and take the new job. Your old employer can double your salary, but as long as they only keep you until they find your replacement, it will not cost them very much. Surveys indicate that 85% of he people who initially have stayed because of buy-back counter offers, have left within 6 months, by either their own initiative or that of their old employer.
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