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

Search for jobs today

Got a vacancy?

What's happening in the market?

How do I prepare for my job interview?

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 Esha Nischol 12 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.
By Kristina Radin 08 May, 2024
Are you a skilled professional from the UK looking to explore new career horizons Down Under? The Innovation and Early Careers Skills Exchange Pilot (IECSEP) might just be the opportunity you've been waiting for! As part of the Australia-UK Free Trade Agreement, IECSEP opens doors for early-career enthusiasts and innovative minds to embark on temporary work experiences in Australia. With two distinct streams offering placements ranging from 12 months to 3 years, this initiative promises to be a game-changer in fostering bilateral professional exchanges.
By Anthony Ross 05 May, 2024
In today's fast-paced work environments, staying focused can feel like an uphill battle. With countless distractions vying for our attention, maintaining productivity has become a significant challenge for many professionals. However, fear not, as this blog aims to provide practical solutions to help you remain focused and achieve your goals at work.

Australia's 2024 Employment and Salary Trends Report

Salary trends, talent attraction, and retention strategies

Request your copy
Share by: