Aug 11, 2009

Why Money isn’t Everything

Posted by Wendy Weber

As the economy rebounds, job seekers are beginning to put a toe in the water again and explore their career options.  Many were reluctant to make a move over the past year or so, concerned about jumping from the frying pan into the fire.

As their employers  cut back on staff and even compensation, many talented professionals found that they were no longer enjoying their jobs as much as they used to.  But many chose to remain in their comfort zone.

Now that the job market is opening up again, top performers have new options.  Many are being approached by companies for positions of growth, career enhancement, and salary advancement.  They interview, weigh the pros and cons of the new opportunity, agonize over the decision to leave their current position, and decide to accept the new employer’s offer.

When they approach their current boss to resign, they are asked to stay.   Enticements can include a pay increase, a promotion and/or promises of future consideration.  This is what’s known as a counteroffer.  Counteroffers are generally made with some form of flattery or guilt attached.  It sounds tempting…

                                                               …. to be continued tomorrow

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