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Counter Offers: Key Considerations For Supply Chain Professionals

Posted on July 2024

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โ€‹In an industry where competition for talent is strong , supply chain professionals can often be subject to a counter offer from their current employer when looking for a new role. There are three key factors that professionals should consider before accepting a counter offer:

1. Is it in your best interest?

As flattering as a counter offer is, itโ€™s important to remember why you decided to hand in your notice in the first place. Whatโ€™s more, itโ€™s worth questioning why it took your resignation for your employer to recognise your value and improve their offering. Itโ€™s important to put yourself in your employersโ€™ shoes to understand their motives; is it a defensive strategy to save them the money and stress of finding a replacement, or do they have your best interests at heart?

2. How much value are you missing out on?

As an employee, itโ€™s imperative to understand your worth within a company and whether this is being fairly recognised in your contract. Does the counter offer really add value to your CV, and does it position you in the right direction to assist your career growth? If your company is genuinely interested in your progression, you should know it in the first place, and certainly before you decide to resign.

3. Why were you thinking about a change?

Consider the reasons behind what compelled you to seek greener pastures. By accepting a counter offer, will your reasons for initially seeking a change repeat themselves further down the line? Factors such as burnout, lack of motivation, or poor management are often high on the agenda when looking for a new job. Will a pay increase make these issues go away? In most cases, it isnโ€™t enough.

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