Fact: 70% of executives who accept a counteroffer are gone from that employer within 6 months.
Fact: 85% of executives who accept are gone within 18 months.
A counteroffer is an offer made by an employer in order to keep you on after you have given notice.
The most frequent counteroffers strategies include:
- a promise of a promotion and/or a raise (most frequent response)
- telling you are a traitor to the team or to your boss
- confiding to you that the company you are considering is not that well thought of (more…)
Selling Yourself to Management
As I said in my last post, as a recruiter, I am not actually seeing any evidence of a Recession outside of the financial industry. However, many of the strategies that protect you in a bad market also improve your status with in a good market.
- Network to keep your value, your brand, visible at all times with your present management and clients. Networking builds bridges to get things accomplished on an every day basis. You should be networking at 2 or 3 title levels above you as insurance if your boss leaves the company. Network with other departments. Network with people junior to you as they may have very different philosophies towards work. (more…)
Jobs to Target
As a recruiter, I am not actually seeing any evidence of a Recession although that may change. I am seeing a mixed market, but that has been true since 9/11/01. The most obvious exception is the Financial companies which have been disproportionately affected by the mortgage market defaults. Whether or not we evolve in to a Recession, many of the strategies that protect you in a bad market also will help you get ahead and be more promotable than your co-workers in any market.
These are the more secure roles and companies to target if possible:
- The companies and product groups which cannot afford NOT to innovate continuously or they risk falling behind their competitors. Examples are medical device companies in highly (more…)
