Your company will most likely attempt to retain you with a counter-offer.

A counter-offer represents company’s monetary sense of what it’s going to take to retain you as an employee. It will be fashioned as an offer difficult to refuse, and include a substantial increase in your compensation along with whatever other perks are deemed necessary to win you back. What should you do?

The answer can be found in reason you went looking elsewhere in first place. If you accept counter-offer, you will make more money, but in every other respect, your situation will remain same. You need to ask yourself if added income and perks will let you overcome whatever it was that caused your lack of fulfillment. Temporarily, you may be satiated, but you will most likely reach a point where you eventually seek a new position.

While it may be difficult to turn down a counter-offer, it may be your best option. The sooner you find yourself in a more fulfilling position, more creative and happier you will be.

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What number would you associate with your worth? If you’re having difficulty coming up with a figure, just ask your spouse or best friend how much they think you are worth. You’ll probably get a surprisingly high yet fairly accurate number. Let’s assume you came up with one million dollars. I know, that doesn’t even come close. The point is, can you expect an employer to pay you this amount as your compensation?

For sure, salary negotiations based on your true worth or unique gifts take on a whole new dimension. No, you probably won’t be compensated one million dollars; however, with right blend of negotiating skills and patience, your efforts will be substantially rewarded!

I have seen up to forty thousand dollars added to starting compensation through diligent negotiations. It is common for signing bonuses, stipulations calling for substantial six-month performance-based increases, several weeks of additional vacation time, stock options, profit sharing, and more to be added as part of a negotiated package.

Negotiating is an opportunity to get what you truly want, and deserve. It is a way to significantly raise your standard of living and sense of self, simply by taking stock of what you have and then knowing how to use it for your advancement. Remember, what you receive now becomes your benchmark for future positions.

We all have choices. Some people would rather keep things way they are. That’s ok. However, you have worked very hard to come to this point, so why stop short of getting what you truly want, and deserve. Wouldn’t you rather be compensated more on basis of what you’re worth than on some arbitrary figure designed to keep status quo? Go for what you are worth – your life will never be same!

Copyright © 2005 TopDog Group All rights reserved.