Comments on: Retention Strategy – Counter Offer – A Trap ? http://www.mbanaukri.com/careers/salary/retention-strategy-counter-offer-a-trap/ MbaNaukri.com - Connecting Management Talent Mon, 10 May 2010 13:39:48 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Raj http://www.mbanaukri.com/careers/salary/retention-strategy-counter-offer-a-trap/comment-page-1/#comment-87 Raj Mon, 10 May 2010 13:39:48 +0000 http://www.mbanaukri.com/careers/?p=351#comment-87 A Project Manager of mine in Tata IT company handed me his resignation after the projet got over. He was a silent and efficient performer. When asked the reason for that he had two main concerns - No Overseas Opportunity - No promotion for a long time I knew with the skills he had there were lot of requirements in US and could send him easily. Could not do much on his promotion except give him the right (good) grade. Convyed the same to him, he was apprehensive that with the resignation given he would be in back foot. I said the resignation letter is with me only and gave it back to him. After discussing it with his family he accepeted my offer. 9 months latter i got a mail from him saying he was happily in USA with a promotion to and thanked me. I was happy for him as well as the company. The company did not loose him and got revenues from him. So my expereience in this case is different. regards A Project Manager of mine in Tata IT company handed me his resignation after the projet got over. He was a silent and efficient performer.

When asked the reason for that he had two main concerns
- No Overseas Opportunity
- No promotion for a long time

I knew with the skills he had there were lot of requirements in US and could send him easily. Could not do much on his promotion except give him the right (good) grade.

Convyed the same to him, he was apprehensive that with the resignation given he would be in back foot. I said the resignation letter is with me only and gave it back to him.

After discussing it with his family he accepeted my offer.

9 months latter i got a mail from him saying he was happily in USA with a promotion to and thanked me.

I was happy for him as well as the company. The company did not loose him and got revenues from him.

So my expereience in this case is different.

regards

]]> By: gopa http://www.mbanaukri.com/careers/salary/retention-strategy-counter-offer-a-trap/comment-page-1/#comment-76 gopa Thu, 25 Feb 2010 17:43:00 +0000 http://www.mbanaukri.com/careers/?p=351#comment-76 Well written..wished I read this many years back..I am one of the stupid guys to have accepted a counter offer and stayed on..a major career mistake, impact of which is chasing me even now. My advice is, if you have thought thru the change, give your whole heart to it and go ahead....Never accept counter offers..it is a big mouse trap... Well written..wished I read this many years back..I am one of the stupid guys to have accepted a counter offer and stayed on..a major career mistake, impact of which is chasing me even now. My advice is, if you have thought thru the change, give your whole heart to it and go ahead….Never accept counter offers..it is a big mouse trap…

]]>