Questions to ask yourself when you’re being offered a pay raise after resigning

When an employee announces that they are resigning, the “buy-back” is something we see quite often, and it can tempt people to stay back and reconsider.

However, while money is often a key driving factor, many people look for a new job for reasons beyond that and it is key you remember those reasons when faced with the buy-back.

Whilst an increase in pay at your current employer may seem like just what you need, you risk becoming institutionalized and losing the opportunity to grow somewhere new. We advise that you weigh all options before deciding on what to do.

 

 

Did you resign because you weren’t paid enough?

 

Had you approached this before and you were rejected? If so, it means it’s only your resignation that is making your employer realize your worth, is that an organization you want to continue working for?

 

Did you resign because of working arrangements you weren’t happy with?

 

Money isn’t going to solve this problem. Your employer needs to recognize internal issues and proactively change them. If it takes your resignation to bring that to their attention, then that habit will likely never change, and new issues will arise in the future.

 

Did you resign because you wanted a change?

 

When you conclude that it’s time to move on, that’s perfectly normal and it’s an opportunity for a fresh start, new people, new challenges, and new goals. Whilst an increase in pay at your current job may seem perfect, you risk becoming institutionalized and losing that opportunity to grow somewhere.