Not long ago, a recruiter
friend of mine told me this story.
It seems that there was
an account supervisor working on a cosmetics account. She was underpaid and her responsibilities
were actually below her experience level. As a result, she was vulnerable to being recruited to another job. Through the recruiter who told me the story,
this account supervisor received an offer on a competitive cosmetics account,
still as an account supervisor, but for about 50% more than she was making.
She accepted
immediately. It was a great offer at a
good agency on one of the most visible accounts in the category. When she went
to resign, her agency came right back at her telling her how much they valued
her and asked her to wait a couple of days.
In a day or two they came back at her with a counter offer. They promised that they would give her a
title of senior account supervisor (the agency had no such title) and give her
a raise to meet the other agency’s offer. Both the salary increase and the
title would occur in six months. The
recruiter told the AS that she was playing with fire and that six months was
ample time for her to be replaced. And because nothing would happen for half a
year, the agency would have no additional expenses.
I
have written many times about not accepting counter offers. This story illustrates what can happen. A
counter offer that meets the new salary is not a counter offer; a counter
offer, if it is a real counter, should actually be higher and better than the
new offer. It should be immediate and not in the future, especially not in six
months. Offers for more money from a current employer may be flattering,
but do not resolve the underlying issues for wanting to leave in the first place.
Well, nevertheless, this
account supervisor accepted this non-counter offer to stay with her current
agency.
The recruiter told the
new agency and they were very disappointed.
The new agency really liked her and added another $5,000 to their offer
and a promise, which they would put in writing, of a promotion within six
months.
So the account supervisor
again accepted this new offer, agreed to a new start date and then again told
her existing agency she was leaving.
They came back to her and agreed to meet the new agency’s promise of
title and salary in three months. It was clear that the existing agency was
just buying time.
The recruiter warned her
not to take the counter offer and to move on.
Of course, the candidate figured that the recruiter was only trying to
make a placement and was exaggerating the negative aspects of staying where she
was.
In effect, the account person
played it badly with both agencies. Why she would stay at her existing agency
was incomprehensible. Not surprising,
both agencies were furious. Her existing
agency saw her as disloyal; the new agency realized that she was wishy-washy.
The recruiter was so
angry that she actually called many other recruiters as well as other people
she knew who worked on cosmetics and tried to blacklist this person.
Well, guess what? The
candidate was replaced and terminated about six weeks later. She actually called the second agency and
asked if the job was still available.
Very correctly they would have nothing to do with her. The recruiter who was involved told this
supervisor that she would never again work with her. Surprise.
As told to me by the
recruiter, this account supervisor was out of work so long that she had to take
a job that was paying less than she was making when this whole business started.
When I heard the story
about a year later, she had lost her new job when the agency lost the account
she was working on. She ended up leaving
the business.
The whole point of this
post is that once you make up your mind
to leave your job and you get a good offer, you must leave.
Great story Paul. Painful lesson.
ReplyDeleteToo bad the AS didn't see the situation from the other side of the desk. Learning the hard way, unfortunately.
ReplyDelete