How do I decline an offer that I already accepted

[lholhos]

My current employer decided to give a counter this morning and its supposed to be my last day here! starting a new job on Wednesday...I took the offer because my colleagues, my manager and His bosses begged me not to leave the company... and the offer is fairly good! now how do I tell the other company that im withdrawing my offer acceptance...Please help in drafting a letter

[cerebus]

Certain you want to stay?

[eehellfire]

My current employer decided to give a counter this morning and its supposed to be my last day here! starting a new job on Wednesday...I took the offer because my colleagues, my manager and His bosses begged me not to leave the company... and the offer is fairly good! now how do I tell the other company that im withdrawing my offer acceptance...Please help in drafting a letter

Surely cash isn't the only reason that you are leaving your current company?

[gregmcc]

You dont... leave! Never accept counter offers no matter how good the offer.

If you do then your fine with the fact they the company has been screwing you and now only offered you extra money to stop you leaving.

[chrisc4290]

Print it and deliver it by hand:

Your address
Your telephone
30th July 2012

The company
Street address
Town
Post Code


Dear Sir

I regret to advise that I will not be able to accept the position you offered me. I realise that this is short notice, but an irrevocable situation has arisen that prevents me from accepting your offer

Yours faithfully

Your name

[GreyBush]

You dont... leave! Never accept counter offers no matter how good the offer.

If you do then your fine with the fact they the company has been screwing you and now only offered you extra money to stop you leaving.

My thoughts... you shouldn't have to threaten for increases.

[teraside]

My current employer decided to give a counter this morning and its supposed to be my last day here! starting a new job on Wednesday...I took the offer because my colleagues, my manager and His bosses begged me not to leave the company... and the offer is fairly good! now how do I tell the other company that im withdrawing my offer acceptance...Please help in drafting a letter

You don't need to draft any letters. Just phone the person in charge and or HR Department and let them know you won't be accepting the new job, point. No reasons need to be given. It's your life, so you choose how to live it.

I would also rather stick it out at a familiar company, than to uproot myself for greener pastures. I value loyalty and a great working environment more than cash itself.

[cbrunsdonza]

+1 gregmcc

Never accept a counter offer.

Its been proven that staff who accept counter offers will leave within 6 months. Also keep in mind they will have you by the curleys if you stay. There is also no incentive for them to give you a raise and you could find yourself worst off.

[JungleBoy]

I've done this before - word of caution this could backfire. Show some integrity and leave. You can always come back if they still want you back.

[Ancalagon]

Why do you want to leave in the first place?

If it was just money, then stay. If you didnt like what you were doing, or the people you were doing it with, or your options for career advancement, then leave. Money will improve but those three things never change. Look at the loyalty this company has shown you - only on your last day do they make you a counter offer. Last day! They are toying with your emotions.

If they really wanted you to stay, they would have looked after you, and your current salary would already be good.

[cbrunsdonza]

Here is a nice one: http://www.forcomposites.com/INFORMA...lvereasons.htm

Twelve Reasons Not to Accept a Counter-Offer

(Not all of these apply in every situation, but some do apply.)

1. What type of company, or people, do you work for if you have to threaten to quit or resign before they give you what you are worth?
2. Where is the money for the counteroffer coming from? It’s usually your next raise early. All companies and people have strict salary guidelines and budgets to consider. They get paid more when they keep the budget low.
3. Your company may immediately start looking for a new person at a cheaper price or someone they will have to pay as much as they have offered you.
4. You have now made your employer aware that you are unhappy. From this day on your loyalty will always be in question.
5. When promotion time comes around, your employer will remember who was loyal and who wasn’t.
6. When times get tough, your employer may begin the cutback with you.
7. The same circumstances that now cause you to consider a change will repeat themselves in the future even if you accept a counter offer.
8. Statistics show that if you accept a counter offer, the probability of voluntarily leaving in six months or being let go within one year is extremely high. (We have heard 80% in six months to one year.)
9. Accepting a counter offer is an insult to your intelligence and a blow to your personal pride knowing that you have been underpaid for a number of years.
10. Once the word gets out the relationship that you now enjoy with your co-workers will never be the same. You will lose the personal satisfaction of peer-group acceptance.
11. Recruiting someone to take your place will possibly require a salary about what you have now been offered, time and money lost while finding your replacement and bringing them up to speed, possibly a fee to a recruiter or for ads, and taking valuable time to recruit someone whether through a recruiter or internal sources.
12. When you resign, you have created a "crisis" situation in your boss’s mind. The boss immediately feels
    
    • Rejection
    • Dejection
    • Sense of loss
    • Sense of failure (He did think he could keep you on board for less money than he now offers.)
    • Anger
    
    

Remember. With your boss feeling this way, he usually has only one thing in mind. That is - keep you on the payroll until he can find your replacement.

AGAIN, NOT ALL OF THESE REASONS APPLY IN EVERY SITUATION,

BUT SOME SURELY DO.

[Garyvdh]

I would not accept the counter offer.

[egenis]

Congrats. But remember - they own yo a$s now...

For ever and ever...

[milomak]

Much like others have stated, once you have made the decision to resign; stick to it.

[Grimspoon]

I will +1 to what everyone has said. Never accept a counter offer. The fact that you had resigned shows you were not happy, why would that now change? Money only gives an individual a certain amount of satisfaction, and if they are only willing to pay you your worth now after you resigned, that shows they were taking you for a ride. Good chance you will accept the offer and resign in any case shortly down the line.