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MAKING SUCCESS STORIES HAPPEN

Recruitment experts dedicated to the Financial Services Industry

Permanent Recruitment - Freelance / Interim Management

The Belgian Financial Services sector is characterized by an ongoing quest for efficiency, digitalization and adaptation to global economic shifts. Amid these evolutions, Financial Institutions face significant recruitment challenges.

High demand for skilled professionals leads to tough competition for top talent. Recruitment in the Financial Services sector in Belgium requires a deep understanding of local and international markets & regulations, as well as anticipation of emerging trends.

Our expertise

We go beyond traditional recruitment in Financial Services. Leveraging cutting-edge digital tools and an extensive industry network, we identify and secure top-tier talent with the expertise and mindset to drive your company’s success.

We understand the unique context, goals, and responsibilities of each position. Our commitment is to present you with a carefully selected shortlist of professionals who not only possess the technical skills but also align with your company culture and the key success factors of the role to be filled.

OUR EXPERTS

A team dedicated to the Financial sector

Our experts specialise in recruiting talent in the Financial Services sector in Belgium and internationally. They have a proven expertise and track record in identifying top talent for various positions within financial institutions.

Your benefits

Our expertise in recruitment

We recruit on behalf of:

  • Banks (Retail, Private, Corporate, Investment)
  • Asset Managers
  • Insurance (Life & Non-Life) & Reinsurance companies
  • Payment Institutions
  • Leasing companies (B2C & B2B)
  • Fintech (including Regtech & Insurtech)
  • Private Equity & Venture Capital
  • Real Estate Investment companies
  • Family & Multi-Family Offices
  • M&A Boutiques
  • Trusts & Asset Service providers
  • Industry Associations

Our references

Roles for which we recruit:

Leadership

CEO, CFO, CRO, CCO, CMO, CIO, CHRO, COO,...

Strategy

PMO, Program & Project Management, Transformation & Change,...

MarCom

Marketing, Communications, Branding, Campaign Management, ...

Front Office

Private Banker, Portfolio Management, Relationship Management, …

Operations

Middle & Back Office operations , …

Control Functions

Compliance, Risk, Audit, ...

Finance & Reporting

Regulatory Reporting, Actuary, Finance Operations, …

  • What are the latest market trends in the Belgian banking sector?
    Salary survey for banking professions in Belgium in 2025

    • Our Banking Salary Survey has been written under the supervision of our recruitment experts and is based on extensive research, including interviews with our candidates and an analysis of our clients' assignments over the last 18 months.
    Salary survey for banking professions in Belgium in 2025
  • What are the latest market trends in the Belgian insurance sector?
    Salary survey for Insurance professions in Belgium in 2025

    • Our Insurance Salary Survey has been written under the supervision of our recruitment experts and is based on extensive research, including interviews with our candidates and an analysis of our clients' assignments over the last 18 months.
    Salary survey for Insurance professions in Belgium in 2025

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Counteroffer: the false good idea that can hinder your career
MPG France
/ Categories: en

Counteroffer: the false good idea that can hinder your career

When an employee decides to change jobs, it is never an impulsive choice. Between discussions with a new recruiter, getting their family’s approval, successful interviews and the prospect of a new project, the decision is generally carefully thought through. Yet everything can waver at the moment they announce their departure, when the current employer suddenly makes a counter-offer. It is a flattering situation, but one that can become a real professional trap. This is also an issue we regularly encounter at Morgan Philips, as an executive search firm.

You wanted to leave, and it was no accident

A decision to move on always stems from a deep-seated need: more progression, recognition, meaning or stability. A counter-offer does not extinguish these motivations. It simply attempts to postpone a frustration that has already taken root. In most cases, professionals who go back on their decision are faced with the same reality as before: lack of prospects, an unchanged management model, a rigid organisation. Moreover, a counter-offer often has more to do with pride than with a genuine plan: for the employer, it is mainly about avoiding immediate destabilisation, not building your future.

According to the field experience of the consultants at Morgan Philips, an executive search firm, a very large proportion of employees who have accepted a counter-offer end up leaving the company within the following year. This figure reflects a simple reality: when the desire to leave is deeply rooted, a last-minute catch-up does not change anything in the long term.

Your internal image can be weakened as soon as the next day

Announcing that you are leaving and then going back on your decision inevitably changes your position within the company. Management, aware that you were ready to leave the organisation, may hesitate to entrust you with sensitive or strategic projects. A form of tacit mistrust sets in.
Your internal progression may slow down, your ambitions may be perceived differently and your teams may question your stability. Headhunters often observe this: an employee who has accepted a counter-offer is rarely perceived in the same way afterwards.

This perception, even if silent, can have a real impact on your career.

Saying no to your future employer closes a door that will not always reopen

Accepting a counter-offer also means turning down a company that had chosen you, invested time in you and bet on you. In certain specialised sectors, such a reversal can cause lasting damage to your reputation.

For a future employer, this kind of last-minute cancellation can be interpreted as a lack of reliability. In narrow markets, where everyone knows each other, declining a role after having accepted it can leave a mark.

As an executive search firm, Morgan Philips regularly supports companies that are then hesitant to recontact a candidate who has already gone back on their decision. This is an often underestimated but essential factor: a professional door closed today may represent a lost opportunity tomorrow.

In conclusion

A counter-offer gives the illusion of a return to stability, but it does not resolve the underlying reasons that led you to consider leaving. It can weaken your internal status and damage your image with a potential future employer. Before accepting, it is essential to weigh the long-term consequences rather than the immediate benefit.

The experience of Morgan Philips’ recruitment experts shows that choices driven by emotion or pressure in the moment are rarely the most favourable for a professional career path.

Thinking, comparing, analysing: this is what enables you to create a real career turning point, far more than a counter-offer obtained in a rush.

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