I need help. I'm a newly promoted Team leader and currently having a hard time handling an attrition. This person has a Team lead experience but was hired as an individual contributor in our company a month ago. He is now deciding to leave the company because of an offer for a Team Lead position from a different company. Though I feel upset about it, I don't want to stop him from leaving if he thinks this position will help him personally. But is there any thing else I can do or say that can change his mind?
Other than offering a team lead position and / or a significant raise I don't see much that you or your company could do.
He is not long enough part of your company to develop attachments and it won't impact your company that much either if he goes unless he is the only one in your place doing his job.
Make sure your team gets adequate replacement as soon as possible and good luck with your problems.
Don't let things get to you that are out of your control and make sure you have enough free time for yourself.
- Talk it through with him. Make sure you understand the motivations and discuss all pros and cons between both options openly and honestly; rank, money, impact, culture, commute, technical growth, as much was he is willing to share
- If you both feel there is a good future for him at your place, make an effort to create this based on your discussion. Make sure you are honest about this: if he really wants team lead and you have no team lead position, just say so.
- If there is no viable option: thank him for his time, figure out a good transition plan and make sure you throw him a nice good-bye event.
- Revisit your hiring practice. You should only hire people if there it's a good fit for their own career aspirations and there is a credible long term fit. In this case you may have hired someone who was "overqualified" and actually wanted more. An impressive candidate is tempting, but it rarely works out long term if it's "too good to be true".
Depending on the field that you are in, the world is a pretty small place. As a general approach I'd prefer supporting their movement to be happy in their career. While it may not help you or company immediately, it will build good will that may come back and pay dividends in the future.
As to this specific individual taking a job and then one month later wanting to leave because of another offer with a better title. From experience this isn't an individual you want to try to retain. They weren't committed to your company if they are still considering job offers.