Considering a Counter Offer

While counter-offers may be tempting and even flattering, there can be pitfalls that you need to be aware of, so ask yourself these questions:

  • Will your loyalty always be in question?
  • If there are future cutbacks, will you be the first to go because of concerns about your loyalty?
  • If you accept the counter-offer for more money, are you just giving your employer the time they need to locate and select your replacement?
  • Will your career track remain blocked if you accept it?
  • Will your responsibilities be expanded?
  • Will you have to report to a person you don't respect?
  • Will you receive next year's raise or bonus early?
  • Is the counter-offer a ploy to avoid a short-term inconvenience by your employer?
  • What are your realistic chances for promotions now that you have considered leaving?

COUNTER OFFER STATISTICS

According to national surveys of employees that accept counter-offers:

  • 50-80% voluntarily leave their employer within six months of accepting the counter-offer because of un-kept promises.
  • The majority of the balance of employees that accept counter-offers involuntarily leave their current employers within twelve months of accepting the counter-offer, because they are terminated, fired, laid off, etc.

As attractive as counter-offers may appear, they greatly decrease your chances of achieving your career potential.