The Counter Offer

Published by bernards on

In today’s competitive market, you are more likely than not to receive a counter-offer. While counter-offers may be tempting and even flattering, there can be pitfalls that you need to be aware of.

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 percent voluntarily leave their employer within six months of accepting the counter-offer because of promises not kept. The majority of the balance of employees that accept counter-offers involuntarily leave their current employers within twelve months of accepting the counter-offer (terminated, fired, laid off, etc.).As attractive as counter-offers may appear, they greatly decrease your chances of achieving your career potential.
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