Eight reasons why you should not accept a counter-offer from your current employer
By Chris Bongard
29th March 2012

Well, you finally bit the bullet and handed your notice in. It’s getting more and more common for employers to simply view this as a negotiating tactic and then start trying to woo you back.  In my experience, counter-offers are often counter-productive and there are many good reasons why you should step away.

  1. Your current employer has been paying you less than they had to before you resigned. Do you really want to work for a company where you have to resign before they give you what you are worth?
  2. Where is the money for the counter-offer coming from? Is it from your next pay rise or maybe out of your bonus? (Most companies have strict wage and salary guidelines, which must be followed).
  3. It is possible that your company will immediately start looking for a new person at a lower salary cost, which places your position at risk.
  4. You have made your employer aware that you are unhappy and want to leave the company. From this day on, your loyalty will always be in question and you risk losing the trust you had developed with your manager up to that point.
  5. When promotion time comes around, your employer will remember who was loyal, and who wasn't. Those who threatened to leave may be passed over for advancement.
  6. When times get tough and your employer needs to reduce the number of staff, your employer will be more likely begin the cutback with you, especially now that you are a higher financial cost to the company.
  7. The same circumstances that now cause you to consider leaving will repeat themselves in the future, even if you accept a counter-offer. Most motivations to leave are not financial and promises to change these factors inevitably are not met.
  8. Statistics show that if you accept a counter-offer, the probability of you leaving within six months, or being let go within one year is extremely high.

Counter offer

Do you agree or have you successfully accepted a counter-offer which improved your position?  I’d love to hear more below.

Comments

"Completely agree and have never done so because I felt this to be the case!" - Sarah

"I agree 100%. Thanks for the insight." - Stan

Comments

Currently there are no comments. Be the first to post one!

Post Comment

*
*
*

How to fix a broken leg

You break your leg, what do you do? You go to the hospital. Right? You get it X-rayed, plastered up and wait for it to heal. When it twinges and you say “ohh my leg ain’t half hurtin’ today” (in... Read More

Are tech tests useful or just lazy?

For many businesses that are hiring software and tech specialists they can see a mass influx of candidates. Tech tests or exercises can be a great way to cut down the noise and find the person with the right skills.... Read More

How NOT to answer interview questions

Interviews are the most important part of the job searching process; it is what stands between you and your dream role. If you have a bad interview or answers a question badly you might be putting your next role at... Read More

How AI is personalising marketing

There is no question that artificial intelligence, machine learning and automation is changing the marketing function in many businesses. For many consumer brands these technologies are now they most effective way of communication with a customer.  As AI continues to... Read More

Where should we send our newsletter?

Close