Ten Reasons why you may want to reconsider accepting Counter Offers

Ok, you went through the interview process with your prospective new employer and have given notice to your current employer. Now, your boss wants you to stay and the company says that they will give you a raise or some other incentive. Accepting this type of counter offer is dangerous to your career according to many Executive Search Firms. Here are ten reasons why you should not consider the counter offer:

  • What type of company do you work for if you have to threaten to resign before they give you what are worth?
  • Where is the money for the counter offer coming from? Is it your next raise early? All companies have strict wage and salary guidelines which must be followed.
  • Your company will immediately start looking for a new person at a cheaper price.
  • You have now made your employer aware that you are unhappy. From this day on your loyalty will always be in question.
  • When promotion time comes around, your employer will remember who was loyal and who was not.
  • When times get tough, your employer will begin the cutbacks with you.
  • The same circumstances that now cause you to consider a change will repeat themselves in the future; even if you accept a counter offer.
  • Statistics show that if you accept a counter offer, the probability of voluntarily leaving in six months or being let go within one year is extremely high.
  • Accepting a counter offer is an insult to your intelligence and a blow to your personal pride, knowing that you have been bought.
  • Once the word gets out the relationship you now enjoy with your co-workers will never be the same. You will lose the personal satisfaction of peer group acceptance.