What are they?
A counter offer sometimes happens when you tell
your current company that you are leaving for a
better opportunity. Your current employer panics
and immediately offers you a raise and/or
increased responsibility if you stay with the
extend a counter offer:
> Department morale suffers when people
> Employee resignations do not
look good on a manager's record.
> It is cheaper to give you a
raise than it would be to recruit a new
> They can give you a raise and
have you stay while they search for your
> The projects you are working
on will suffer delays because of your departure.
> Companies want to have a low
> Companies do not want
sensitive or confidential information going to a
> Companies do not want skilled
professionals going to competitors.
Top reasons why
you should NOT accept one:
> You had to threaten to leave in order to
receive the rewards and career path you have
> 80% of all employees who
accept a counteroffer are no longer with the
employer after 1 year.
> The same circumstances that
now cause you to consider a change will repeat
themselves in the future.
> You will be signing up again
to spend 8 hours plus a day at a company that
you were trying to leave.
> Aside from money, your
original reasons for leaving your job will still
be present after accepting a counter offer.
> You will not be considered a
loyal employee from here on out; therefore, you
will not be included in the inner circle.
> When promotion time comes
around, managers remember who has tried to leave
the company already.
> If the company hits rough
waters, you will be the first to be let go.
> Often, when you accept a
counter offer, your manager will already be
looking for your replacement.
> Statistically, 4 out of 5
employees who accept a company's counter offer
will leave that company within 6 to 9