Pitfalls of accepting a counter-offer
A counter-offer is simply an inducement from your current employer to get you to stay with the company even though you’ve announced your intentions to accept a position with another firm.
- Interviews with employers who make counteroffers, and employees who accept them, have shown that as tempting as they may be, accepting a one may cause career ruin. In only rare cases does the counteroffer actually benefit the employee.
TOP 10 REASONS TO SAY “NO” TO A COUNTER OFFER:
- If you have to threaten to quit to get a raise, your boss may think so little of you that he’s not worth working for.
- If you weren’t earning enough money to keep you at your job, your company has a problem with its personnel policies.
- Loyal employees get promoted, disloyal employees don’t.
- Your company may hunt for bargains in skilled people who will settle for less money. If you want more money, odds are, your company is looking for someone who will do your job for less.
- The circumstances that led you to job hunt in the first place will recur in the future.
- Layoffs start with troublemakers.
- Jealous coworkers can make your life miserable if your counter offer leaks out.
- Few people want to feel that they’ve been bought, and accepting a counter offer can seem like selling out.
- You have made your boss aware of your unhappiness, and an unhappy employee reflects badly on him.
- You will probably leave within six months or be fired within a year, if you accept a counter offer.