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"Beware"

In today's market we know you will most likely receive a counter-offer. This is an outgrowth of the current talent candidate shortage that we are experiencing.

The demand is especially acute in the technical disciplines. While counter-offers may be flattering, there are drawbacks.

Ask yourself these questions:

Is the counter-offer a ploy to avoid a short-term inconvenience?

Will your career track remain blocked?

Will you report to a person you don't respect?

Will your responsibilities be expanded?

Will your loyalty always be in question?

Am I receiving next year's raise or bonus early?

Most employers don't like being fired, are they temporarily buying me?

If accepting a counter-offer is like infidelity, will it be forgiven and can it be forgotten?

If my employer turns on me in the future, do I run the risk of being overpriced and unemployed?

If I accept their offer for more money, am I just giving them the time they need to locate and select my replacement?

If there are cutbacks in the future, will I be the first to go since my loyalty will be in question?

What is my realistic chance for promotions now that they know I am considering leaving?


According to national surveys of employees that accept counter-offers:

50%-60% voluntarily leaves their employer within six (6) months of accepting the counter-offer due to unkept promises

The majority of the balance of employees that accept counter-offers involuntarily leave (terminated, fired, laid off, etc.) their current employer within twelve (12) months of accepting the counter-offer.


Bottom Line

Accepting a counter-offer, no matter how attractive it may appear, greatly decreases the chance of maximizing your career potential.