- It’s a scenario that demands careful consideration for you. On the one hand, accepting a counteroffer can be immediately rewarding; it may come with a significant salary increase, additional benefits, a promotion or a promise for future career growth. It is a clear sign that your employer recognises your worth and is willing to invest more to keep you on board. It can also provide a sense of security without the risks associated with transitioning to a new role.
- However, it’s crucial to weigh these immediate advantages against the potential long-term consequences. Accepting a counteroffer can sometimes be a career misstep. It may damage the trust between you and your employer, who may question your loyalty moving forward. There’s also the risk that the counteroffer is simply a stopgap measure by your employer to retain you until they find a replacement on their terms or secure against an unwanted recruitment search to replace you.
- It is important you consider the reasons that prompted you to look for a new opportunity initially, such as workplace culture or career progression, they may still remain unaddressed. It’s essential to reflect on whether the counter offer truly aligns with your long-term career aspirations and personal growth and also thought to why you needed to source a new role to receive an improved career or conditions with your current employer.
Surprising statistics are:
- 57% of employees accept counteroffers. 50% of these employees are active on the employment search again within 60 days.
- 80% of employees who accept a counteroffer from their current employer leave within the 12 month period.
It is important through the counteroffer situation you remember and address the initial reasons for the career move. It most cases these will not have been solved.
