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8 Reasons Why You Should NOT Accept a Counter-Offer

1. You could harm your relationships. By telling your supervisor that you have made plans to leave, you have demonstrated a lack of loyalty. If you stay, some extent of hostility or distrust will always remain.

2. You could lose opportunities. Now that you have lost your employer’s trust, when it comes time for promotions, you may not be considered.

3. You may gain TOO much responsibility. A counteroffer will likely involve added responsibilities (especially if your firm increased your compensation). You may not be ready to handle these new responsibilities, possibly damaging your career if you execute these new tasks poorly.

4. You could be replaced. Your employer may start looking for someone to take over your position at a lower cost. Now that they know you were prepared to leave and can leave at any time, you serve as an expensive risk. The counteroffer can buy them time – you stay in your job while they interview candidates to find your (potentially cheaper) replacement.

5. It could take a LONG time before you receive another raise. When raise and bonus season comes around, it is not unlikely that you will see zero change in your compensation. Why? Managers will argue it’s because the compensation that you received earlier in the year, with the counteroffer, was your expected raise or bonus and therefore, the firm no longer has the funds to allocate to an additional increase.

6. The problems will remain. The reasons that made you want to leave your current position will likely repeat themselves in the future. The statistics are staggering when it comes to this fact - between 70-80% of people who accept counteroffers end up leaving or are let go from their employer after accepting a counteroffer. Things may seem great from the counteroffer, but in the end, you are still in the same unhappy environment.

7. You will hurt your reputation and your pride. By accepting a counteroffer, you are demonstrating that you can be bought. Do you really want to give into a company that will only pay you what you are worth once you threaten to resign?

8. You could lose both offers. If you bargain too much with both companies, your current boss may fire you and your potential boss may give up on your candidacy. Then, you are left unemployed with a negative relationship with BOTH companies.

 
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