HANDLING COUNTER OFFERS
When you hand in your notice, your current employer may counter with a tempting offer—more money, a promotion, or promises of change. It’s flattering, but should you take it? Here are key points to consider:
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Why Did You Want to Leave in the First Place? Think back to your reasons for seeking a new role. Were they purely financial, or did they involve deeper issues like growth opportunities, work culture, or job satisfaction? A counter offer might address salary concerns, but it won’t necessarily fix underlying problems.
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Promises vs. Reality Employers may promise improvements to keep you on board, but will they follow through? Studies show that many employees who accept counter offers leave within six months, often because the original issues remain unresolved.
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Your Market Value Receiving a counter offer validates your worth, but it’s also a reminder that you may have been undervalued before. Why did it take a resignation for your employer to recognize your contributions?
Long-Term Implications Staying after a counter offer can change your relationship with your employer. They may question your loyalty, and you may feel less secure in your position.