• PTP Chicago

Think Twice Before Accepting a Counter-Offer

You may have heard in the past that the majority of people who accept counteroffers either leave the company or are laid off within a year. While receiving a counteroffer can be flattering, your employer most likely has ulterior motives. They could even be offering you more money or a job promotion… but as tempting as the counteroffer may be, there are career professionals that say you shouldn’t accept.

Take a step back and consider the reasons why you are looking for a new job in the first place. It could be that you’re looking for a higher salary, better work environment, or maybe a career change. Here are a few things that you should consider:

  • You probably don’t want to reveal the salary you’re being offered by the other company.

  • If you accept a counteroffer, you may lose trust in the relationship with your employer.

  • It would be in your best interest to plan the approach you would take when turning down a counteroffer, because you don’t want to burn any bridges.

Never use intimidation or threats of leaving. Alternatively, it is more productive to look at the reasons why you’re unhappy in your current job before looking for a new one. At this point, you should meet with your boss and discuss some changes that would make you happier, such as added responsibilities, flexible hours, or a higher position within the organization. You may even consider asking, “Where do you see my career going?” or “What roles do you think will be made available for me in the future?”

Have you ever been put in this situation? Please, tell me about your experiences.