Evaluate Counter-Offers Carefully Before Accepting

Following are the survey results from my survey last week on LinkedIn regarding ACCEPTING OR NOT ACCEPTING A COUNTER-OFFER.

  • 43% of the participants voted that they would not accept a counter-offer,
  • 57% responded that “Accepting a Counter-Offer Comes with Risks”
  • 0% of participants responded “Yes”. 

Based on the survey results, comments shared, and conversations with individuals who have contemplated the pros and cons of accepting a counter-offer, most people seem to agree that a counter-offer from your employer requires careful evaluation.  You should consider the scope of the offer and why it took resigning to get what you want (i.e., more money, a promotion, a new position, and/or recognition for the work that you are already doing). If it takes leaving to get what you want, you and your employer may both be sending the wrong message.

Accept an employment offer for the right reasons, if it makes sense for your career, and if you trust that the company has your best interests in mind.  Things to consider are:

  • Remember why you were leaving.  Will anything change if you stay?
  • Does the new position offer you better long-term career growth?
  • Which culture is a better fit for you and your family?
  • Why did you not get the increase, promotion, etc. before you resigned?
  • Is this a short-term solution or a good long-term solution for you and the company?
  • Will you be taking on more work and responsibility that gives you less flexibility and work-life balance? 
  • Can you broaden your knowledge base and close skill gaps or get experience in a new industry if you leave?

If you decide to accept the counter-offer from your current employer, have the courtesy to contact the prospective new employer that made you the original offer to let them know you are not coming.  When you accepted, their offer, they probably stopped their search for the position, and are dedicating time to preparing for your onboarding and training.  This may prevent burning a bridge in the future for opportunities with the organization or leader. 

If you decide to leave your current position, obviously, leave on good terms and keep the door open in case you want to return in the future.

Thanks to everyone who participated and viewed the survey!  Your experience and thoughts help other people who may be considering a move.  You can contact me at robin@hrthought.com