Over 80% of people who accept counteroffers, leave their employer in the next twelve months for the following reasons:
- When you resign, your manager will be understaffed and is more apt to tell you what you want to hear regardless of whether it can be provided.
- Money is never the only reason a person decides to pursue other opportunities.
- Counteroffers involving increased income are typically just future raises granted early because all companies have budgets with wage guidelines.
- Your loyalty will always be questioned.
- Your reason(s) for leaving will eventually resurface.
- Changes made as a result of a counteroffer may appease you in the short term, but rarely last for the long run.
- The counter-offer may actually be a stalling technique. By buying you back, the company has bought some time, perhaps to finish that big project, reorganize other team members or search for a suitable replacement.
Counteroffers can be tempting and ego-inflating. A counteroffer comes cloaked in flattery like one of the following:
- "You are much too valuable to the team to desert us now!"
- "We were waiting until next month but we are going to give you a raise/promotion because we appreciate your work."
- "We did not know you were unhappy here. Whatever it is, we can work it out."
Promises employers make after a resignation are because they have no choice. Companies offer counteroffers because they are forced to, not because they feel the employee deserves it. Counter-offers are always a bad idea for a candidate to accept. After the threat of you leaving is gone, they can treat you the way they have been. Again, over 80% of people who accept counter-offers end up no longer employed by that employer in the next twelve months.
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