While counter-offers may be tempting and even flattering, there can be pitfalls that you need to be aware of. Ask yourself these questions:
- The original reasons why you showed an interest in making a move will probably still be there.
- Will your loyalty always be in question?
- If there are future cut-backs, will you be one of the first to go because of concerns about your loyalty?
- If you accept the counter-offer for more money, are you just giving your employer the time they need to locate and select your replacement?
- Will your career track be blocked if you accept it?
- Will your responsibilities be expanded?
- Will you have to report to a person you don't respect?
- Will the counter-offer be next year’s raise, so you’ll get nothing next year?
- Is the counter-offer a ploy to avoid a short-term inconvenience by your employer?
- What are your realistic chances for promotions now that you have considered leaving?
As attractive as counter-offers may appear, they can greatly decrease your chances of achieving your career potential.
See our insight article here for more information on why you shouldn't accept