🤝 🤝 🤝Congratulations! You’ve just accepted a new job offer and you’ve decided to have that “difficult conversation” with your current employer. You’re composed and confident as you deliver the bad news that you have decided your future career lies elsewhere.

After the initial shock and disappointment has worn off, your boss decides that you’re too valuable to lose (especially to a competitor) and they’d rather crawl over broken glass than have to try replacing you. This is a candidate short market after all!

So they metaphorically bring you into a warm embrace, love bomb you with praise and they throw a counteroffer at you that suddenly makes you feel all warm and fuzzy, which in itself is confusing because two minutes earlier you were certain you were leaving the company. Now you’re not so sure.

In this scenario, it can be tempting to accept a counteroffer from your current employer. But before you do, it’s important to understand the pros and cons of taking a counteroffer.

PROS

✅ One of the biggest benefits of accepting a counteroffer is that you get to stay in your current role. This means you don’t have to worry about learning a new job or adapting to a new team or environment. Plus, you don’t have to give up any of the perks, relationships or benefits you had before.

✅ Taking a counteroffer can also give you additional leverage for a raise or promotion. Your current employer may be willing to give you a raise or promotion to keep you around.

CONS

❌ One of the drawbacks of accepting a counteroffer is that it could damage your relationship with your current employer. Although they may be willing to give you a raise or promotion to stay, they might also resent you for leaving in the first place.

❌ There’s also the chance that your current employer won’t be able to keep their promise. They could perhaps see this as a short-term measure to slowly replace you down the line.

Food for thought before you accept that counteroffer.

Campbell Rochford – Turning Good To Great!