As the Founder and President of New Gig Solutions, a staffing company that helps job seekers find new opportunities, I’ve seen countless candidates contemplate counteroffers from their current employers. While it may be tempting to accept a counteroffer, especially if it comes with a salary increase, I strongly advise against it in most cases. Here’s why:
First and foremost, a counteroffer rarely addresses the underlying issues that drove you to seek a new job in the first place. Whether it was lack of career growth, a toxic work environment, feeling undervalued, or a desire for new challenges – more money alone won’t make those problems disappear. Whatever dissatisfaction or frustration you felt before will likely resurface, often within a matter of months.
Secondly, accepting a counteroffer can erode trust between you and your current employer. By showing that you have one foot out the door, you’ve indicated a lack of loyalty in their eyes. Even if they sweeten the deal to get you to stay, your relationship is unlikely to be the same. You may be passed over for future promotions and opportunities because your boss now sees you as a flight risk.
Additionally, your employer may just be buying time with a counteroffer. They need you right now, but in the back of their mind, they’re already making plans to search for your replacement. Why would they want to rely on someone who was ready to abandon ship?
In my experience, the vast majority of people who accept counteroffers end up regretting it. Statistics show that around 80% reignite their job search within 3 months. Knowing this, you have to ask yourself whether it’s worth the risk to your reputation and career trajectory to accept a counteroffer.
Of course, there are always exceptions to the rule. If your sole reason for wanting to leave is compensation, and your employer is able to meet your salary requirements and put it in writing, it may be worth considering. But in most cases, the smarter move is to graciously decline the counteroffer, thank your employer for the opportunity, and embrace the new challenges and room for growth that a new job can provide.
Remember, a counteroffer is not a long-term career strategy – it’s usually a band-aid solution that won’t fix underlying issues. You owe it to yourself to take the better job opportunity and keep moving your career forward.
As founder of a staffing company, my goal is always to help professionals make the best decisions for their careers. If you’re wrestling with a counteroffer decision, I’m happy to be a sounding board and offer guidance based on years of experience. Never hesitate to reach out.
Wishing you all the best in your career journey,
Brian Gabrielson
Founder & President New Gig Solutions