Why Counter-Offers Are The Shiny Bait You Shouldn’t Bite
You’ve just handed in your resignation, and then—bam!—your current employer swoops in with a counter-offer. More money, a shiny new title, promises of greener pastures. Tempting, right? It’s the sparkly bait that catches your eye. But before you bite, let’s hit pause and talk about why counter-offers are often a career trap in disguise and why saying “yes” to a counter-offer could be a big mistake.
1. The Real Reasons Behind the Offer
When your employer counters, it’s rarely just about how valuable you are Realistically, in most cases, it’s because losing you creates a mess for them—extra costs, time-consuming recruitment, and a hole in their team that needs filling. While they might suddenly shower you with praise and extra cash, remember that this could be more about their convenience than your value.
Ask yourself: why did it take a resignation for them to see your worth? If you were truly indispensable, wouldn’t they have recognised that earlier without the threat of you walking away?
2. Not a Quick Fix
Think back to the reasons you wanted to leave in the first place. Was it unbearable micromanagement? Lack of growth or progression? A toxic environment? Accepting a counter-offer might solve one thing—money—but it won’t magically transform your work culture or provide new growth opportunities. Those deeper issues are still there, lurking below the surface, ready to resurface once the glow of the counter-offer fades.
3. Underlying Tension
When you hand in your resignation, the dynamics with your employer may change. Even if they persuade you to stay with a counter-offer, an unspoken tension may start to develop. They know you were ready to leave, and you know they didn’t recognise your value until you forced their hand. This often leads to a shift in trust and job security, leaving you wondering if the company are just waiting to replace you on their own terms.
4. Delaying the Inevitable
Let’s be real, statistics don’t lie. Studies show that 80% of people who accept a counter-offer end up leaving within six months anyway. Once the dust settles and the initial excitement of a salary bump wears off, those same frustrations that led you to resign in the first place tend to creep back in. You might be delaying the inevitable and wasting valuable time that could be spent growing in a new, more fulfilling role.
5. Better Offers are Waiting
Sometimes it’s easier to stay rather than rocking the boat. Counter-offers can create a false sense of security, making you think it’s the best you can get, especially if you’ve been at a company for a substantial period of time. But the truth is, there’s a whole world of opportunities out there, Opportunities that may not have been on your radar before but could be the perfect next step in your career! You just need to get yourself out there to find them!
Final Thoughts
Counter-offers may look like a win in the short term, but they often leave candidates stuck in the same situation that made them want to leave in the first place. Don’t fall for the shiny bait! Instead, trust your gut and stick to your decision. Saying no may be difficult in the moment but will leave you better off in the long term.
By working with a recruitment agency, we can help you navigate the pitfalls of a counter-offer and lead you to your next dream role. Get in touch today!