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Your employer offers an increase in salary to counter an offer made by a competing firm. Many employees will entertain, and a few will accept the (counter) offer. Those that accept a counter-offer often do so because they will not have to address the emotions of leaving their "comfort zone" (current employer), and entering into the unknown of joining a new company. But, what are the dangers of accepting a counter-offer? Consider the following before you decide to accept your employers counter-offer:
Statistics show that if you accept a counter offer, the probability of voluntarily leaving in six months or of being let go within one year is extremely high. Statistics compiled by the National Employment Association, confirm that over 80% of those employees who accept a counter-offer are no longer with the same company six months later. Accepting a counter-offer can influence the decision of a future employer from making you an offer to join their company. In effect, you may have "blackballed" yourself. Remember the reasons you had for making a career change. Sure, part of it may be compensation. However, there were probably other motivating factors such as, upward mobility, challenge, geographic location, and so on. Once you have made the decision to make a change in your career path, make a plan, follow your plan, and stick to it. Don't allow yourself to be "futured" into staying with your current employer. It is not worth the risk. |