How to Combat Counteroffers
While receiving a counteroffer can be exciting, accepting one can come with consequences. Learn how to effectively navigate a counteroffer situation with these guidelines.
As tempting as it may be to use an outside offer as leverage in your current position, it’s not a good idea to accept a counteroffer from your current employer once you’ve been through the interview process with another company.
Though it’s nice to know your employer wants to keep you around, they may mistrust you going forward, you might miss out on opportunities for promotion, or you may even be chosen for downsizing.
You also hurt your relationship with the business you almost said yes to. A large amount of time, money, and company resources went into reviewing your information, and interviewing and debating on an offer for you. Plus, managers talk, and you don’t want to develop a bad reputation.
When you don’t feel valued in your current organization, it’s best to meet with your manager to discuss solutions. If your current company is not able to help you grow and succeed in your role, it’s best to leave gracefully and on good terms.