How to Handle a Counteroffer When Quitting Your Job

How to Handle a Counteroffer When Quitting Your Job

If you’re planning on handing in your resignation, or you have recently, you might want to consider what will happen if your current company offers you a counteroffer to stay and keep working for them instead.

On one hand, it’s tempting – if they’re able to match or exceed your new offer, you won’t have to deal with the hassle of learning a new company, assimilating into their culture, adjusting to new coworkers. You know exactly what to expect when you take that offer and stay with your company.

But is it really a good idea?

Now They Know You Want to Leave

A big issue with taking a counteroffer is your boss, their boss, and their bosses’ boss all know you were considering leaving. They’re fully aware that you are not 100% dedicated to the company, and there is a risk of you jumping ship again in a few months, or years if a better opportunity opens up for you.

Realistically, this is true for every employee, but you just put your name at the top of the list. It’s possible that they are only offering you this so they don’t have to scramble to fill your position, and within a few months, they will look at phasing your role out or replacing you entirely.

It’s possible when this does happen, you won’t have such a nice offer from another company to fall back on.

They Didn’t Value You Before… Why Now?

Think about it. You looked for other employment because something was wrong – either you weren’t getting paid enough, weren’t being treated properly, or you couldn’t handle your coworkers. No shame in any of these reasons, mind you!

What is going to change now? Just because they’re bumping up your salary or perks doesn’t mean they value you anymore, and the company itself probably isn’t going to change much, so you can expect the same issues to arise.

Consider Your Future, Too

Don’t just consider the here and now, but the long-term goals, too. What job gives you the most opportunity for growth while still meeting your needs? Which position can you see yourself in the long term?

You should be making career moves that benefit you in five to ten years, not just in five to ten months. If you can see a real future with your current company, would you have pursued alternative employment to begin with?

Ultimately, go with the company that best fits your life, your needs, and will help you advance your career. Taking the counteroffer is often just a band-aid, and won’t benefit you in the long term one bit.