COUNTER OFFERS

A statistic and increasing since the end of Q1 2024 is that over 78.87% of people that take a counter offer invariably leave within 12-18 months.. 

Points I often present to those perhaps evaluating there decision when presented a counter offer: 

1. Why should it take another employer to pull together a strong proposal for them to suddenly react and offer a comparable arrangement.. perhaps they should of done this beforehand valuing your contributions better and was more vigilant in wider external activities ie market conditions for set particular skill set? 
2. As a mechanism to retain talent, often leadership faced with time constraints can position a proposal which is done with a lack of consideration, planning, and internal due diligence which often leads to broken promises with an the inevitable happening of exiting the company. 
3. Typically their is an underlining motive when considering change from the outset either monetary, career growth, technology to their disposal / innovation pathway, culture, and more.. value your time / trust your gut.. why should a counteroffer shift your reasoning for change? often it can just be “putting a plaster over a problem, it’ll slowly peel back exposing the original source / issue”. 
4. Change is different but linking to point 3 it’s important to remember the original source of exploring change.. often (not in all cases) but it has a common correlation to career stagnation and hitting a ceiling both financially / professionally!
5. Broken trust and partially closing doors across the end client (particularly those markets that have a tendency to be incestuous) you’ve withdrew your commitment too, external partner (if applicable you’ve used to manage the process), and more importantly your current employer. 

Appreciation some counter offers accepted do prove a success for those reading this through reconsideration, personal adjustments, economic shifts creating hesitation to leave what’s known, and more… however, the statistic certainly got me thinking..