Counter offers

[Boozy]

Discussing at work counter offers when you've been offered a new job that includes a significant raise, general consenses is that accepting a counter offer and staying is a bad idea, what say you PH masses?

[Vaud]

I used to say "never accept a counter offer"

And then I did accept one and I saw a vast improvement in my salary and career. The local MD who approved the counter offer took me out for drinks and was open enough to say that it was their oversight, offered more money, promotion and a choice of a few roles.

I would class mine as the exception to the rule against other people experiences.

Depends how you negotiate at the end of the day.

Edited by Vaud on Sunday 23 April 14:24

[spikeyhead]

If the counter offer is more money then turn it down. If it's a new position with more responsibility coupled with more money then it's worth consideration.

[The jiffle king]

Think about why they are offering you a counter offer? If it is because they see you having a long term critical role in their organization, then it might be worth thinking about. If it's because your role is critical and difficult to recruit for, it's a cost saving exercise by giving you more money (saves recruitment fees) and they want you in that role for a while.
Rarely unless you are very senior is it the former