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It’s flattering to be pursued by another employer, and even more flattering when your current boss rushes to match or beat the offer. But is it really a win?

Counteroffers have long been a tactic used by employers to keep valuable employees tempted by new opportunities. When jobs are plentiful and skilled candidates are in high demand, companies often turn to counteroffers as a quick way to retain talent.

But while the idea of staying for more money sounds appealing, it is rarely that simple.

Picture this: you have a solid job and decent pay, but your career feels stalled. Then, out of the blue, a recruiter calls with an enticing offer—higher salary, fresh challenges and maybe even better perks. Intrigued, you meet with them, and the offer feels too good to ignore.

Energized by the possibilities, you take the offer to your current boss. Not wanting to lose you, they rush to match or even exceed the deal. They might even add a bonus or other incentives to sweeten the pot.

At first glance, accepting seems like an easy decision. You get a raise without the hassle of changing jobs.

But here is the hard truth: accepting a counteroffer often triggers a chain of events that can damage your career in ways you do not see coming.

Think twice before accepting a counteroffer and consider these six downsides:

1. Once you have signalled your intention to leave, some employers quietly start looking for your replacement on their timeline, not yours.
2. In the rush to keep you, promises can be made hastily and later renegotiated, delayed or quietly forgotten.
3. If salary was your only motivator, you risk being viewed as transactional. This perception can follow you long after the conversation ends.
4. When promotion or raise time comes around, your name might be lower on the list. Employers often reward those who show loyalty and consistency.
5. During downturns or restructuring, employees with questionable loyalty are often the first to go.
6. Even if you stay and perform well, your employer may always wonder if you have one foot out the door.

There are exceptions. If the counteroffer goes beyond money and genuinely addresses your concerns—career growth, management issues, flexibility or meaningful work—it can lead to a healthier, more productive relationship. Sometimes, employers are unaware of their employees’ frustrations until a departure is imminent. A thoughtful counteroffer, coupled with a sincere commitment to change, can be the start of a renewed and stronger working relationship.

Before accepting a counteroffer, take a moment to step back and reflect. Ask yourself: what truly motivated me to explore new opportunities? If it is just about the paycheque, beware. If it is about deeper issues, make sure your employer is addressing them fully, not simply buying time with a raise.

Counteroffers may provide a short-term win, but they rarely solve the underlying problems. Make choices that serve your long-term career goals, not just your immediate bank balance. Your future deserves more than a quick fix.

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