Accept counter offer?

Visa
pymnt

Go to company page Visa

pymnt
Jan 20 18 Comments

Called my manager to give notice and got a counter offer from my current employer that matches comp (substantial bump). Money was definitely a big factor for me to start looking in the first place. New company/role is exciting but with a much smaller team and seems like a demotion even though pay is better. I have a large team in my existing company and great relationship with my manager. They’ve counter offered a nearly match and I’m having a tough time deciding. Everything I see online says NOT to accept counters, but I’m not so sure. Would really appreciate any words of wisdom from folks who accepted counters … how did it work out for you?

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TOP 18 Comments
  • Amazon
    sobro

    Go to company page Amazon

    sobro
    While not always true, this will put you on their radar. You’ll be the first one to let go if something happens.
    Jan 20 0
  • Microsoft / Eng
    vqVA51

    Go to company page Microsoft Eng

    vqVA51
    Current and counter TC?
    Jan 20 0
  • Thermo Fisher / Finance
    12321h

    Go to company page Thermo Fisher Finance

    12321h
    Depends on what your intentions of leaving the company/job searching was. Overall, going to a new company will give you a varied experience, which could help in the long run. Chances are, you can always go back to the original company if you don’t like the new company.
    Jan 20 1
    • FedEx
      eAQV03

      Go to company page FedEx

      eAQV03
      Varied experience is a good point. It also expands your network.

      You will have new peers and leaders who will go to other companies or teams, and open those opportunities. Also company alumni who you may not even work with can give you an in for an even better job down the road.
      Jan 20
  • FedEx
    eAQV03

    Go to company page FedEx

    eAQV03
    I've done it, received a promotion. I was happy in the role and liked my manager just was underpaid and didn't see an internal promotion opportunity. They created an expanded role for me and I stayed on that team another couple years.

    The reasons to not accept is if there's something about the job/company/team that you're not satisfied with. If you truly like the job, team, manager, and company then no reason not to stay. Just make sure you understand if their expectations of performance are changing with comp increase.

    That said, there could still be reasons to leave. For example if the new company has a better reputation, more advancement opportunities etc.
    Jan 20 1
  • How much more was the counter? If it’s substantially more than what you were being paid , that comes with a new set of expectations and forget getting any raises /promotion any time soon.
    Jan 20 0