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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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.
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.