Dec 17, 2024 — 4 min read

Think twice about accepting a counter-offer in your legal job

Words: Sam Lindsay

Why You Should Think Twice Before Accepting a Counteroffer at Your Job

Receiving a counteroffer from your current employer after you’ve decided to resign can feel validating. After all, it’s a clear signal that your company values your contributions and wants to keep you on board. However, while the promise of more money, better benefits, or a new role may be tempting, accepting a counteroffer often comes with hidden risks and potential downsides. Here’s why taking a counteroffer may not be the best decision for your career in the long run.

The Root Causes of Your Discontent Likely Remain

Counteroffers often focus on short-term fixes, such as salary increases or immediate perks, but they rarely address the deeper issues that led you to consider leaving in the first place. Whether it’s a toxic workplace culture, a lack of growth opportunities, or misaligned values, these problems are unlikely to vanish just because you’ve chosen to stay. Accepting a counteroffer might temporarily mask your dissatisfaction but won’t resolve the underlying reasons for your initial job search.

Loyalty May Come into Question

Even if your employer makes an effort to retain you, your decision to explore other opportunities may cause them to question your loyalty moving forward. You could find yourself overlooked for promotions, high-profile projects, or long-term growth opportunities because management now sees you as a “flight risk.” Trust, once broken, is difficult to rebuild in the professional world.

The Offer May Be Reactionary, Not Genuine

A counteroffer often stems from convenience rather than a genuine desire to invest in your future. Employers know that hiring and training replacements can be time-consuming and expensive, so it’s often easier to keep you around in the short term. However, their newfound appreciation for your value might fade once the immediate crisis of your resignation has passed, leaving you in the same position as before—or worse.

Your Career Progression Could Stall

If you stay, you might face subtle career stagnation. Companies sometimes view employees who accept counteroffers as “bought back” rather than as high-performing individuals driven by ambition. As a result, you might find yourself trapped in the same role with fewer opportunities for advancement, while your peers who have chosen to explore other opportunities continue to move forward in their careers.

The Workplace Dynamic Could Shift

Your decision to resign and then stay might create tension with colleagues or your manager. They may perceive you as being motivated solely by money or view your loyalty as conditional. Additionally, if your counteroffer includes perks that aren’t extended to others, it could lead to resentment within your team and an uncomfortable work environment.

Statistics Are Against You

Research shows that a large percentage of employees who accept counteroffers leave their jobs within six to twelve months anyway. The initial excitement of a higher salary or better perks wears off quickly if the core issues remain unresolved. In fact, many employees find themselves back on the job market after realizing the counteroffer was just a temporary solution.

The Risk of Future Job Loss Increases

By resigning, you’ve already shown your employer that you’re open to leaving. If layoffs occur or organizational restructuring happens in the future, you might be at higher risk of being let go. Employers often prioritize keeping individuals who have consistently demonstrated long-term commitment over those who have previously considered leaving.

Your Reputation Could Be Affected

If you accept a counteroffer after having already committed to another employer, you could burn bridges with the company you were planning to join. The professional world is smaller than it seems, and damaging your reputation with a potential future employer could have long-lasting consequences.

It May Be Too Little, Too Late

One of the biggest questions to ask yourself is why it took your resignation to get the recognition or compensation you deserve. If your employer truly valued you, shouldn’t they have addressed these concerns proactively? Accepting a counteroffer might feel like a win in the moment, but it highlights a reactive approach by your employer rather than a forward-thinking one.

Conclusion

While counteroffers may seem like an enticing opportunity to negotiate a better deal, they often come with hidden pitfalls that can undermine your long-term career goals. Before accepting a counteroffer, take a step back and evaluate whether it truly aligns with your values, priorities, and professional aspirations. In many cases, moving forward with your initial decision to leave is the better choice, allowing you to start fresh in an environment that fully supports your growth.

Remember, your career is a journey, and every decision you make shapes its trajectory. Don’t let the lure of a counteroffer derail you from reaching your full potential.