What should you do if you receive a counter-offer?
You've just received a great offer from a company you've interviewed with.
Your current employer makes you a counter-offer.
What should your next move be?
STOP AND THINK.
If the only reason you were interviewing in the first place was to use it as leverage to negotiate a better deal with your current employer, then it's mission accomplished.
However, a lot of the time the counter-offer will come as a surprise, so you need to consider your options thoroughly.
Ask yourself WHY you wanted to leave in the first place.
Extra money is simply a tactic to try and convince you to stay.
It doesn't solve the lack of career growth.
It doesn't solve boring projects.
It doesn't solve poor management.
It doesn't solve inflexible working arrangements.
It's like putting paper over the cracks.
Accepting a counter-offer also poses risks.
The relationship with your employer has been damaged – the level of trust and loyalty may not be the same, which could affect future promotions.
Future expected salary increases may not materialise as they've raised your salary already.
Make sure you're not blinded by the money and weigh up all of the pros and cons before making your decision.
I hope this advice can help you make the right decision.