Counter-offer. Should I Stay or Should I Go?
Think twice before you accept a counter-offer.
Your current employer has reluctantly offered you more money (counter-offer) to get you to stay. So the question is: Why are you more valuable after you give notice? Shouldn’t you be valued and paid for what you are worth without threatening to resign? Beware; things won’t change. The same frustrations that led you to look for a new job opportunity will remain. It is unlikely that the pay increase will make those things acceptable.
For those job candidates only looking for a new opportunity to increase your salary…I ask you this. Are you going to have to go through the job search every time you want a raise? Keep in mind, old habits die hard. If your company isn’t taking care of you today, it is unlikely, they will change.
A Good Rule of Thumb: accepting a counter-offer is a bad idea.