60 second read | Chime in on LinkedIn and take the poll here
Last week I ran a Recruiting Myth Busters poll on the Big Counter Offer Myth (here).
If you’re unfamiliar, recruiter lore says accepting a counter (from your current employer, to stay after resigning) is always bad. And 90% of people who do will leave anyway within 6 months.
It’s a garbage stat. And easy to debunk. The poll results:
“Have you taken a counter offer to stay at your company (after resigning)? If so, how much longer did you stay?”
6332 responded
17.9% (1135) took a counter offer at some point
82.1% (5197) never took a counter offer
Now the meat of it. Of those who responded YES:
30% (341) left within 6 months
30.8% (349) left in 6-24 months
39.2% (445) I stayed 2+ years
30% < 90%. End of discussion, right?
Nope. Some STILL insist that accepting a counter is always bad. Why?
1. Some had anecdotal “lack of trust” or “things will never get better” scenarios.
2. Some believe that 60% leaving within 24 months still means you made a mistake. (Side note: the average tenure of an employee is 4.6 years so that’s a 12-44% increase…)
If only there was a way to settle this by asking those who actually took counters if it was a good or bad decision OH WAIT THERE IS. Take the 2nd poll here.
You can follow me on LinkedIn here. Join the discussion on this LinkedIn post (or give it a 👍) here.