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Accepting a Counteroffer Can Be the Road to Ruin

August 23, 2004 12:00 PM ET

CareerJournal - As the economy rebounds, companies are focused on retaining their best employees. This may be because they sense that top performers, exhausted from being overworked and underpaid during the recession, have new options.
Counteroffers are one talent-preservation tool companies use to prevent being left in the lurch by an employee who leaves. In making such an offer, your employer might appear to be doing you a big favor. Don't be deceived. You aren't the main beneficiary of an accepted counteroffer.
Read the complete article on CareerJournal.com.


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This article is reprinted by permission from WSJ.com/Careers, Copyright 2009 Dow Jones & Co. Inc. All rights reserved.
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