What happens to people after they resign and then accept their current employer's counteroffer and stay in their company?
Needless to say, it varies quite a bit but the ultimate conclusion might surprise you.
We extracted the data from our system for the last two years (Jan 2015- Dec 2016) and considered the two most typical counteroffers.
1. Staying in your same job but with promises of an improved situation and
2. Taking on a new role with the company.
Accepted counteroffer and stayed at current company
The graph above clearly demonstrates dissatisfaction sets in within the first 12 months whether the person has been offered a new role or stays in the same role. Unsurprisingly, it's clear that staying in the same role after accepting a counter offer results in more people leaving and quicker than a getting a new role, however, both scenarios result in a dramatic leaving culture.
We also asked about the reasons for resigning a second time to understand what had gone wrong. This is much more enlightening than just knowing the fact that people don't last too long in their old companies after accepting a counter offer.
Reasons for resigning a second time
The fact that almost everyone that accepts a counteroffer from their current employer leaves within 2 years isn't news but it is surprising to see that whether the person keeps doing their old job or takes a new job at the company makes a difference. Quite frankly, it really doesn't.
The reasons for the resigning a second time are clear and what we expected because nothing has really changed apart from a pay rise (and maybe a new role) but ultimately, they are working for the same people, doing the same work and all with the same issues.
Something makes people consider a new job seriously enough to resign from their current job. They should clearly consider that when they are considering a counteroffer they might be given.
Percentage of people left in the company, 2 years after a counter offer.
94.5% have left and only 5.5% remain.