The Economic Times

Employee rejects 70% hike for 100% counteroffer. 4 months later, he was laid off. Career coach warns, 'never accept counteroffer, even with...'

Companies sometimes offer higher salaries to keep employees from leaving. Career coach Simon Ingari warns this can be a temporary fix. He shared a story where an employee accepted a large counteroffer but was later laid off. Ingari advises that such offers may not guarantee long-term job security or true appreciation.