Salary counteroffers

Over 85% of employees who accept a counteroffer from their current employer (as opposed to going to a new employer) leave their current employer within a year.

Employers provide counteroffers to keep employees around temporarily until they can prepare to replace them when they ultimately do leave.

If you must accept a counteroffer, ensure that the counteroffer is in writing. After an employee verbally accepts a counteroffer, they lose their negotiating power. This is because after accepting, the employee's only remaining option is to leave. To mitigate this risk, the employee will need to make the conditions of the counteroffer as public as possible (tell friends, co-workers, managers) so it would be embarrassing for the employer to reneg on them.