Before you match the offer, match the motivation.
- Scott Hoffhines
- Feb 4
- 1 min read
It is the moment every founder worries about.
Your key player puts in their notice: "I’ve been offered a role at a competitor for 20% more."
The instinct is to panic. You immediately think: "I have to match it. I can't afford to lose them right now."
Here is the paradox: If you convince them to stay solely by matching the money, you haven't really kept them.
You’ve just delayed them for another six months.
Why? Because rarely does someone leave a job they love just for money. They leave because they feel blocked, unheard, or burnt out. The money is just the catalyst.
A counter-offer that only addresses the salary is a band-aid on a broken bone. If you don't fix the underlying "Why," they will be back in your office with another offer letter by October.
So, before you open the checkbook, pause the panic.
Sit down with them and ask these two questions first:
The Motivation Test: "If I took money off the table—if we matched their offer today—would you still be excited to stay? Or just relieved?"
The Gap Test: "What is that company offering you that you feel you can't get here?" (Is it a title? A new skill? Mentorship?)
Sometimes, you can fix the root cause. Maybe they just need a clearer path to promotion or a change in scope.
And if you can't? You can say goodbye gracefully, knowing you didn't overpay for a short-term fix.
Lead with curiosity, not just cash.
Comments