Companies take staff counter-offer route

Companies take staff counter-offer route

Robert Half survey suggests counter-offers more prevalent - but concerns remain about the strategy

MORE COMPANIES are providing counter-offers to staff looking to leave, according to Robert Half research.

Nearly a quarter of HR executives saw an increase in counter-offers made in the past six months. Three-quarters expressed concern about losing top performers in the ensuing months.

Phil Sheridan, managing director, Robert Half UK said: “Some organisations have been challenged in remaining competitive amidst static remuneration increases and as such, run the risk of losing top talent to other organisations.

In order to keep their best employees, companies need to ensure that they are paying competitively with an appropriate salary and bonus structure.”

More than half of the 200 respondents said it was uncommon for counter-offers to be accepted. Those that decide against making a counter-offer cited longer term concerns about the employee’s happiness, with a fifth saying the employee would leave in any case.

Share

Subscribe to get your daily business insights

Resources & Whitepapers

Why Professional Services Firms Should Ditch Folders and Embrace Metadata
Professional Services

Why Professional Services Firms Should Ditch Folders and Embrace Metadata

3y

Why Professional Services Firms Should Ditch Folde...

In the past decade, the professional services industry has transformed significantly. Digital disruptions, increased competition, and changing market ...

View resource
2 Vital keys to Remaining Competitive for Professional Services Firms

2 Vital keys to Remaining Competitive for Professional Services Firms

3y

2 Vital keys to Remaining Competitive for Professi...

In recent months, professional services firms are facing more pressure than ever to deliver value to clients. Often, clients look at the firms own inf...

View resource
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
Digital Links: A guide to MTD in 2021
Making Tax Digital

Digital Links: A guide to MTD in 2021

3y

Digital Links: A guide to MTD in 2021

The first phase of Making Tax Digital (MTD) saw the requirement for the digital submission of the VAT Return using compliant software. That’s now behi...

View resource