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.