A lot of advice has gone around about counter-offers in past years. Some experts feel that once an employee has taken another company’s offer, the relationship with the current employer may be too damaged to make their acceptance of the counter-offer a lasting solution. However, with the increasing shortage of knowledge workers, this may have become less of a concern.
In the past year, according to a recent poll, most recruiters who were surveyed agreed that there has been a rise in counter-offers being made to either retain current employees or attract new ones.
A phenomenon especially prevalent within industries already facing the crisis of scarce available talent, many companies refuse to rest on their laurels as their best employees and candidates are wooed away to other companies.
Because the counter-offer is sometimes the only weapon a company has, this trend is predicted to continue well into 2013. Read the full article here.
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The U.S. Department of Labor has unveiled a new overtime rule that will raise the salary threshold for overtime exemption in two phases.
From aircraft design to maintenance and air traffic management, AI is revolutionizing the way the aerospace industry functions.
In the dynamic landscape of manufacturing, the year 2024 marks a significant leap forward, driven by advancements in Artificial Intelligence (AI) and automation.