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.
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Marcianne Kuethen is a Senior Writer at Amtec, where she has written over 700 blog posts in the past 18 years. Her family has led the company across three generations, from her father who founded Amtec in 1959 to her son Barrett who serves as President and CEO today. Outside of writing, she makes art, music, and gardens.
Confusing the terms freelance vs. contract can cost workers opportunities & cost employers in misclassification penalties.
U.S. construction wage data compiled from BLS OEWS, with median pay by trade, geographic variation, and 2026 wage growth trends.
U.S. manufacturing wage data compiled from BLS OEWS, with median pay by occupation, geographic variation, and 2026 trends.