A Rise in Counter-Offers?

hot air balloons rising

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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