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5 Reasons Why Counter-Offers are a Waste of Time

Posted on: November 2019 By Colin Higgins

An employer’s worst nightmare is getting a surprise resignation from a high-performing ‘Rock Star’ employee who will be tough to replace.   

Research from recruiter Robert Half has found that 58% of senior managers across finance, tech, legal and marketing will extend a counter-offer to leaving employees to keep them from moving to another role and continue adding value to the business.  

While this seems like a simple solution to employee retention, the reality of the counter-offer is that it is likely to lead to further problems with the employee and ultimately prove to be a waste of time and money.  

This article covers the main reasons why you should reconsider offering a counter-offer to an employee who has decided to resign, and what alternatives to the counter-offer are available to help you solve long-term issues rather than finding quick-fix solutions.