This Working Life: Think carefully before making a counter-offer

It may be tempting to hold on to a key employee who wants to leave, but in the longer term it could be damaging for your business

2nd January, 2022
This Working Life: Think carefully before making a counter-offer
When trust has been broken, no cash incentive can really restore equilibrium to the employer-employee relationship. Picture: Getty

We will be hearing a lot about counter-offers in 2022, as the job market continues to heat up and employers try to keep their best people from accepting new roles elsewhere.

On the face of it, the counter-offer of a higher salary to keep an employee who has been offered another job might seem like the best course of action for employers who do not want to lose a valued member of their team to a...

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