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Employers are turning to counteroffers to retain key staff
- sizzzzlerz 3y agoIf compensation is the primary factor in causing an employee to start looking for a new job that they ultimately take, a counteroffer can make them rethink their decision. However, if there are other factors that are distressing them, then a counteroffer may keep them awhile but if the other factors are still there, it won't necessarily keep them longer.
- kjs3 3y agoA bit of advice I got from a long ago mentor that I never regretted taking: never entertain a counter-offer. His reasoning was that 1) if it was important, they would have taken care of you before it got to the point you quit, and 2) they now know you'll leave, and you should probably assume that they'll be eliminating whatever it is that made them desperate enough counter-offer to keep you, and 3) accepting and offer from a company then standing them up isn't good for your reputation, and people do talk.