Recruitment
Should You Ever Accept a Counteroffer?
It happens. An employee hands in their notice, and an hour later, they are in a room with their manager and talking about a salary they had been told a month before was impossible.
Suddenly, they are important and indispensable. They are vital for the future success of the company, and management has found the budget.
To the employee, it feels great. It’s validation for all their hard work. It feels like a win. Or is it?
So, what is a counteroffer? Why do they get made, and what both sides usually get wrong about them?