Why Counteroffers Aren’t Always the Answer, and What You Can Do to Make Them Worthwhile
Counteroffers are often used as a quick way of incentivising employees to stay in their current organisation, rather than accepting a new job offer elsewhere. Whilst they may motivate employees to stay in their current role in the short-term, more often than not they fail to address the real reasons why the employee was looking for a new role in the first place.