Back to blogs

5 Reasons Why Counter-Offers are a Waste of Time

Posted on November 2019

Pensive looking woman at laptop with glasses in her hand

โ€‹The global procurement and supply chain sector has a busy market where skilled candidates, particularly with those who have experience in new and emerging technologies, are high in demand. If you face a note of resignation in your inbox, it is tempting as an employer to send back a counter-offer to retain your most valuable employees on the payroll.    

The sad reality is that those who wish to leave your company most likely donโ€™t have salary as their only or primary motivating factor. Often there are underlying issues behind the reason why they have handed in their resignation, and these wonโ€™t be solved with the money of a counter-offer. In fact, most employees who accept a counter-offer leave a company anyway within six to twenty-four months of accepting that offer.  

This article covers the reasons why you should rethink your choice to make a counter-offer to a leaving employee, and why counter-offers are ultimately a waste of time and money for your company.

โ€‹

โ€‹

โ€‹

In this article