The Downsides of Making a Counteroffer to Retain an Employee

During the Great Resignation, many have said “I quit” and moved on from their organisations. As the talent pool shrinks, leaders are prepared to do just about anything to keep good employees from walking out that door. The counteroffer is one retention tool at leaders’ disposal. In fear of losing an employee, a leader may counter with a promotion, a merit increase, a one-time bonus, equity grants, or an opportunity to move to another team. But leaders, beware the perceived power of the counteroffer. Based on her experience leading teams, the author presents a number of downstream consequences you likely haven’t considered if the employee accepts. Here’s why making a counteroffer to an employee who has resigned can do more harm than good.

To read the complete article please click:

https://hbr.org/2022/05/the-downsides-of-making-a-counteroffer-to-retain-an-employee

LEARN MORE
News

Clark Salary Guide 2025

Clark is pleased to present our Annual Salary Guide for 2025, a comprehensive resource developed through extensive research and analysis. This guide is based on data collected from over 6000 jobseekers and 600 job openings between April and November 2024, reflecting the latest market trends and predictions. Stephen Farrell-O’Callaghan, Director of Clark, notes: “As we […]

LEARN MORE
News

Frequently Asked Questions – Employers!

At Clark, we partner with organisations of every size to provide tailored recruitment solutions. Whether you need one specialist hire or a full-scale recruitment project, our team combines market expertise, advanced technology, and a people-first approach to deliver results. Below are some of the most common questions we receive from employers. Recruitment Services What types […]

LEARN MORE
News

Frequently Asked Questions – Job Seekers!

We know looking for your next opportunity can sometimes feel overwhelming. At Clark, we aim to make the process as smooth and transparent as possible. Below you’ll find answers to the most common questions our candidates ask. If your question isn’t covered here, please don’t hesitate to call our recruitment team on 045 881888 – […]

LEARN MORE
News

Mastering Competency-Based Interviews: Clark Recruitment Releases Free Candidate Guide

At Clark Recruitment, we understand that interviews can be daunting—especially when they take the form of structured competency-based interviews. That’s why we’ve developed a comprehensive Competency-Based Questions Information Guide designed to support candidates in showcasing their skills and securing their dream roles. Competency-based interviews, also known as behavioural or situational interviews, focus on how a […]