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Why Counter-Offers are a Waste of Time and Money

Posted on November 2019

Woman pondering at her desk

​It is important to retain high-quality, productive and innovative employees within the UK technology sector. However, talented employees also know the worth of your skills, and you may be faced with your most talented employee handing in their resignation for a more lucrative role.

If you get that dreaded knock on your door, it is likely your first thought is to make a counter-offer to your valuable employee. However, as much as a motivation money can be, you may be throwing money at a wider problem. When making a counter-offer, you are at risk of ending in the same situation months down the line as the employee’s career remains stagnant and underlying issues are not addressed.

This article covers the leading reasons why you should reconsider before making a counter-offer to a leaving employee.

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