Senior managers across a variety of professional fields were asked, "Do you ever extend counteroffers to employees to keep them from leaving for another job?"
48% said YES
Senior managers were also asked, "How long do employees who accept counteroffers typically remain with your company?"
The average response was:
less than 2 years
Those who extended counteroffers were asked why they'd want to retain an employee who is choosing to leave.
|Don't want to lose institutional knowledge of employee:||56%|
|Don't want to spend time or money hiring a replacement:||44%|
|Don't want rest of team to absorb extra workload:||36%|
|Don't want morale of team to suffer:||30%|
*Multiple responses were permitted.
Source: Robert Half survey of more than 1,200 hiring decision makers in Canada across a variety of professional fields, including finance and accounting, technology, legal, advertising and marketing, and human resources.
© 2018 Robert Half International Inc.