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Candidate Opinions on the Counteroffer

A 50/50 Split

(Westport, MA) – LifeWork Search recently surveyed 100 individuals to determine their opinion on counteroffers.  The search firm is a perennial President Club winner within MRINetwork®, the world’s largest search and recruitment organization, specializing in Supply Chain Planning and Procurement.

Results of the poll show an even split in opinion.  Of the 100 people surveyed, 19% have accepted a counteroffer that worked out well.  Thirty-one percent have not accepted a counter offer, but would consider one.  On the flip side, 8% of folks have accepted a counteroffer that ended up badly, while 42% have not and will never accept a counter offer. 

“A hot topic in 2012, the counteroffer can be a detriment to all parties involved”, stated Jason Breault, Managing Director of LifeWork Search.  Over the past six months LifeWork Search along with many organizations, recruiting and non-recruiting, have confronted this issue on numerous occasions.  “It’s a risk when you’re recruiting top talent.  In most cases, these are the most influential people in an organization.  Losing an employee of such high caliber can dent company financials and team morale, especially coming off of a recession”, stated Breault.

“However, counteroffers are often drafted up spur of the moment, and while the candidate and their employer may feel a sense of victory once they’ve accepted, as time subsides, they find their relationship with your employer has changed.  The fact that they wanted to leave is now public information.  More importantly, a new title and/or salary increase won’t fix the underlining issues that first led the candidate to resign from their employer”. 

Although 19% of those surveyed stated their accepted counter offers worked out well, studies show that on average, four out of five employees who accept counteroffers end up leaving their organization within twelve months, some unwillingly. LifeWork Search’s recommendation – “stay clear of counteroffers, that great opportunity may not be there in a year’s time”. 

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