If one of your best employees gets an offer somewhere else, it’s natural to try and convince them to stay.
Many employers offer a higher salary in hopes of keeping their top talent — a recent study by Robert Half reported that 58% of managers have made counteroffers to employees wanting to leave the company.
Besides losing a good worker, many employers don’t want to hurt employee morale or go through the lengthy hiring process to replace the departing employee. Making a counteroffer seems to be the best, if not only, option.
But the study found this solution is only