By the time employees think about taking a job elsewhere, it's often already too late. A counter-offer only retains the talent temporarily and more often than not, there's some fundamental dissatisfaction with the job.
One begs the question, what should employers do to retain talent?
The author left us with "Have clear and consistent salary guidelines, and regularly give raises to people who are outperforming their pay level." This takes the approach that prevention is key.
In my last job, I thought about quitting months before actually giving the notice. My employer counter-offered with 10% above what the other guy was offering. This temporarily retained me. However, for months after, I wasn't performing at my peak and eventually sought employment elsewhere.
"By the time employees think about taking a job elsewhere, it's often already too late."
Is that really true? Well, not for me. Every time I changed jobs, it was because of the money. The only time I worked in a bad environment, my boss was let go before I quit.
All those times, if I could receive a bigger salary without changing jobs, I'd probably stay there.
Comments
By the time employees think about taking a job elsewhere, it's often already too late. A counter-offer only retains the talent temporarily and more often than not, there's some fundamental dissatisfaction with the job.
One begs the question, what should employers do to retain talent?
The author left us with "Have clear and consistent salary guidelines, and regularly give raises to people who are outperforming their pay level." This takes the approach that prevention is key.
In my last job, I thought about quitting months before actually giving the notice. My employer counter-offered with 10% above what the other guy was offering. This temporarily retained me. However, for months after, I wasn't performing at my peak and eventually sought employment elsewhere.
"By the time employees think about taking a job elsewhere, it's often already too late."
Is that really true? Well, not for me. Every time I changed jobs, it was because of the money. The only time I worked in a bad environment, my boss was let go before I quit.
All those times, if I could receive a bigger salary without changing jobs, I'd probably stay there.