Companies are increasingly making counteroffers to staff who have been offered new jobs — often because they can't be bothered to find replacements — UK survey finds

Tue, 08/15/2023 - 07:08

A businessman is seen from the rear, beneath the architecture Swiss Re building — Around 40% of employers are offering a higher salary to employees with counteroffers.
Richard Baker/Getty Images

Around 40% of UK employers have given counteroffers to staff looking to job hop in the past year, a survey found.
Employers are hoping to retain staff for their knowledge, and skills, and to avoid replacing them.
Some workers are using counteroffers to win a pay rise and better benefits from their company.

Workers looking to job hop may be in luck because companies are keen to retain talent and are even offering higher salaries just to keep them there, a survey found.