A recent poll has suggested that recruiters are finding that candidates are received more counter offers from their employers when going to hand in their notice. Helen Stacey agrees “we are seeing more and more companies realising that by offering a slight pay increase to long standing good employees is more productive than recruiting and bringing in new staff”. She adds “good candidates are hard to find across all industries at the moment and employers have finally realised that”.
A pollconducted by Top Echelon Network showed a majority of recruiters have found that job candidates are receiving more counter-offers from companies as they accept offers from another company. Especially during a period of difficulty in hiring qualified candidates, companies are seeking more and more to secure talent by extending counter-offers to ensure new applicants and current employees choose to stay.
When asked “Are candidates currently receiving more in the way of counter-offers from companies than they were a year ago at this time?” 23 percent of polled recruiters stated that they are receiving “a lot” more. An additional 35 percent said candidates were receiving “a little more.” Combined, 58 percent of recruiters reported to an increase in counter-offers over a year ago. A further 35 percent said their candidates were receiving the same amount of offers. Only a combined 6.7 percent of recruiters reported their candidates receiving a little less or a lot less in regards to counter offers…..