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HR COUNTEROFFER
‘My new company made a decision in 6 days’: Employee rejects HR’s counteroffer, says manager took credit for her work over several monthsAn exit interview revealed an employee's frustration over unaddressed concerns like low pay and lack of promotion, which had been raised fo...- HR said 'we cannot lose you' and gave him counter-hike of 90%. Employee stays back and 4 months later, he is without any jobAn employee rescinded their resignation after receiving a significant counteroffer, only to be terminated four months later due to company ...
- Employee rejects a 70% hike for 100% counteroffer. Four months later, he got laid off. Career coach warns, 'never accept counteroffer, even with...'Companies sometimes try to prevent employees from quitting by offering them more money. However, career coach Simon Ingari cautions this mi...
- Employee worked for three years without promotion, has the last laugh after resigning: ‘They lost more money by denying…’A dedicated lube technician, promised growth but receiving none for three years, resigned after a modest pay request was denied. His depart...
- In a cooling job market, AI pros still hold the cardsAI professionals are getting not just multiple offers but also counter-offers from existing employers and big incentives. New job offers an...
- She got fired. But in 4 months came back to same company with higher salary, 4-day work week and paid vacation benefitsA global firm laid off an experienced buyer just before her retirement to cut costs. Months later, both her replacements resigned. The comp...
- From manager's daily taunts to a counteroffer from HR: Employee reveals how his well-timed resignation changed everythingAn Indian employee, constantly demeaned by his manager with threats of being easily replaced, turned the tables by resigning. His quiet act...
- TCS lateral hires left in limbo as onboarding delays follow mass layoff announcementTCS is facing backlash as onboarding delays leave around 650 lateral hires in uncertainty, prompting many to reconsider their resignations....
- Exit interviews help HR check discrepancies at workIt's not just about being fair. HR heads across organisations are actively addressing various managerial biases such as favouritism, region...
- India Inc's attrition woes deepen as job offers swellUnlike previous years where candidates were offered 20-30% pay hike offers, letter of offers now include a 100% jump and with additional eq...
- Hiring may slow down soon as Russia crisis, rising rates biteLeading recruitment firms and HR experts said the second half of the calendar year may see a 10-20% slowing down from current levels across...
- Startup investors push founders to focus on stronger unit economics amid funding slowdownIn the last 2-3 weeks, many startups have deferred hiring mandates to the next quarter, as they head into a funding winter and want to go s...
- Firms offering hefty counteroffers to retain staff, but it's not turning out to be a win-winCounteroffers are not turning out to be the win-win that they were perceived to be. Companies are discovering that employees may leave the ...
- No-shows by candidates up even in tough job marketNo-shows are no longer restricted to the boom times.
- Counter offer could be at your peril: SurveyA majority of respondents also said that after accepting a counteroffer, employees don’t stick around in the organisation for long.
- Companies get set to arrest attrition with counter-offersThere are multiple factors fuelling the trend. One is to do with the millennials who are passionate about their jobs but look for upward mo...
- Recruiters report rising trend of CXOs, top-level managers pulling out of job offers in last lapHunt Partners has already seen more than 6-7 such instances in the first few months of 2015, compared with just one-off cases earlier.
- With talent at a premium, companies roll out counteroffersEmployees are once again being serenaded by their organizations with sentiments improving in the job market.
- Planning a job change? Tips to negotiate salaryFirstly, it is essential to understand that making the salary pitch too early or asking for too many changes in the counteroffer are some o...
- IT companies move to 3-month notice to counter attritionA three-month notice period also makes the employee 'buy-out' option tougher for poachers and rival companies.
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