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Those earning £30,000+ may well be offered more money to stay...
The more valuable someone is to an existing employer the more likely it is that they will counter your offer with their own offer – they’ll present a ‘Counter Offer’.
If you decide to offer a lower salary than the salary we agreed with the candidate prior to you conducting your 1st and 2nd stage interviews – you’re running the risk of a counter offer being accepted.
The fact is it costs more money to replace someone than it does to give a poorly timed pay increase.
If the person you have offered is the only person on their existing team with a particular skill or certain experience you can be sure their employer will do every thing possible to keep them.
An increase in pay is part of the incentive to look for a new job. If a Counter Offer comes close to matching a salary you’ve offered, you might find it will be accepted.
No one moves job for a small pay increase – most can realistically expect an increase in basic salary of 10-15%.
Avoid the possibility of a Counter Offer being accepted and reward someone with the salary that they deserve.
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