Here's how you can navigate counter offers in a salary negotiation within Human Resources.
Navigating counter offers during salary negotiations is a critical skill for Human Resources (HR) professionals. When an employee presents a counter offer, it is often a sign they are valuable in the market and wish to stay with your company, provided their compensation reflects their perceived worth. Your response can impact not only your budget but also employee morale and retention. Understanding the dynamics of counter offers and how to handle them effectively is essential for maintaining a positive work environment and ensuring that both the employee and the company feel satisfied with the outcome.