In this episode, I sit with several leaders during a Leaders Jam Session monthly call. Our discussion focused on employees who tender their resignation because they’ve received an offer for another job that pays more. How would you handle this situation?
Very rarely does someone leave a job strictly based on money. Ask good questions to understand motivations
Keep in mind, while this is about them, it may also be about you, so take time to reflect when appropriate
Consider how this event will impact the rest of your team
Approximately 50% of employees who accept a counteroffer leave their job within 12 months