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CFOs Divided Over Value of Counteroffers

October 1, 1999
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Related Topics: Retention, Featured Article
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Robert Half International, of Menlo Park, CA, surveyed 1,400 chief financial officers (CFOs) last December and found that 56% would likely use counteroffers to persuade good employees to stay, while 42% would not.

CFOs were asked: "How likely is it that you would make a counteroffer if a good employee announced that he or she was considering a job offer from another firm?" Their responses:

Very likely

18%

Somewhat likely

38%

Somewhat unlikely

21%

Very unlikely

21%

Don’t know/no answer

   2%

 

100%

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