Offer Strategies to avoid losing candidates to counter Offers
You are actively hiring and have shortlisted a candidate, offer letter is rolled out & your candidate has accepted the offer!! Excited! Hold on!
A different scenario may occur – A few days later or just prior to date of joining your organization, the candidate calls and informs their current company has given a counteroffer which they could not refuse and inform they would not be joining your company and rejects the offer!
Welcome to the world of recruitment, counteroffer is not new but is a part & parcel of recruitment but can be avoided/ minimized.
Here are a few things you must consider when dealing with Counteroffers:
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https://www.multirecruit.com/blogs/offer-strategies-how-to-avoid-losing-candidates-to-counter-offers/
This Blog is part of a series which aims to answer commonly faced challenges in recruitment.
Please click on the links to know more about essential tips on hiring sucessfully:
- Employer Branding: The How & Why?
- Competitive CTC: An effective recruitment strategy to gain competitive advantage
- How to Interview Candidates Effectively
- Interview Feedback – why is it so important?
- How to optimise the Task Round during Interviews
- Reducing TAT & Increasing Hiring Efficiency
- POFU (Post offer Follow Up) Initiatives to help improve joining conversions
- Offer Strategies – How to avoid losing candidates to counteroffers
- Virtual Onboarding the new norm!
For Recruitment Consultation or Jobs Please Visit: https://www.multirecruit.com/
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