Document Type
Article
Publication Date
Fall 2017
Publication Title
WorldatWork Journal
Volume
26
Issue
3
Pages
6-18
Abstract
Developing a counteroffer strategy and a related set of administrative guidelines is a timely and essential topic for several reasons. First, a confluence of economic, technological and social forces is reshaping work and employment relationships in a very tight labor market. Unemployment rates have dropped to less than 4.5%, a level that has not been seen since the 2008–2009 recession. Unemployment rates are even lower for science, technology, engineering and math (STEM) jobs and leadership positions, making it even more difficult to attract and retain employees in these jobs.
Recommended Citation
Scott, Dow and McMullen, Thomas D.. Current Thinking on Counteroffers: A Survey of Rewards and HR Professionals. WorldatWork Journal, 26, 3: 6-18, 2017. Retrieved from Loyola eCommons, School of Business: Faculty Publications and Other Works,
Creative Commons License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 License.
Copyright Statement
© WorldatWork 2017
Comments
Author Posting. © WorldatWork 2017. This articles is posted here by permission of WorldatWork for personal use, not for redistribution. The article was published in the WorldatWork Journal, vol. 26, no. 3, 2017, https://www.worldatwork.org/resources/