19 Sep On Target business advice: what to do when a key employee resigns

“When a key member of the team decides to resign, your immediate reaction might be to counter offer and retain them at all costs. But is that the best move?”

This question is posed by On Target in the “employer resources” section of its website following a report by the Chartered Institute of Personnel and Development which showed that almost 40% of employers counteroffer when a key employee resigns.

On Target said: “Before you rush to counteroffer, it’s essential to think strategically. Counter offering might seem like the easy fix, but it can have long-term implications on team dynamics, your company’s culture, and even the individual’s commitment to your business.”

Read the blog to discover the best approach to an employee’s resignation.