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CFOs Divided Over Value of Counteroffers

By Staff Report

Oct. 1, 1999

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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