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Counteroffers and Job Satisfaction: Insights from Hudson RPO’s Latest Survey

Tampa, Fla., July 11, 2024 – A new Hudson RPO survey reveals that many professionals are skeptical about how effective counteroffers are in convincing them to stay in their current role.

When asked if they would stay at their current job if offered a counteroffer, a staggering 73% of respondents said no.

The survey explored the effectiveness of counteroffers in detail. While 57% of respondents had received a counteroffer when they announced their intention to leave, only 27% found it sufficient to stay. Most professionals indicated that a 30% increase in salary would be the minimum acceptable counteroffer to consider staying, with 32% stating that no counteroffer would make them stay.

“Counteroffers are often seen as a quick fix to employee turnover, but our survey shows that they rarely address the underlying issues,” said Hudson RPO CEO Jake Zabkowicz. “Organizations need to focus on creating a supportive and engaging work environment rather than solely relying on monetary incentives to retain talent.”

The survey highlighted several key insights into job satisfaction and the reasons professionals choose to leave or stay at their jobs. The top reasons professionals leave their jobs include having a bad boss (35%), salary and benefits (32%), and needing more of a challenge (17%). Conversely, the primary reasons for staying with their current employer are great co-workers and management (32%), an increase in salary and benefits (25%), and engaging, rewarding work (21%).

When asked about their preferred working environment, a significant majority (84%) favored a hybrid model with some level of remote work, while only 3% preferred working onsite five days a week.

The survey also found that nearly half (46%) of professionals have left their job without having another lined up, indicating a strong willingness to take risks for better opportunities.

About the Survey: The global survey of nearly 350 professionals took place in late June 2024.

Survey results

Has an employer ever given you a counteroffer when you told them you were leaving for another job?

  • Yes: 57%
  • No: 43%

If you did receive a counteroffer from an employer, did it incentivize you to stay?

  • Yes: 27%
  • No: 73%

What is the minimum salary percentage of a counteroffer that would cause you to stay at your current employer, even if you were less than happy with your job?

  • 10%: 8%
  • 30%: 44%
  • 50%: 16%
  • No counteroffer would make me stay: 32%

Are you looking for a new job?

  • Yes: 49%
  • No: 32%

Have you ever left your job without another one lined up?

  • Yes: 46%
  • No: 54%

What is your preferred remote vs. office environment?

  • 100% remote: 13%
  • Onsite 1 day per week: 6%
  • Onsite 2 days per week: 27%
  • Onsite 3 days per week: 43%
  • Onsite 4 days per week: 8%
  • Onsite 5 days per week: 3%

Have you changed employers since 2021?

  • Yes: 51%
  • No: 49%

Has your boss ever talked you out of leaving for another job by promising a better work environment?

  • Yes: 44%
  • No: 56%

What’s the biggest reason to leave one employer for another?

  • Salary/benefits: 32%
  • Bad boss: 35%
  • Too much stress: 14%
  • I’m bored, need more of a challenge: 17%
  • Can’t work remotely: 2%

What’s the biggest reason to stay with your current employer instead of taking a new job?

  • Challenging, rewarding work: 21%
  • Increase in salary/benefits: 25%
  • Great coworkers, management: 32%
  • Company culture: 11%
  • Can work remotely: 11%

About Hudson RPO

Hudson RPO is a leading global provider of flexible and scalable recruitment solutions. We service all levels of client organizations, from entry-level to the C-suite, focusing on mid-market and enterprise-level organizations worldwide. Taking a consultative and collaborative approach, we partner with talent acquisition, HR, and procurement leaders to build diverse, high-impact teams and drive business success. Learn more at hudsonrpo.com.

Media Contact

Tracy Kurschner
[email protected]
612.309.3957

How to write an inclusive job description

How to write an inclusive job description

Content Team

An inclusive workplace fosters a sense of belonging, encourages authenticity and open communication, and supports the career growth of all employees, regardless of race, gender, sexual orientation, religion, age, education, or background. This is a tall order, but many companies are working hard to improve inclusivity through shifts in company culture, leadership development, and employee education.

All too often, however, these efforts bypass the job description and seriously undermine inclusion as a result. Job descriptions are the initial touchpoint for a large segment of your prospective talent and where candidates get a ‘gut feeling’ about whether they’ll feel valued and welcome to be themselves at work. It’s increasingly clear that this matters, and not just to minority groups. A 2023 Deloitte survey found that inclusion is very important to employees when choosing where to work. Nearly two-thirds of millennials (64%) and three-quarters of Gen Z (72%) look for information about a company’s commitment to diversity and inclusion before applying for a job.

Read on to learn how to write inclusive job descriptions, so candidates sense they’d be valued by your organization and are more likely to click ‘Apply.’

Make your inclusion and diversity goals clear

Simply sharing the fact that inclusion and diversity matter to your company goes a long way toward attracting a diverse group of applicants. You can convey this company value throughout the job description. For example, you may lead with a brief “What We Offer” or “Working With Us” section that states your commitment to diversity goals, career growth, and work-life balance. In the list of requirements for the role, you can also include the ability to work effectively with a diverse group of employees to further demonstrate that your organization takes inclusion seriously.

Avoid exclusionary language

Certain words used for job titles and descriptions can be off-putting to some people. Though it’s pretty common knowledge that including ‘ninja,’ ‘rockstar,’ ‘wizard,’ and ‘genius’ can make older candidates and women scroll right past your job posting, they still show up in job descriptions. These words hint at a youth-centered workplace and the so-called ‘bro culture’ that is known to make women feel unwelcome. Also, while it’s important to feel confident in what you bring to the table, ‘genius’ or ‘guru’ is not how many highly talented people would describe themselves.

Additionally, keep gendered language to a minimum in job descriptions. For example, words like ‘competitive’ and ‘hard-driving’ are generally associated with masculinity, while words like ‘supportive’ and ‘collaborative’ have more feminine connotations. This doesn’t mean these words should be thrown out entirely, but if you overuse either masculine or feminine words you will unwittingly narrow your applicant pool.

Make sure perks have broad appeal

Highlighting only the presence of a fancy espresso machine or cozy lounge chairs in your job description is a mistake if that’s all you mention. Similarly, mentioning quirky team-building activities like laser tag and bowling afternoons or exclusively offering craft beer at company events might not resonate with everyone. While these activities are not enjoyed by men exclusively, they are more associated with male than with female interests. Include activities that have broader appeal, such as team cooking classes or offering beer, wine, and cocktails at company socials.

Distinguish between requirements and nice-to-haves

A long bullet list of required skills and experience is known to minimize applicant diversity. That’s because women tend to apply for jobs only when they meet most requirements, while men apply even when they meet only some of them. Decide what the ‘must-haves’ are for the role and clarify them on the job description. Then, in a separate section, list the skills that would be great for candidates to have but are not vital.

Back it up

Finally, make sure the picture of an inclusive workplace you are painting in the job description accurately reflects your real office culture. When you foster an inclusive culture at every level of your organization, you’re more likely to retain the wider group of talent your improved job description attracts.

Need hiring assistance? Contact us.

Hudson RPO

Content Team

The Hudson RPO Content Team is made up of experts within the Talent Acquisition industry across the Americas, EMEA and APAC regions. They provide educational and critical business insights in the form of research reports, articles, news, videos, podcasts, and more. The team ensures high-quality content that helps all readers make talent decisions with confidence.

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Performance Measurement of Diversity, Equity & Inclusion Strategies

Performance Measurement of Diversity, Equity & Inclusion Strategies

Content Team

This is 10 Ways to incorporate Diversity, Equity and Inclusion into your Talent Acquisition Strategy. Whether you have just begun or are already advanced in your DE&I journey, measuring your progress is a crucial part of any strategy

DE&I measurements can provide a place to start, a baseline to keep track of progress or pinpoint areas in your organizational strategy that need improvement. Measuring diversity, equity, and inclusion can be difficult and should always include input from your employees. This blog discusses how data and metrics can provide important learnings and the common pitfalls to avoid in DE&I measurements.

Data & Insights

Data collection can be done in various ways and, depending on the way you collect your data, will provide different insights. Collecting data should typically be the starting point of a DE&I strategy, as it can provide a baseline for you to track your progress and highlight unexpected areas for improvement in your approach.

Quantitative data can include demographics, such as sexual and religious orientations, ethnicity, or family status. However, it is not always permissible to ask for or use this information, and employees may feel uncomfortable with sharing this kind of information.

An example of another form of quantitative data that could provide useful insights is employees’ participation rate in targeted inclusion initiatives such as training, committees, or employee resource groups.

Quantitative data is helpful for data collection and insights on diversity, but the numbers alone will not tell you the full story. It is important to not only focus on diversity but also on equity and inclusion. This is where qualitative data can help you answer questions like: How are employees feeling about their workplace, do they feel part of their team, and how do their values align to those of the organization? Engagement surveys are a widely used tool to identify potential management issues, but a network analysis can also highlight how knowledge sharing, collaboration, and networks in your organization support DE&I goals.

Analysis & Correlational Metrics

Once you have collected your relevant data, analysis and correlational metrics are the next step to understanding how you should address your DE&I goals or where improvement is needed. When seeking leadership buy-in for your objectives, it can be helpful to use correlational metrics to support the value that your program can bring to the organization.

Correlational metrics can be storytellers when measured against your organizational, hiring or recruitment data. How are different groups making it through your hiring process? Are screening and selection tools applied evenly? Are staff overturns higher in one job family or seniority level? Examples of other correlational metrics include promotion rates, pay rates, and employment status (full time or contract).

Pitfalls to avoid in DE&I Measurements

Measuring diversity, equity, and inclusion can be challenging. However, input from a company’s employees is critical to its success. While there are some best-practice examples, copying what other organizations are doing without tailoring your approach to your organization and goals will not be effective long-term. Other common pitfalls are:

  • Authenticity
    Focus your research on what is relevant for your organization and how your data can contribute to insights for your DE&I strategy. A one-time survey is not enough to improve your DE&I.
  • Accessibility
    Make sure the results of your research are accessible to all, as well as the research method itself. For example, make sure the participants of your survey understand what their time and contributions will be used for, how their data will be used and anonymized, and take the necessary steps to ensure everyone who wants to is able to participate.
  • Transparency
    Even if the survey answers are anonymized and confidential, the conclusions of your research and the follow up of the outcomes can still be shared. This will also help assure employees that their time and contributions are valued, taken seriously and that your interest in improving DE&I is genuine.
  • Equity & Inclusion
    As previously mentioned, it is not about diversity alone. It is important to measure equity and inclusion too. DE&I is about more than having a diverse workforce; it is about creating a workplace where everyone feels included and empowered to contribute to your organization’s goals.

Hudson RPO can help you finetune your DE&I goals and advise on the appropriate metrics and technology for your organization. Contact us to find out how we can help. If you would like to learn more about DE&I, download 10 Ways to incorporate Diversity, Equity and Inclusion into your Talent Acquisition Strategy or listen to our podcast.

Hudson RPO

Content Team

The Hudson RPO Content Team is made up of experts within the Talent Acquisition industry across the Americas, EMEA and APAC regions. They provide educational and critical business insights in the form of research reports, articles, news, videos, podcasts, and more. The team ensures high-quality content that helps all readers make talent decisions with confidence.

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Managed Services Programs – How to ensure implementation success.

Managed Services Programs – How to ensure implementation success.

Content Team

When implemented correctly an MSP can transform flexible talent management. Organizations with an extent of contingent workers know it can be fraught with complexity, yet an optimized management strategy of your flexible workforce can be a real competitive advantage. This is why many organizations turn to  Managed Services Program (MSP) providers to help them manage their contingent workforce efficiently. Our MSP expert Jade shares the most crucial factors when implementing an MSP partnership to ensure optimization and success.

Successful MSP implementation requires a holistic approach, involving not only processes and technology but also people and effective communication. By following these guidelines, you’ll be well on your way to achieving MSP success.”

Appointing a program champion and identifying key stakeholders:

First and foremost, designate a program champion who will lead the implementation efforts. This individual should have a deep understanding of the organization’s goals and the MSP’s role.

You should also identify key stakeholders across different departments and levels within the organization. These stakeholders will play a crucial role in supporting and driving the MSP program forward, so establishing a relationship and gaining buy in is essential.

Setting and maintaining expectations in the MSP program:

Next, you will want to clearly define the scope of the MSP program. What services will it cover? What are the expected outcomes? Communicate these expectations to all relevant parties, including hiring managers, procurement teams, talent acquisition and the Contingent Workers (If their employment is to be transitioned to the new MSP). Transparency is essential to avoiding misunderstandings further on in the implementation process.

Defining a clear communication plan:

One of the most critical components in a successful MSP is communication and transparency. Bringing your key users of the function on the journey of implementing an MSP program will ensure their adoption and compliance with the program.

Effective communication and transparency are the foundation of a successful Managed Services Program (MSP). By engaging our key stakeholders early in the program’s lifecycle, a culture of ownership and accountability has been fostered, ensuring seamless adoption and adherence to the program’s framework.”

Never underestimate the impact of change:

Implementing an MSP involves significant organizational change. Communicate the benefits of the MSP program, ensuring that the business case is clearly defined, understood, and shared with all partners and stakeholders. Aligning goals from the outset means that everyone will be on the same page and heading in the same direction.

Establishing the right technology:

One of the biggest challenges in the Contingent space is the speed required to onboard a worker, as well as then monitoring the contingent worker while they are completing their assignment. Ensuring you have the right technology in place (and further, ensuring this is seamlessly integrated with your current back-office systems) will enhance your stakeholder experience with the MSP. Another benefit of an MSP partnership is that your dedicated implementation team will assess your technology landscape and recommend the right technology to suit your unique needs.

In the dynamic space of contingent workforce management, rapid onboarding and meticulous oversight are not just goals but necessities. The integration of bespoke technology solutions with existing systems is the cornerstone of an enhanced MSP experience, ensuring that every client’s unique technological needs are not just met, but exceeded.”

Transition of data:

Another important element to be mindful of is to ensure you have the appropriate consent if data is to be shared across the organization or technology platforms. Respecting the personal nature of contingent worker data and working closely with current providers to ensure current arrangements are met or matched as closely as possible will be paramount to the seamlessness of your implementation.

Choosing the right MSP partner:

Selecting the right MSP provider is critical. Look for a partner with expertise in your industry, a proven track record, and a strong understanding of your organization’s unique needs. Consider factors such as technological capabilities, scalability, and cultural fit.

Hudson RPO‘s Managed Services Program (MSP) solution helps companies make smart and effective use of their contingent workforce spend. If you would like to have a confidential discussion with an experienced Talent Expert, click here to get in touch.

Hudson RPO

Content Team

The Hudson RPO Content Team is made up of experts within the Talent Acquisition industry across the Americas, EMEA and APAC regions. They provide educational and critical business insights in the form of research reports, articles, news, videos, podcasts, and more. The team ensures high-quality content that helps all readers make talent decisions with confidence.

Related articles

Six benefits of MSP partnerships

Six benefits of MSP partnerships

Content Team

Managed Services Program (MSP) partnerships are custom solutions wherein a company outsources the management of their contingent workforce. Managed Services Program partnerships drive cost savings, process efficiencies and improved quality of hire in contractor management. On average, MSP partnerships can deliver 10-20 percent cost savings in the first year. However the benefits of MSP stretch far beyond cost savings.

1. Transparency and control

Losing oversight and control of a contingent workforce is the most common challenge experienced by our clients. Gaining back control and creating a transparent and consistent extended workforce framework is also the most important benefit of an MSP partnership. Through a systematic, strategic, and tailored approach, your MSP partner will streamline the end-to-end process to ensure a reliable ‘one-source-of-truth’ is the foundation of your contingent workforce.  

2. Cost savings

Partnering with an MSP can bring significant cost reductions to your contingent workforce management. We delivered 380k AUD in cost savings for our client in six months. Depending on the model, you either centralize your workforce management with one vendor or let the MSP handle vendor contracts. Additionally, managed services program providers can reduce time-to-fill and minimize productivity gaps.

The benefit of an MSP partner stretches far beyond cost savings. Improved processes, unparalleled scalability and partnership, and the peace of mind that comes from entrusting operations to expert hands is transformative. ”

3. Reduced risks

Compliance is a critical aspect of flexible talent management. An MSP model means your partner will take on the risk and compliance management of your contingent workforceA high-quality MSP partner will be well-versed in regulatory requirements and can ensure that all aspects of your contingent workforce remain compliant. They’ll also provide guidance and implement processes to mitigate risks in your hiring process, tenure management, and policy adherence, regardless of location. 

4. Increased efficiencies

Utilizing automation and advanced recruitment technology platforms, your MSP partner also streamlines candidate sourcing, onboarding, time and attendance management, and invoicing. This ultimately creates an efficient ecosystem for your contingent recruitment and employment workflows, giving your team back precious time to focus on more strategic tasks. 

5. Contractor and hiring manager experience

An MSP provides access to a team of talent experts with in-depth knowledge of your industry and unique requirements. As part of your custom solution, they will streamline your end-to-end contingent workforce processes and source top-quality candidates through expert talent strategies. With expertly crafted processes and strategies, you’ll soon recognize elevated experiences for both contractors and hiring managers  

6. Scalability and flexibility 

An MSP provides the agility and flexibility your organization needs. It adjusts resources as needed, whether for rapid growth requiring hiring or scaling back during slower periods, ensuring you have the appropriate talent when it’s needed most. 

Is MSP right for you?

Managed Services Programs offer numerous benefits. From driving process efficiencies to risk mitigation, MSPs play a key role in contingent workforce management. Leaving your flexible talent management in the hands of trusted experts allows you to remain focused on your core business. Learn more about our Managed Services Program service or talk to one of our talent experts today.

Hudson RPO

Content Team

The Hudson RPO Content Team is made up of experts within the Talent Acquisition industry across the Americas, EMEA and APAC regions. They provide educational and critical business insights in the form of research reports, articles, news, videos, podcasts, and more. The team ensures high-quality content that helps all readers make talent decisions with confidence.

Related articles

Nabil Kamleh Joins Hudson RPO as Managing Director, Middle East and Africa

Tampa, Fla., June 11, 2024 – Hudson RPO today announced that Nabil Kamleh is joining Hudson RPO as Managing Director, Hudson Middle East and Africa. In this role, Kamleh will spearhead efforts to increase the firm’s presence and stature throughout the region and will be responsible for overseeing the firm’s talent acquisition efforts there.

Kamleh has nearly 15 years of recruitment industry experience, with more than a decade of those years in the Gulf Cooperation Council (GCC).

Kamleh is an English and Arabic speaking leader in delivering Middle East and Africa recruitment solutions. He has led recruitment delivery teams for regional and global multinationals within the region and has been ultimately responsible for full delivery of service for nearly 2,000 hires per year for leading organizations in several industries, including energy, finance, healthcare and automotive.

Previously, Kamleh was a Co-Founder and Partner with Parisima, a leading end-to-end talent acquisition firm based in Dubai.

He also served as Director, Recruitment Process Outsourcing, for IBM (Kenexa), Middle East and Africa, and as a Senior Talent Acquisition Partner at Michael Page International.

Kamleh has degrees in Business Management and International Business from the University of Lethbridge.

About Hudson RPO

Hudson RPO is a leading global provider of flexible and scalable recruitment solutions. We service all levels of client organizations, from entry-level to the C-suite, focusing on mid-market and enterprise-level organizations worldwide. Taking a consultative and collaborative approach, we partner with talent acquisition, HR, and procurement leaders to build diverse, high-impact teams and drive business success. Learn more at hudsonrpo.com.

Media Contact

Tracy Kurschner
Global Communications Manager, Hudson RPO
[email protected]
612.309.3957

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