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With talent at a premium, companies roll out counteroffers
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With talent at a premium, companies roll out counteroffers

on .

Employees are once again being serenaded by their organizations with sentiments improving in the job market. And now counteroffers, a popular mechanism through which an employee leaving one organization for another is retained, are now back.

he scales are therefore tilting in favour of employees and companies are resorting to counteroffers as a retention tool. Hiring agencies said the change in sentiment is prompting companies to plan expansions, triggering a demand for talent across sectors such as infrastructure, consumer durables, FMCG, pharma and e-commerce

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