Retaining Top Talent: The Counter-Offer Playbook
It’s no less than a leadership test in today’s job market.
Your star player, the engine of your team, drops the news: “I have another offer.”
Suddenly, the pressure is on. The clock is ticking, and the stakes are huge.
You’re not just fighting to keep one person; you’re fighting to protect your projects, your team’s momentum, and all the valuable knowledge they hold.
In a market this hot, finding a replacement is a costly and time-consuming battle.
With top talent more mobile than ever, your next move is everything.
Do you jump to match the salary? Highlight the culture and growth opportunities?
This isn’t just a budget decision; it’s a strategic play that requires a smart and ready playbook.
To get that winning playbook, the HR Spotlight team went straight to the experts—seasoned HR and business leaders who navigate these high-stakes situations for a living.
We asked them for their best advice and their answers are a powerhouse guide to blending sharp negotiation with smart leadership, giving you the tools you need to keep the talent you can’t afford to lose.
Read on!
Tawny Lott Rodriguez
Fractional CHRO & Consultant, rowlandhall
Tawny Lott Rodriguez
If my top performer gets a competitive offer, my first move is a real, human conversation. Not just about money, but about “why” they’re considering leaving.
If I can match the salary, great. But let’s be real, most HR folks don’t have that luxury.
So I dig deeper. Do they feel stuck? Want more growth? A different manager?
Sometimes, small changes can make a big impact.
I’ve had honest talks where people realize they don’t actually “want” to leave, they just need something to get excited about again.
I always tell them, “The grass is greener where you water it.”
If they still go, I make sure they leave feeling valued because people boomerang back more often than you’d think.
Jonathan Faccone
Managing Member & Founder, Halo Homebuyers
Jonathan Faccone – Halo Homebuyers
Adjusted Pay: Look at and maybe change their salary package to match the important job they do and what others in the market earn, making sure it is fair and motivating.
Career Development Opportunities: Help them grow professionally inside the company, like chances for leadership positions, advanced training classes, or new project tasks that match their interests and job goals.
Work-Life Balance: If possible, give more flexible work conditions. This can be remote work choices or changed hours to fit their lifestyle needs better.
Kimberly DeCarrera
Fractional General Counsel & CFO, Springboard Legal
Kimberly DeCarrera – Springboard Legal
The most effective strategy will be the one that is tailored to the particular employee. It will require a discussion of what they desire out of the job – more money, more time off, hybrid or remote work, better career development opportunities, or a better boss.
My question is whether you want to keep the top performer after they come to you with a job offer from a competitor.
In my experience, any strategies that you counter with will only last about six months, before a new offer is accepted. If you use that time to onboard or train a new top performer, then it will be time and money well spent.
But if you have a top performer that is actively seeking new employment or entertaining offers, there is a reason.
Many strategies are going to end up being too little, too late. Even with a successful counteroffer, you should prepare to lose the employee in the short term.
Madan Chaolla Park – Zatjob
When top talent comes with a competitive offer and asks for a raise the situation is usually rather binary (or black and white).
Scenario 1: They love their job, they’re thriving, but you’ve been underpaying them. Give them the raise—no hesitation. You dropped the ball on market rates, and now it’s time to fix it.
Scenario 2: If they aren’t nice, and are not having a good experience at your company you need to let them go. If you give them a raise now, they are still going to search for another job in the meantime – so it’s just holding them for a few more months. If you start losing much of your top talent it’s a very bad sign.
At the risk of sounding cliche – the no. 1 reason people leave jobs is bad managers. So the real strategy to keep talent is having a great workplace (or paying them absurdly high rates, but then you wouldn’t have this problem).
Wesley Kang
Founder, 1099Cafe
Wesley Kang – 1099Cafe
When my top agent at 1099cafe got poached last year, I skipped the typical counter-offer panic.
Instead of just matching their offer, I sat down with her for an honest conversation about career trajectory. Turns out money wasn’t the main driver – she actually wanted more leadership opportunities and felt stuck. Within 48 hours, I restructured our team to put her in charge of our new agent training program with a revenue share component.
What worked wasn’t throwing cash at the problem but addressing the actual reason she was looking elsewhere. The competitor offered slightly more money but couldn’t match the entrepreneurial opportunity I created.
The key lesson is that when top performers get offers, don’t just negotiate compensation. Quickly identify and solve for their real motivations. Sometimes it’s recognition, sometimes it’s growth potential, rarely is it just about the base commission split.
Austin Rulfs
Founder, Zanda Wealth
Austin Rulfs – Zanda Wealth
When a top performer from my team brings up a competing employment offer, it is prudent for me to pay attention to their priorities. Whether their objectives are recognition, work-life balance, professional growth, or financial gain, there is a need to keenly understand their underlying motivations. Employees often only want to feel appreciated and heard.
Offering flexibility may also be beneficial in my experience. One of my important team members, for instance, appreciated the leeway I offered in the form of family time but even then, they were still thinking about accepting a higher-paying offer from a rival. I offered them a greater pay and made a slight change to their function to give them more responsibility after some candid discussion.
Maintaining open lines of communication and demonstrating an open mind as a leader are paramount in retaining excellent staff.
Kristie Tse
Founder & Clinical Director, Uncover Mental Health Counseling
Kristie Tse – Uncover Mental Health Counseling
When a top performer shares they have a competitive offer, it’s essential to act promptly and thoughtfully.
First, I would invite an open conversation to understand their motivations; financial, growth opportunities, or work-life balance. Using my experience as a therapist, I know that validation and understanding go a long way.
Once their needs are clear, I’d tailor a retention plan, whether it’s creating a pathway for advancement, offering additional resources, or flexible arrangements to align with their goals.
It’s important to address underlying issues that led them to explore other opportunities, not just focus on a quick fix.
Most importantly, I’d stay transparent and communicative during negotiations to build trust and show their contributions are valued.
Jon Hill – Energists
When you build a high-performing team, it’s natural that competitors will take notice and try to lure some of those exceptional employees away. Because of that, I’d say it’s smart for leaders to be prepared for how they plan to hang on to top talent when they get another offer.
First of all, it is a positive sign if the employee informs you of the offer. This is a sign they haven’t decided to accept the offer and you can still retain them if you act quickly. Start by having an honest conversation with the employee about the offer—how tempted they are to take it and why, and what your company could do to entice them to stay.
Learning why they’re considering the offer is critical because it tells you where to start the negotiations. If salary is the biggest factor, then adjusting their compensation to be the same as (or higher than) the competitor’s offer could be enough to keep them on the team. In other cases, it may be more effective to discuss more flexible schedules, a remote or hybrid position, additional benefits like stock options, or career advancement through a promotion, expanded responsibilities, professional development, or leadership opportunities.
In some cases, you may not be able to compete with the competitor’s offer, and some talent loss is inevitable in a business. However, if you address the specific reasons the employee is considering the offer, you have the best chance of keeping them on your team.
Joan Denizot
Founder, Zize Bikes
Joan Denizot – Zize Bikes
In an urgent retention scenario, my first step would be an open conversation to understand their motivations—whether it’s compensation, growth, or work-life balance.
I’d present a compelling counteroffer that aligns with their aspirations, whether through salary adjustments, performance-based bonuses, or equity options. Additionally, I’d emphasize long-term career growth by mapping out leadership or specialized roles tailored to their strengths.
Beyond financial incentives, I’d reinforce workplace culture, flexibility, and mission-driven engagement, ensuring they feel valued beyond numbers. If compensation is a key factor, I’d explore creative perks like additional paid time off, remote work flexibility, or personalized development opportunities.
Ultimately, people stay where they feel appreciated and have a clear vision of their future. Retention is about genuine investment in their success.
The HR Spotlight team thanks these industry leaders for offering their expertise and experience and sharing these insights.
Do you wish to contribute to the next HR Spotlight article? Or is there an insight or idea you’d like to share with readers across the globe?
Write to us at connect@HRSpotlight.com, and our team will help you share your insights.


