ilmscore | Prediction Details
By The Financial Diet | April 6, 2025 | Correct
Interpreted Prediction
Predicted that employers are very likely to offer a substantial salary increase to retain an existing employee who initiates a conversation about leaving, to avoid the higher costs of hiring and training a replacement.
AI Evaluation Notes
The prediction stated that employers are very likely to offer substantial salary increases to retain employees who initiate conversations about leaving, to avoid higher replacement costs. Research for 2025 indicates that the cost of replacing an employee is indeed very high, often ranging from 50% to four times their annual salary. Consequently, counteroffers, which frequently include increased salaries, are a prevalent and often utilized strategy for employee retention.

Prediction Details

Target
Employers will offer a significant salary increase to retain an employee who asks for a raise.
Predicted date
Upon employee initiating a salary negotiation conversation

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