Compensation strategy

Why Do Job Offers Get Declined?

Usually because the number was set by instinct and the candidate had a market.

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The short answer

How it works in practice

Usually because the number was set by instinct and the candidate had a market.

A range built from market data, with a stated position in it, turns a negotiation into a decision you already made. The candidate hears a reasoned number instead of an opening bid.

It also helps to track why offers are declined. If the reason is consistently the salary, the range is out of date. If it is the package, the gap may be on the benefits side.

That second case is where a total compensation statement helps, because it puts the employer-paid benefits in front of the candidate in dollars.

Questions answered

Related questions.

How do we tell whether it is salary or benefits?

Track the stated reason each time an offer is declined. A consistent pattern points to the cause.

What does a market-based range do?

It turns a negotiation into a decision you have already made.

Where do benefits come in?

If the package is the gap, showing employer-paid benefits in dollars can change the comparison.

Sources

Where this comes from.

This page describes how CFH builds and times total compensation statements and related materials for employer clients. It uses no outside statistics. The related guides below cover the wider process.

Let’s Get to Work

Send us your renewal.

We’ll tell you whether it looks competitive, where we see opportunity, and the five questions we’d put to your carrier. No cost, and no obligation to move anything.

What to send

The renewal letter
Your current plan summary
Contribution split by tier
Enrolled counts by tier

Four documents — two more if your group is 50 or more. Nothing else; every extra one is a reason to postpone.

CFH Insurance Consultants

An independent employee benefits consulting firm. We look at the entire benefits program: cost, plan performance, risk and administration.

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