[mrbird]

As a manager, when an employee comes to you with another offer, you (or the company) have already failed in some way.

This situation is not a root problem, it's a symptom.

[dusing]

I've found that when I match or beat the offer they leave anyways in 6-9 months. So now, I no longer fight to keep them. If they were a great employee I chalk it up as a loss and try to be smarter and more proactive next time.

[dikdik]

But if you had matched the offer before they ever went out job searching, would they end up being around a lot longer? That's the big question.

[BirdieNZ]

Presumably that would be covered in "smarter and more proactive next time."