Offer management: Hire top talent by being open about what you both need

Thomas Shannon
Senior Recruitment Partner

Talking about salary, benefits, and personal motivations with a candidate often feels awkward. After all, would you be comfortable sharing those details with anyone?

But if you put off having that conversation until it’s time to make an offer, you may realise that it doesn’t line up with what the candidate had in mind. That disconnect can turn an otherwise strong fit into a missed opportunity – for both your organisation and the candidate.

To get the right talent across the finish line, the offer should start taking shape from your earliest conversations.

How to approach offer management effectively

When it comes to offer management, there are always two sides involved:

  1. The business, looking to hire the right person for the job.
  2. The candidate, looking for a role that aligns with their goals.

A compelling offer is one where both parties reach a mutually satisfying agreement. That’s why it needs to be considered from both perspectives.

Business side: Prepare your team to make an offer

As a business, you know how important it is to never go into a negotiation unprepared. The same thing applies when developing an offer that will convince top talent to join your team.

This requires collaboration from key stakeholders, such as the Hiring Manager, HR, and Talent Acquisition to design a strong recruitment experience that secures the right talent.

1. Set the foundation during intake

Surprises at the offer stage erode trust fast. If you reach that point and say, "We can’t actually go that high" or "This isn’t fully remote," then you’re likely to lose the candidate.

Instead, set the stage before the first resume is ever reviewed.

For every open role, define its non-negotiables and nice-to-haves. This includes:

  • Compensation range
  • Benefits
  • Remote or in-office expectations
  • Potential career paths

After confirming the role’s requirements, prepare your interview team for the conversations they’re about to have. Make sure they’re clear on:

  • The interview structure
  • Qualities being assessed
  • How to discuss culture, growth, and role expectations

Delivering a consistent experience will help both the business and the candidate evaluate whether it’s a good fit early on.

2. Treat interviews like a conversation

Remember, candidates are evaluating you as much as you’re evaluating them. The quality of your interactions also plays a role in seeing if there’s a fit.

During interviews, focus more on having a conversation than conducting an interrogation. Encourage candidates to ask questions and give them a sense of what success in the role looks like and how you’ll support them.

If needed, run a workshop or training to help your interview team deliver the best possible experience.

Outside the interviews, prompt and honest communication helps build trust. Make sure your interview team is clear on feedback timelines to keep things moving. Even when things are delayed, keep the candidates in the loop to maintain strong rapport.

3. Prepare an offer that reflects the candidate’s journey

When a candidate makes it to the offer stage, the details should cover the key points about the priorities and motivations they shared.

Whether it’s career growth, meaningful work, or flexibility, including these aspects in the offer not only ensures your expectations align but also shows that you’re invested in their personal success.

4. Develop a process to handle counteroffers and negotiations

Work with the leadership team and hiring managers on how to respond if a candidate has a counteroffer or wants to negotiate an offer.

If you decide to explore options to win over a promising candidate, refer to the non-negotiables and nice-to-haves you previously defined. Recap the areas where there’s room for adjustment and where there isn’t.

For the areas that do have some flexibility, having pre-approved options can help fast-track a response, especially if you’re competing with a counteroffer for a great candidate.

Candidate side: Understand their wants and needs

With preparations within the business set, finding candidates that you can reach an agreement with comes next.

Here, it’s about helping qualified candidates learn if an opportunity can provide what they’re looking for.

1. Find out the candidate’s priorities

What matters most to the candidate? Identifying their key motivations should be at the top of your list.

At first, they might just share their expectations around salary and benefits. But what you really need to uncover is what’s driving those preferences.

Don’t be afraid to have detailed conversations about their preferences related to:

  • Salary
  • Benefits
  • Interesting job scope and responsibilities
  • Work-life balance
  • Career growth opportunities
  • Company culture
  • Work environment

If what they value matches with the opportunity your company can provide, they’re more likely to respond positively when it’s time to extend an offer.

NOTE: Not sure what to ask to get these answers? Download this guide for a list of suggested questions to help you understand what candidates are looking for.

2. Put the opportunity into context

On the other hand, the candidate also needs to understand what the business is looking for – and what you’re prepared to offer the right candidate.

For example, a conversation related to salary could go like this:

“The budget for this role goes up to £60K and these are all the requirements. If you feel that you meet every requirement, we can aim for the top end of that budget. But keep in mind, at that level, the business will measure you against perfection. If another candidate with a similar skill set asks for less, they might have an advantage. You want to position yourself accurately within the range based on the experience and value that you bring.”

Make sure to discuss the potential for growth or performance-based raises to help them understand that there’s a path to the top tier after joining the team.

3. Keep candidates in the loop

From a candidate’s perspective, uncertainty can be worse than getting rejected outright. They just want clarity and respect for their time.

At every touch point, make sure you communicate the next steps, expected timelines, and any factors that might impact the company’s decision-making process. Regular and open communication builds trust and helps candidates be more open to offer-related conversations.

4. Walk the candidate through the offer

Once a candidate advances through the process and is presented with an offer, encourage them to take time to carefully review it.

Go through all the key details, including salary, benefits, job responsibilities, work schedule, and other perks, and show how it reflects what the candidate has shared about their priorities.

In cases where some details of the offer don’t quite line up with what they were expecting, share as much as you can about what led to that decision while showing how the full package supports their goals.

For example:

  • If the salary is lower than expected you can highlight how it’s offset by an attractive benefits package or the opportunity for career growth.
  • Point out how it could fit their long-term career plans by helping them develop new skills, take on new challenges and advance in the role.
  • Draw a connection between the candidate’s priorities and how the company’s values and work environment can support their well-being and job satisfaction.

If there’s anything they’re unsure about, let them know you’re happy to clarify anything they’d like to discuss further.

It’s important that candidates don’t feel pressured to decide on the spot. If they need some time to think it over, just make sure to set a clear timeframe for a response, typically a few days to a week.

5. Expect potential counteroffers and negotiations

It’s not uncommon for candidates to negotiate aspects of an offer. Whether it’s asking for a higher salary, better benefits, or more flexibility, there’s often room for improvement.

When this happens, approach it with respect and professionalism. Try to find out why they’re asking for a change, especially if it’s something they’ve previously expressed as acceptable. You should also discuss potential compromises and see how you can bridge the gap between their expectations and the company’s offer.

All of this is crucial information to see if there’s any flexibility for the hiring manager to work with.

Honesty and transparency create a strong foundation

Candidates often assume that your goal is to secure the lowest possible offer. The key to breaking that perception is being open and transparent.

Just as you want as much information about them, candidates also want to know about the company. If you approach a candidate and say, “Well, I can’t really tell you what the range is and I can’t really tell you what the benefits are”, how likely are they to share the details about their salary and package?

There will be things you just can’t share depending on where you’re at in the conversation, However, it’s important to provide as much detail as you can, while also being forthcoming about what you can’t share and why.

Being open to having honest and transparent, but sometimes difficult, discussions will help you build trust from the start.

What it looks like when your offer aligns with the candidate’s priorities

When it comes to offer management, "unspectacular" often means everything is working as it should. Candidates are less likely to have mismatched expectations when you’ve done the work upfront. As a result, they’re not looking to renegotiate later in the recruitment process.

There should be no surprises when they receive the offer letter if both sides have clearly communicated what they’re looking for. This results in a higher offer acceptance rate and a smoother onboarding experience, with new hires feeling motivated and engaged in their new role.