What Is Counter Offer?
A counter offer is a revised offer, either from a new employer after you negotiate or from your current employer trying to retain you. It changes terms such as pay, title, or benefits.
Also Known As
Counteroffer
Why Counter Offer Matters
A counter offer can improve your pay, but it is worth weighing the full picture, not just salary. If your current employer counters, consider why you wanted to leave in the first place. Taking time to compare helps you decide calmly.
Example
You give notice, and your manager offers a raise to keep you. At the same time, the new company raises its base pay after you ask. You compare both against your reasons for moving.
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