counteroffer

Definition

An improved compensation package your current employer suddenly produces after you resign, proving they could have paid you more all along but needed the threat of your departure to motivate them. A relationship red flag disguised as a raise.

Example Usage

They gave me a 30% counteroffer after I submitted my resignation—funny how that budget materialized instantly when I asked for 10% last year.

Origin

Standard negotiation practice adapted to employment contexts in the mid-20th century

Fun Fact

Studies show 80% of employees who accept counteroffers leave within 6 months anyway, as the underlying issues that drove them to search rarely get addressed by more money alone.

Source: Recruitment and retention management practices

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