Counteroffering

Definition

When your current employer suddenly matches or exceeds a job offer you've accepted elsewhere. It's the corporate equivalent of 'wait, don't leave, I do love you.'

Example Usage

After he accepted the offer at TechCorp, his manager made a counteroffer that included a 20% raise.

Origin

Established HR practice dating back decades

Fun Fact

Most HR professionals advise against accepting counteroffers, as they often lead to resentment

Source: Recruitment Best Practices

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