A counter-offer is a better offer made to keep you from leaving. Accept a counter-offer, refuse the counter-offer.
The usual advice is to refuse one, since the reasons for leaving are rarely only about money. A counter-offer also tells you the money was available all along.
1nouncounter-offerA better offer made to keep you from leaving.
“They made a counter-offer within an hour of the resignation.”
counter-offer is an offer.
counteroffer comes from counter- + offer.
Etymology from Wiktionary, CC BY-SA
Practised in Work & Careers