counteroffer (2024)

FAQs

How to answer questions about counter offer? ›

In your response, thank the employer or hiring manager for the counteroffer and acknowledge their consideration of your skills and qualifications. Express your appreciation for the time and effort they have invested in the negotiation process.

One option is to reply and ask what figure seems fair to them and then use their response as the basis for negotiation. Alternatively, you can reevaluate your original offer and simply reply with a higher hourly rate or salary.

Accepting the counter offer

Thank you for your interest in joining our company. We appreciate the time and effort you have put into the application process. After careful consideration, we have decided to accept your counter offer.

How much should you counter offer salary? Making a counter offer at a 10 to 20 percent higher value than the initial offer is considered a reasonable range, especially if the initial offer is in the low salary range for similar positions.

When you communicate your counteroffer, avoid sounding greedy, demanding, or confrontational. Instead, express your gratitude for the offer and your enthusiasm for the job. Explain why you deserve a higher salary based on your qualifications, achievements, and contributions.

Technically yes, though it's highly unlikely if you do it right.

Mention the salary research you've done, and suggest a rate of pay higher than your desired salary. For example: “I've done some research on similar positions in the area, and it seems like the average salary is somewhat higher than this offer.

Make a counter-offer:

I do have a concern regarding the starting salary, however. Based on my understanding of the market value for the position, and my skill set I would expect my compensation to be in the range of $xx to $xx.

Is it ever good to accept a counteroffer? ›

What matters more is that what you're doing aligns with your personal and professional goals. If you genuinely believe that the counteroffer you have on hand will offer you a fulfilling and rewarding experience, you should seriously consider accepting it.

Dear [name], Thank you for your continued interest in our [job title] position. We have reviewed your counteroffer and are happy to accept it, including meeting your salary expectations of [requested amount]. [Include any other offer-specific details, like benefits and PTO].

Your loyalty will be questioned

If you accept a counteroffer from your current employer after already accepting another offer, it will likely damage your relationship with both your current and future employers.

For most entry-level positions, the lower start of the range will be the most appropriate pay bracket. If the salary offered is within the low range for similar positions, consider an initial counteroffer 10-20% higher, and if the salary offered is within the average range, consider a counteroffer 5-7% higher.

When you write your salary requirements, you should include a range and not a specific sum. For instance, if you would like to make $35,000, then you should state that your salary requirements are between $30,000 and $40,000, rather than $35,000. This way, there is an opportunity to negotiate.

Tell your boss immediately. Thank your employer for the counteroffer. Show appreciation and gratitude to your employers for identifying you as a valuable employee. Convince your boss that you will work hard to meet your new goals and fulfill your new duties and responsibilities.