Document background
The Counter Offer Job Letter is a strategic document utilized when an employer wishes to retain valuable talent or secure a preferred candidate who has received competing offers or requested improved terms. This document, governed by Philippine employment law and the Labor Code, typically emerges during critical hiring or retention scenarios where the original employment terms require modification. It must carefully balance competitive market offerings with internal equity and legal compliance, particularly regarding mandatory benefits and employment conditions under Philippine law. The letter serves as an official record of the revised employment terms, including adjusted compensation, benefits, and other conditions, while ensuring alignment with local labor regulations and company policies. Counter Offer Job Letters are particularly important in the Philippine context where talent retention is crucial and employment terms must be explicitly documented to prevent future disputes.
