Don is a high-ranking manager in an advertising firm.He was recently offered a job with higher pay and more lucrative benefits by a rival firm.On coming to know about this,Don's employers decided to make him a(n)________ matching the offer from their rival firm.

Question

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When an employer offers an employee a matching package to the one offered by a rival firm, it is called a counteroffer. Option A, compensatory package, refers to a package offered to make up for losses incurred due to a company's actions. Option C, equity bonus, refers to a bonus paid out to employees to incentivize them to remain in the company, whereas option D, employment contract, is a document that outlines the terms and conditions of an employee's employment.

Don Is a High-Ranking Manager in an Advertising Firm