To answer your question, no it doesn't. Generally it is never that simple and there are a variety of factors that go into this. Let's assume the company gives

To answer your question, no it doesn't. Generally it is never that simple and there are a variety of factors that go into this. Let's assume the company gives Orion that offer, it could be that Orion's true market rate is 200% (or more) or it could be that Orion's market rate is really 160% but they value the employee and can't afford to lose them so they are trying to make it attractive. Almost always Orion's accepting of the counter offer from the existing employer is a mistake. Many employers that make the counter offer will be less trusting of the employee in the long term and will be looking for a way to reduce the employee's value. There are exceptions on both sides of course, but rarely is accepting a counter offer from an existing employer a good idea. I had an employer offer me 1.5x one time to stay, I left for a job paying me only 1.3x. More money doesn't change the situation generally why you are leaving, and if an employer lets you get that far behind market they aren't valuing you properly and are just waiting for you to call them out. What I usually suggest to people is they need to negotiate every year for more money as a matter of process. This reduces the need to get a competing offer to just get a raise. Then the only reason you leave generally is because you find at the first year the company is cheap or over time you just don't want to work there anymore because of whatever other issues. Employers see this method much differently than an employee that job shops and tries to bend them over a barrel with an ultimatum.