Can I company rescind an offer?
I negotiated too hard on the level and salary. Today was my offer acceptance deadline and the recruiter reached out to me saying that they understand me not bei mg happy with this offer as they didn’t meet my level and salary requirements and would love to stay in touch for future opportunities.
I replied back saying I accept (since I really like the role, the team and the company and am fine with the slight pay cut) but haven’t heard back. It’s been 9ish hours

funnylikehelpful
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Why wait till last day, seems like you were playing games with this one.

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My thoughts...

Were you asking for a ton more than the offer? If so, clear indication that you're just too far apart. Right for them to call it quits. Probably right for you too.

Were you negotiating 10 additional rounds for an extra $5k? If so, clear indication that you're going to be a problem for them. Sorry, but I don't fault them for calling it quits.

We're you on your second round asking for a reasonable increase above the offer? If so, their departure from negotiating means second choice was very close to you, or they are arrogant and have no patience.

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Recent IconRecent

So, here are the update and learnings. Also, for those of you laughing at my situation &/or commenting on the typos (written by someone under a lot of anxiety) can stop reading here.

Update: I connected with the recruiter. They feel that I will not be happy in this role as it has a lot of ambiguity on how fast it will grow given I am being asked to come in at a lower comp & level than what I have been asking for.
They instead want me to interview with the hiring manager and a stakeholder for a different role which is same level but is definitely slated to grow fast and has higher comp scope. This new role is under the same VP and is more location friendly to my ask. So, interviewing again #livingthedream

More context and Learnings: I don’t regret asking for the comp and level that I deserve and have evidence to prove against. I was literally asking them to match my current comp, which I acknowledge is above industry average.
I was super positive and nice in the whole process and always shared how much I love the team and role (all honest and true, which is why I said yes at lower comp eventually)
I should not have waited for the last day to share my final yes. Could still have led to same outcome (which is not that bad assuming I crack it again) but way less anxiety on my and their end.
I should not have shared my comp expectation mismatch with some of the ppl who called me as part of “selling the role” after I got the offer (recruiter told me that she didn’t like that)

likehelpfulupliftingsmartfunny

Yeah, seriously. OP, you're gonna do well on life no matter what happens here. I'm reading a level of maturity im not sure I have and I'm old AF.

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Yikes

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A company is free to rescind an offer at any time, even after you have accepted it. You need to chalk this one up as a lesson learned - both sides play hardball

likefunnysmarthelpful

sry op

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likefunny

Maybe I’m missing out but I don’t really understand the idea of negotiating hard when newly joining a company. It just sets a very transactional tone to your relationship and doesn’t seem worth it if you’re getting a decent offer

likefunny

The views here are madness! The advice should be always to negotiate. Why not? You can always fall back to the initial offer which is probably the lowest compensation package that the company can offer anyway. Worth trying.. no?

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Oof

likehelpful

What did you say during the negotiations? Did you express your gratitude/excitement about the offer or was it super transactional? Also what’s the industry and role by curiosity?

likefunny

Companies can definitely rescind their offer just like you can rescind your acceptance. Was this after multiple rounds of negotiating?

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Sry OP

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likefunny

I love this video so much. ♥️

“Nooooo just a prank bro didn’t actually want all that money. I do accept the last offer tho”

likefunny

At least they negotiated with you. I had an offer and the company yanked it when I asked for an increase in salary.

likefunny

Yeah C5 what company? Save those of us (who think negotiating and being paid a competitive salary based on YOE, roles responsibility, skills, education and market rate is important) some time. By naming the company, you will simultaneously be endorsing the same company with the group of people on this thread who have been openly questioning negotiating salary. It’s a win win ;)

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Yes a company can pull an offer, and based on that language they did pull it.

The rationale is pretty solid- if they feel someone isn’t satisfied with the level / comp they know that individual will jump within 1-2 years. Better for them to move to their second choice if it feels like a longer term fit

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As my mom says, ‘What’s for you is for you.’ If this didn’t go through, maybe you dodged a bullet. If your salary was based on market and experience, don’t second guess it. Keep looking and the right opportunity will present itself.

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I went through this. Had asked for a revised comp (this was after 3 rounds of back and forth) and the recruiter took it back to the comp board. He said it is out of band and will take 2-3 more weeks to come back. I knew they were also interviewing other candidates. So 5 days after I asked for higher pay, I called the recruiter and asked him to draw up the previous offer. What I did during the process was to get the hiring manager to commit to an accelerated promotion path. Worked out fine. What you did was a no regrets call. You knew what their max was before saying yes. Good luck with the next round of interviews but makes sure you ask them for a platform to prove yourself and get that acceleration.
PS: I still keep wondering what if I had held on for 3 more weeks.

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Yeah that can definitely happen. You may have said something that rubbed them the wrong way or they knew you’d basically quit soon enough because you were unhappy.

Or, HR is just out today and will get back to you!

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They are just giving you another opportunity to interview to be nice and professional.
I think you already left a bad taste in their mouths. Legally they have to interview a certain amount of people for a job, so they threw you in the mix for another position.
You probably won't get this job either. I would move on.
Good luck!
🙏

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@P1 I consult in talent and recruiting lol. You most certainly do if your are an EEO employer which most large companies are.
Ask your hiring manager. 😉

likehelpful

It sounded that you might have lost it. I just negociated my offer: touched on comp, PTO and term of non-compete. Almost lost it. We ended up meeting halfway and call it a deal. There is a fine line and you do not want damage the relationship before even starting it.

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Sorry OP, that's rough. Can you share any detail that we might all learn from?

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