If I sign on offer letter and if I change my mind, can I rescind my decision?

like
Posting as :
works at
You are currently posting as works at

Of course! The “signing” of the offer letter is just basically the same as a letter of intent for college. You’re saying you want to go, and are agreeing that the pay on the offer letter is what you’re going to be making.

Not contractually obligating whatsoever

like

You'd probably burn a bridge. But beyond that there aren't gonna be any consequences

like

Happens a lot, especially right now. Companies are pushing offers faster in order to beat out other companies. We’ve had 2 people recently accept an offer and rescind the acceptance days before they start because they were in the hiring process somewhere else and likely used our offer as leverage. 🤷‍♂️ Good for them. Sucks for us. There are more people in the queue, so don’t feel too bad.

like

If you haven't started with them yet, it's fine. Do what is best for you.

like

Why yes, so long as you do your part in communicating the matter so they'll be able to manage things on their end as well.

like

Absolutely, if you haven't signed a contract. If you got a bonus, you'll have to pay it back

Yep. As long as they haven't paid you anything bonus or otherwise I don't see why not. They may not take kindly to it but these things happen, and an offer letter isn't legally binding in any way shape or form.

Yes. And, so can they. An offer letter is an "intension" to hire you and for you to work there, it is not a contract. (If it is a contract, that is something different.)

Be aware that accepting an offer and then changing you mind will likely mean you've burned a bridge with that company. But, there are no other real consequences.

Yes, unfortunately I just had to do it after receiving an unexpected competing offer. Wasn’t easy to burn that bridge but it’s my career in the end. Just be direct and apologetic. And respectful by quickly ripping off the band aid - they’re people too.

Related Posts

How do folks structure/make the most of their end of year performance/development talks? What’s the agenda and conversation like? How should I think about and prepare for mine? First year at my firm.

like

Any PowerBI consultants out there? Curious if the need for this is really out there, how lucrative it is, and what other skills help in your process (sql, python, etc)

Tks!

likefunny

Hi friends, I joined CG in Dec as senior consultant (C1) in gcp devops with 22 LPA(20 +2 Variable) for 7.5 years experience. but i also have offer with IBM for 18 LPA. i have 1 year old baby so im thinking IBM might be better choice for WLB and WFH for future also.
I am not yet assigned to any project in CG hence please help me whether quitting CG and joining IBM for difference of 4 LPA is wise decision or not.Will CG provide WLB n flexibility
plz i am in urgency reply and help me decide ASAP

like

Hi all, I've just been offered a role at Accenture UK and was wondering what the paternity leave is as this is going to impact my decision. Can someone please share? Thank you!!

like

Anyone know what the Salary range for an Operational Risk Officer at Bank of America or Wells Fargo ? Also, do you know if they do sign on bonuses? 7YOE

like

Hi how much time Target takes to release offer Letter. What can you expect for senior engineer role with 4.5 YOE

like

Sneakerheads of 🐠, what drop are you looking forward to the most in the next couple of months?

like

Best way to invest money

like

Tax peeps, I'm a cyber guy. I left EY & I'm vested in the pension. Want to roll over my pension (not my 401k) into a Roth IRA. Any tax implications w/this? IDK how it's treated tax wise.

like

Hi .. I got offer from hcl with 26 lpa and serving in NP With this counter offer i start negotiation with capgemini HR after one round of interview with 28 Fixed and she asked any negotiation on this i told 26 fixed i am ok and she didn’t giving timr she saying i am get back that’s it Now after second round also completed she is ready to release 26 LPA again from capgemini i asked fixed but she is releasing lpa .. Can any one help how to negotiate or any inputs to get 26 fix not lpa for 10yoe

like

I follow this Bowl pretty closely to learn, but have not jumped fully into options yet. Just curious, for those willing to share, what’s a good day of gains for you, a bad day of losses for you, and an average day for you? Seems like there are some high rollers here.

like

I live in Sydney, Australia and am looking to move over to NYC in the coming months and get a job as a Strategist (I have ~4 years experience, my Fishbowl profile is out of date).

At the moment, are people are getting hired remotely/over Zoom calls etc? And to be clear, I don't mean working remotely, just the hiring process.

Normally I'm told its pretty much impossible to get hired if not in NY (And still in Aus.), but I'm thinking now could be my chance. I would need to be sponsored though.

like

Thought we could all use some laughs ! Most cringe worthy Bio on a dating app you've seen ?

like

Meeting a guy through arranged marriage setup (I am south asian), the guy thinks that girls don't need to work after marriage as husband takes care of expenses , I want to say no to this person for proceeding . basically I feel this person lacks common sense that 2 incomes is better than one in a household. what is the best way to reject this potential groom candidate ?I feel a girl need not sacrifice her career after getting married , as marriage is not life it is part of life.

like

Are FAANG companies really the place to be for SWE’s? I want to work for one but I’m worried about culture & work/life balance.

like

I have received two offers for Summer Internships. West Monroe Partners Software Engineer and Deloitte Software Engineer. I'm not sure which one will be better for my career. Will Deloitte allow better future opportunities because of its brand name? Or, will the fact that WMP is a technology-focused consulting firm look better for getting future SWE jobs?

like

Is there any website that has real creative decks to pull deck design inspo from? I’m always curious how other people lay out their decks!

like

Our staff is actively being targeted by another agency. One that I helped found many years ago. They’ve contacted almost everyone in our small shop and offering to grossly over pay them. Any advice ?

like

What’s the difference between commercial banking and corporate banking?

like

How many deals (M&A) is appropriate for a first year attorney? I'm wondering if I should be challenged more and worried I'm not excelling enough. I don't like having idle time, and feel like I grow more effectively with ongoing challenges. Not experiencing that now

like

Additional Posts in Tech

Hi everyone, I am currently a Systems Engineer and Product Lead with experience using Agile methodologies, Scrum, Jira, Confluence and other project management tools. I am looking to make a pivot to Project/Program/Product management and would like some advice and referrals. Thanks!

like

CPA with strong SQL and python skillset. Anyone know a company hiring someone with my background?

like

I need help preparing for a Product Owner interview. Any tips on interview questions or general advice.

like

Had a incident when my manager accidentally sent a message to me, talking crap about me for taking time off around the holidays, during a busy time (I’m a remote worker with 2 kids under 2). This message was intended for her boss. What should i even do about this? The culture is very unprofessional and I’m thinking about sending my laptop/equipment to the lobby first thing come Monday. Any advice would be great!

likefunnysmarthelpful

What do you consider to be a toxic work environment, exactly?

like

Can someone tell me the culture at Accenture in Seattle? Honestly? Specifically the dev/software engineering. Are you all working hybrid? WFH full time? Are you micromanaged? Do you enjoy your work? Accenture

like

Hi! When Microsoft opens a position in 19
Locations including remote - what does this mean? Will the selected candidate be remote if not in Redmond?

like

Are there any micro-housing apartments in the South Bay that you recommend?

Does anyone have any decent co-living places you recommended? I don't mean the stuff 20 people in a small house hacker houses.

Does anyone have experience with the manufactured home communities in Mountain View?

like

Question to immigrants with parents overseas. Anyone has experience getting their parents approved for tourist visa while immigration petition for parent is pending (I am US citizen, moms case is slowly moving and I desperately need her come visit). She’s had 15+ years on tourist visas but worry we’ll be denied this time due to “immigration case in progress”. Appreciate any tips and anecdotes.

like

Has anyone been on a wellness retreat before? Lots of anxiety and my therapist suggested going to one to help, but they're pretty pricey. Wondering if they're worth it/anyone have reviews or recs for some affordable options?

like
like

I currently work at Microsoft and am interested in hearing about the experience of anyone who has left Microsoft to work at another company. Where did you go and why? How does it compare? Are you happy with the move?

like

Are Amazon phone screen interviews with the hiring manager heavy with Leadership Principle questions? Or is that mainly saved for the panel loop?

like

Amazon (AWS) vs Microsoft? Interested in culture, WLB, stability, long term progression.

Offers are more or less equivalent in compensation - L6 at Amazon (Sr. PM) and 65 at Microsoft (Director). Non technical roles, starting as individual contributor and incorporating staff later on.

Advice much appreciated!

like

I’m starting a new job and want to splurge on my home set up. What are some WFM items I should invest in that have helped y’all be more productive?

like

Microsoft 🐠 I just accepted an offer to be a technical specialist (pre-sales). Was curious what the typical annual stock award is? Recruiter said between 0-60k (vesting over 5 years). What’s typical, 50% of that? Thanks!

like

How much weight do you give Glassdoor and other employee reviews? In the process for a referral interview, looked on GD, and the company had a 2.9 with 0% approval of their “young CEO”. Flags included toxic culture, overworking employees, smoke and mirrors hype. It is an agency startup though, so a heavy workload I feel is common. It’s also closer to the field I want to be in, but does not sound like a coaching environment. Should I go forward or just politely decline?

likeuplifting

Looking for some information on LeanIX or working for international companies. LeanIX is a German company and from what I’ve gathered, base salary isn’t that great but bonuses are larger. They also are able to keep their staff during difficult times from what I’ve been told as well.

I’m looking to transition into tech so this may be a good stepping stone? What are your thoughts on taking a smaller salary for this purpose? My dream company is Atlassian!

like

Hello,
I am looking for associate product management roles (based in India or remote). Please DM me if your org has openings/referrals available!

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal