{ "media_type": "text", "post_content": "Is signing an offer letter a binding agreement? They are really pushing me to sign as soon as possible but I haven’t given my two weeks at my current employer. If my current employer bumps my pay to the offer letter I may reconsider and renege on the offer letter.", "post_id": "607c5551201a3e002847b569", "reply_count": 12, "vote_count": 1, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting", "feed_type": "crowd" }

Is signing an offer letter a binding agreement? They are really pushing me to sign as soon as possible but I haven’t given my two weeks at my current employer. If my current employer bumps my pay to the offer letter I may reconsider and renege on the offer letter.

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You can back out, but that would be poor form and lock you out of any opportunity at the new company henceforth.

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Most places don’t actually blacklist you if you have a good reason or handle it professionally. Say something like “My current company exceeded your offer and made other concessions and it’s just best for me and my family to stay where I am.” People don’t love it, but they’ll still hire you again in the future. I’ve seen it many times.

I’m assuming you went on a job hunt with the intent to leave your current firm. If there’s an ounce of you that has the desire to seek something new, then why not just take the new opportunity? Don’t let a counter offer change your mind

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I agree except I would replace “rarely” with “never”.

If you sign and then renege, the company might blacklist you. But, I don't think there is any case for a lawsuit here...

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Depends on how bad you want the new job. Is the new job important or are you switching just for more money? You will not be able to negotiate with the new company once you sign the offer letter. So I would suggest talking to your current employer ASAP. Also, usually when I’m pushed too hard to sign an offer letter, I think it’s a red flag.

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No, it is not a binding agreement that says you must work there for a certain amount of time. In the US most employment contracts are “at will” and you can be fired at any time for any reason or no reason. Same is true for leaving the job. Unless there’s a clause specifying a term (length) of employment.

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Just remember it’s not common but I have heard of situations where people signed a offer letter and cleared the background check and the company still pulled the offer. At the end of the day just do what’s best for you because the company will always do the same

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Put in your two weeks and see what happens. It might be a risk. I was in a similar situation years ago. I got an offer, didn’t sign it, told my employer here’s my two week notice, they came back and matched so I stayed, told the other firm sorry but my circumstances have changed and cannot accept. Everything was fine. This is pre Covid though and people and more reactive/sensitive now so your hesitation is smart.

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Employment at will in most US states so no, you can leave at anytime just like they can fire you (renege) at anytime as well

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Nope. I once rescinded my acceptance the day before my start date..

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test on 1.1.5!

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Not crashing anymore.

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Looking good! Create post animation looks great too and so does the character count!

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Post for likes

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test post from test

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Just moved to the city any job postings in the lab arena?

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Part of the crowd. The briefcase doesn't show in post details though.

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Still not seeing location in the post window when turning it off.

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