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Can someone kindly connect me with Investment Banking HR/Recruiter/anyone willing to help? My friend interviewed for Goldman Sachs NY. Cleared the HireVue but didn’t get any communication further. It’s been 4 weeks now. Although the referral came from a VO but the division is different. My friend is looking for Investment Banking division. Need to get in touch with someone from investment banking to push the resume. The rolling process is hurting the chances.Thank you Goldman Sachs
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At the end of the day, your first obligation is to yourself and your family. If the second offer is better for your situation (financially or otherwise), and you haven’t started the first job yet, you need to take the second.
Most hiring managers, including myself, have been on the other end of that phone call. It sucks, but it happens… usually when a candidate rescinds their acceptance because their current employer made a counter-offer that was too good to pass up.
You will no doubt burn a bridge with that first company, but be honest. “As I’m sure you can understand, I was applying at several companies simultaneously. Very shortly after accepting your offer, I received an offer from another company. Although I was excited about the opportunity to work for you and your organization, the other offer isn’t one that I can turn down. Respectfully, I must decline the opportunity to work for you. I apologize for the headache that this may cause, and I wish you the best of luck in your candidate search.”
I have had this happen to me as a hiring manager and it is very frustrating and a waste of everyone’s time. You will definitely burn a bridge in my book, so you need to consider whether you would want to go to that company in the future. It is disrespectful to the first company and to the other candidates that they denied once you accepted the offer. Now, they have to repost and start over. Ideally, you should wait to accept if you are waiting for another offer. I would much rather hear you need a few more days, then accept and renege. Sorry, but I would not be able to trust to consider you again.
I don’t think it’s that serious as there is always a number 2 and 3 candidates so they can be called upon for the position you are declining. I also firmly believe that today’s hiring practices are generally unfair the the job searcher so there is zero way to know when or if offers are coming at all. Just last month I was offered a position on a Thursday to start Monday then received a call Friday afternoon that something came up and that they would call me the next week to get it all worked out, the next week no call so I left a VM but no return call, I felt confused and jerked around and had turned down another offer. Well a month after the first offer they called and asked if I was looking for work still then had me drive 30 minutes just to chat for 10 minutes and say ok start Monday then drive 30 minutes home, well I started Monday and it only took about half the day to realize that after giving me the job to learn they gave the job to another guy from a different location that quit after 3 weeks. I did my day learned all the red flags of the job and left never to return, didn’t even call them. We are humans with real lives that need and want to work employers can’t just play with us like they do.
Evaluate both right now. Is the better offer with the better opportunity? With better culture, job interest, opportunity???
You have to take the best option for you and your family.
I mean the first thing to do as a senior manager is clearly post it on Fishbowl and have a group of strangers make the decision for you 🤪
The answer is “The one with more money” but you already know that.
Happened to me a couple years ago. There were no reservations for me. I took the second offer without a doubt. While it is better to wait until you know for sure about other offers as another person stated, as a previous hiring manager myself, I understood and didn't feel as if the bridge was burnt. While yes, it is a damper on spirits when this happens as a hiring manager, to expect that one is only applying to one job is ridiculous. Therefore, it should be expected that this can happen. Additionally, in times like these, I can understand why an individual would accept the first offer received without considering pending applications. And finally, just as the process was difficult for me as a hiring manager, I viewed it just as difficult for the person applying. There were also times I could tell an applicant was just jerking the process around. However, I know my opinion is in the minority of hiring managers and leaders.
Lucky you
You'll choose the best one, Grasshopper.
It's important to always prioritize what's best for you and your family. Recently, there have been instances of candidates withdrawing their acceptance of a job offer after starting their first day. While there are numerous employment opportunities available, it's important to consider that this action may result in being overlooked for future opportunities with that company.
Take the better one. People will tell you it’s rude to the company to reject, but — in this market — we can’t always afford that.
Be sure, and certain the other role will come through and then tell the other company asap so they can continue with other candidates.
Look out for yourself and your family and take the better offer. Remember, companies don't give two $h*ts about their employees and would be quick, without hesitation, to can you or lay you off.
What is so hard about doing what is best for ourselves? No company is going to do what is best for you only you can do that. Take the job that you believe is the best situation for you.
If you are a Senior Manager, you should be able to make this decision without asking the community. Use your decision making skills,
I find it hillarious that someone suggested you'd be "burning bridges". I had 2 job offers, and the first one absolutely expected me to be "Omg, thank you for the opportunity to work 12-14 hr days and travel 40%, I'll take it because it pays more!"
Instead, I chose a position that gave me a 40 hr work week. Not as much pay, but I'm with my family and not MIA 40% of the time
Subject Expert
You can always back out if the other offer is better and you want to take that. You have to do what’s best for you. If you’re gonna back out, I would just say, do that as soon as possible. Don’t delay.
There's a lot of context that you haven't shared...
What's the difference in $$$?
Which company has a better culture?
With hiring mgr do you have better rapport with?
What's most important to you? Money? Work life balance? Opportunity for growth?
Consultant 1 has already said it best on this question.
And...
...Write down the relevant factors to be able to visualize your "balancing sheet".
You absolutely need to do what’s best for you and your family, whatever that is. The scenario is not ideal and if you thought this would be a possibility, you try to hold off giving an answer until you conclude your process in the future (works both ways) That said, this a common occurrence and under no circumstances should too bypass something that is truly best for you. It’s not fun but no reasonable person expects anyone to do that. Just handle it in the most professional way possible.
Pick the best opportunity for you! is The values of the company based on what your values are? if so they will treat you well. BE HONEST with the one you don’t take that way you don’t burn bridges. Never know they may make you a better offer. They will understand & obviously you are looking for a job….so why wouldn’t you have other offers? Good Luck 👍
Accept both
Go with the one that pays more with full benefits.