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Rejecting Offers

 
Suresh Kumar
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Hi,
As per the current market, mostly everyone is holding more than one offer when they planning to look for change. As we know we have to give them a written confirmation to receive hard copy of the offers from them, how can we reject once we are accepted.
Can we inform to another company that I am holding 3 offers currently, don�t they think that bad on us. Can you please share your thoughts how we can reject offer (how long we can hold that)..
Can we ask more money to the company which given us the offer already (which we accepted for that CTC) ?
 
Mark Herschberg
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I am unaware of any US law requiring written notice for declining a job offer. I don't even know it to be the de facto standard in any industry in the US.

Other countries may have different laws and standards, but since you posted on a US basedsite, we all assume you're talking about US companies.

My answer: call them up and politely decline the offer.

--Mark
 
arulk pillai
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In Australia most of the recruitment are done via "Job Agencies" and you verbally tell your agent that you have been offered another position and you are not interested.

Also bear in mind that when you have multiple job offers you can negotiate your salary/contract rates. Having a middleman like a recruitment agent makes this task much easier.
 
Pradeep bhatt
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Mark ,

Just curious to know how things work in US. During boom, is it common for people to get multiple offer and then they negotiate for salaries with companies. Say some has offer1 and offer2. Offer2 is more than offer1. Do people call up offer1 guys and ask more ? Thank you.
 
Ulf Dittmer
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Originally posted by Prad Dip:
Do people call up offer1 guys and ask more ?

I wouldn't do that, nor would I hire someone who does this. It makes it clear to the company that your primary motivation is money, which means you may in any case jump ship if an even bigger salary beckons elsewhere in the future. Not the kind of employee a company wants to take on.
 
Mark Herschberg
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It's not just during economic booms; lots of time people get multiple offers. I agree with Ulf. And as I've said before, I don't always take the highest offer, even if the difference is five figures. If I wanted money, I'd work on Wall St. Rather I want challenge and intellectual stimulation and career opportunity--often a company has less flexibility in those dimensions because it comes from the role, culture, organizations structure, co-workers, etc.

I am much more likely to negotiate over things like role responsibilities, personal training budget, conference attendance, and other things that are less about money and more about personal development. In those cases our goals (mine and the company's) are aligned.

--Mark
 
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