Blog Archive

Dec 21, 2016

Candidates renegading on Job Offers

Quite a few of us may have faced this problem some time or the other where we extend an offer to a candidate, wait for 30-90 days for him or her to join because of their notice period only to be told at the penultimate day or a few days before their expected joining that the candidate is unable to join because he's got another offer or has been retained by the current company. More than the effort going waste, we also feel bad of being used in the process for the employees gain. Honestly we also do that often with our own employees when they present their resignation.

When this happens our expressions reflect a lot of frustration...I have heard comments of companies wanting to write to their present employer about their behaviour...as if it would matter, in fact they would be most happy. I have also heard a suggestion of informing his references about his inappropriate conduct; some also feel the need to take action against the employee and if not anything else give the candidate a piece of their mind on their unethical conduct.

Undoubtedly such behavior is most unnerving and can also have an adverse impact on plans and programs. This has happened to me often at Bluesky and I have tried my share of experiments to mitigate such possibilities.

I finally think I have derived a fairly effective way of ensuring a compliance to the offer and minimize the risk of back outs. I deliberately use the word minimize the risk and not eliminate the risk...

We have devised a way such that the candidate provides us with a Post dated cheque equivalent to an amount that is pre-decided and linked to the assignment and compensation.
The PDC is a security to ensure that the candidate joins and if he/she renegades, the cheque would be encashed.

Of course documentation is needed to manage this but all I can say this works far better than other options and alternatives. However if a candidate is willing to offer t you a PDC it reflects his/her seriousness of joining which is most important rather than the value of the PDC.

At the outset this action looks unprofessional, unethical, bad for company image etc. Well there is fair merit in those expressions too but if one isn't fine with such back out and where the stakes are high, one needs to think out of the box. After all in business what matters is what works and right now this is working.


P.S-I was passive in between due to some exigencies but commit to being more active. Please feel free to express on the blog

Regards

Don

1 comment:

Anonymous said...

Nice article

Post a Comment