Friday, June 25, 2010

INTENT OF OFFER Vs OFFER

Intent of offer shows the primary state of offer which shows only the interest of company for holding the candidate with no conditions so that he may not further searching jobs anymore.
But in case of offer letter there is a certain terms and conditions for the candidate by the employer.Again if the candidate will be satisfy with that condition and sign it then it turns to an agreement or contract.
1)yes by cancelling the job offers would reflect the brand image of company in future,but in this case whole wrld is in economic crises, so it may not reflect to that extent as in normal case but to avoid it company could extent the joining date for andidate.
2)Here if we logically infosys spoke person was right as the term "INTENT OF OFFER" but i think it should be clearly mentioned at that letter or at the time of recruitment,so thet there will be a transperant to all.
3)In that case i would have first gathered the information about economy history as well as placement history,so that we can compare rise/fall of economy VS rate of placement in that company.
Another thing i would suggest company instead of cancelling the job offer it will be better for both to extent the joining date and which can be batch wise.Lets take an example:- if there are 100 candidate from different university like IIT,NIT,Govt College,Private College etc.so w can divide it into some groups of (say 30 no.)from IIT and NIT candidate those who join after 4 months later,govt college group (say 30 no)may be after 8 month later and rest may be 12 month later...like wise...
Also we can suggest the comp. by an alternative of instead of cancelling job offer thay can reduce the anual compensation.

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