Intent of Offer Vs Offer

Greetings to all!!

As the circumstance of economic slowdown, many things have to be taken care off as different organization adopting different new approaches to sustain the situations. In this regard I agree with the statement that "Cancelling the Job Offers" at IIT Mumbai would affect the "The Best Employer Brand Image" of the firms. As a renowned IIT institution the placement policy has to be clear about the campus recruitment because as a organization they produces the best quality of resource which is not easy to match and it has to be protected from all odds. The letter of regret from Infosys was real shock. As it says ‘‘Please inform the students to look for other options/alternatives and not to expect any employment from us,’’ it means given an opportunity Infosys is in an advantage position rather than best brains of IIT. The Intent of Offer is an intention of offering a job again it has to be more clearly defined as to how both the parties will be attached to their understanding; i.e. to make it an offer, else both can gaze for some superior offers. I would say with the best quality of brains, IIT Mumbai should go for healthier bargains from intent of offer to make it an offer where the institutions cum students moral will be high.

Against the 2^nd Question - Yes I agree with Infosys Spokesperson's statement that Infosys had not really cancelled any job offers since what they had given to the students was only "Intent of Offer" and this was possible as per the practices / approaches taken in the previous years. Given a chance Infosys has used its opportunities and having clear escape from the situation to make it an offer.

If I were the placement coordinator at IIT, Mumbai, I would have redesigned the campus recruitment policy with new timelines which would come out from a joint effort of the senior management of the institutions and the organizations interested to hire our best brains.

Yes, I had experienced myself while I got an intent of offer to join the Singapore based IT company. As Mr. Rahman had explained that was the scenario i.e. once I reach there with all my documents it would have been an offer. In the mean time the 11/10 episode explode all my expectation. Intent of Offer was never an offer. Still it took time to believe with the prevailing situation and there were no alternatives except to wrestle for next best offer.