Thursday, July 15, 2010

Intent of Offer Vs Offer

Letter of Intent is basically a document illustrating the willingness of the employer to hire the candidate but may or may not turn into successful hiring. When we issue letter of intent that can never be treated as offer of appointment. Offer letter speaks about faith and trust from both sides, as employer you are confirming employee to join with you. If we issue 'Offer Letter' we will be legally bound to keep the employee but such boundation will not be there if we issue 'Letter of Intent'.
1. Intend of offer" word itself implies its only intending-to and not promising-to offer you a job in any of the company or the company in specific which is issuing the intend of offer letter. Thus, cancelling the employment of a selected candidate would not and should not affect "The Best Employer Brand Image" of these firms. Rather, in other case, if a company approves the offer of the selected candidate, it adds up to the image of the company, thus indicating the up-hill movement of the company and its deals. Also it depend upon the Economic situations of the company. During recession they have no choice but to cut jobs. There are circumstances in which layoffs are necessary for a firm to survive.
2. I think Infosys Spokesperson's statement was totally acceptable, as during the campus recruitment, Infosys gave out the Intend of offer letter to the selected candidates and not the offer letter as such. It was the responsibility of the candidates and Placement officer (in major) to look in each and every details of the company's offer and assure their stands on the candidates they select.

3. In that case, as a placement co-coordinator ,I should look at the micro details of these kinds of offer and give more options for candidates who have been selected in such criteria.
More options could include, pool campus, dream options, real offer letter option in case of candidate getting a intend of offer .I should be coordinate with the college(employee) and corporate(employer) and get on to a better solution or a fair agreement which has equal opportunity at both ends.
4. Yes one of my friend face the similar situation. She got the intent of offer letter from one of the company but after two weeks she received a regret letter from the same company .she didn’t lose her patient as she has already one more offer from a different company.

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