Letter of Intent Vs Offer- My Views

1. Do you think "Cancelling the Job Offers" at IIT Mumbai would affect the "The Best Employer Brand Image" of these firms and thereby reduce their competitive advantage?

My answer to this question would be YES, as with this kind of callous attitude and approach, it would not only tarnish the image but also kill the business. By and by would anyway reduce their competitive advantage. The product of IIT are considered to be the Crème de la Crème, therefore playing with them would seriously set a wrong interpretation in the job market it may discourage others not to participate let alone with enthusiasm as it is a direct defeat of the BEST by the BEST and would definitely bring out a disadvantageous environment the job market if not lost its sheen instantly but certainly in time to come.

With the onset of recession if these kinds of cases are reported then it is evident that these sorry stories are the product of recession or economic slowdown, but on the other hand if this kind of an irresponsible attitude continues to be seen or heard PRE - or POST recession period then it is but an excuse and double play by these brands as we can read from the given case, this news was reported before “R” May 2002 while the recession begun by the end, December of 2007.

2. Do you 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"?

It is apparent that the spokesperson of Infosys is not too clear about the entire incidence which is perhaps not true he may be trying to shield his misdoings, in the name of "LOI" these big name just casually make best use of their brain while the students’ career are at stake in the worst situation someone of them have lost the opportunity to apply afresh in the foreign university or at best apply in an equally a good organization as seen in the case of a student.

The actual experiences shared by two graduates of IIT as sufferers, Infosys Spokesperson differs with them and on the contrary presents the case as far from true which is an absolute a lie, he has indeed played with the career of meritorious and bright students, Ashwini Tank from Jaipur and Rahul Joshi of Jharkhand to name a few express their frustration and anger towards the company. Intent of offer has entirely been misused by these big players in fact these confusing terms should be out rightly striked off as this is more suitable or apt in a business deal than in an ordinary recruitment or job placement opportunity as it works against the interest of the student while on the other hand is only helpful to shield their offense culminating into distrust and annoyance amongst the students who toiled hard, along with them the entire family struggled to help excel in their studies amidst a great struggle but the struggle continues when they come in direct contact with those who thinks more about these terminology than students and these big brand mislead and gives out a careless and wrong statement.


3. If you were the placement coordinator at IIT, Mumbai, what would you do to resolve the placement issues present in the above case?

The responsibility lies on the shoulder of the internal policy makers of the institute, as in the case of IIT, it is the onus of the institute to assure students of their jobs, incase of on-campus recruitment, failure by the company as in the case of Infosys would surely attract penalty and not only that, assurance of the right placement should be given with the tangible result immediately in another organization failing it would not only de-motivate the students but also be their waste of time, money and energy. When the internal policy and infrastructure is sound and firm which works for the best of interest for the institute and students the external factor would have least impudence to act injudiciously and could be least a reason for further cause of concern, there would be in fact no room for such kind of a crisis on the contrary the recruiters would think twice before approaching the institute for their Le Crème de la Crème. The system needs to be changed within and prosperity is assured without.

If I were the placement coordinator at IIT, Mumbai I would have appointed an Ombudsman or a Representative who could in turn play a trusted intermediary body between the institute and the organization for the best of the interest of both the parties. I believe in dialogue and shall always advocate that a right communication with timely action definitely go a long way and do help resolve the crisis.

4. Have you or any of your friends gone through similar experience where the job offers or intent of offer has been cancelled by the prospective employer? If so, how did you or your friend handle the issue?

NO not so far, had it been the case, I would have had taken care to apply in other organizations as well as I consider nothing is certain or believable until it is there.

I quote a Sanskrit shlok to best describe my opinion
“Yodhravani parityajya adhravani nishavate dhruavani tashya nashyanti adhra… … nishevate”.
Please do excuse me for little incorrect

That is “In life there is certainty and uncertainty. We swing between these poles, if one chases uncertainty at a cost of a certainty then what may be certain in life is also lost to uncertainty”.