When looking for internships or full-time jobs, you are most likely applying to multiple places and having several interviews. That is great, but what happens when you get an offer early in the process? You might end up accepting that first job offer that comes your way because of all the excitement. However, a few weeks later, you may very well get a job offer from a different company you thought wasn’t going to hire you. You might be thinking that maybe you should reject the company you said yes to first. Before you do, keep on reading about the harms of reneging on your offer.
First, it is important to know what exactly reneging is. Reneging is a situation where someone accepts a job offer from a company only to decline it later for another opportunity. This is extremely problematic as it can have significant consequences on your future endeavors.
The first consequence that comes with reneging on an offer is that it reflects poorly on you. The company took the time to interview you, give you an offer, and most likely declined other applicants because of your acceptance. As a result, the company was counting on you to come work for them. Letting them down by reneging on your offer can have a domino effect, with the first one being that you most likely will never get a job offer from that company again.
The next consequence that comes along with reneging your offer is that there is the potential of getting blacklisted. What this means is that the company can tell other companies about you reneging on their offer. This will result in you having a bad name in the industry and can lead to other companies not hiring you because you reneged on an offer from another company.
Another consequence is that it can affect Bentley’s reputation. Companies seek out Bentley students because they know students are getting a top-notch business education. If students are reneging on offers, it can affect what companies think of Bentley. As a result, some may not hire students at Bentley University due to poor past experiences.
Overall, reneging on an offer is something you should not do. It reflects poorly on you and can affect your future and Bentley’s reputation. Before you accept a job offer, take everything into consideration so you are making an informed decision. If you do want to accept the offer, be sure to let the other places you’ve been interviewing know that you have committed before the next round. That is the best way to keep future opportunities open.
If you need guidance while making tough career decisions, our career coaches at the PCDC are always here to help. Click here to learn how to make an appointment with a career coach today.
