employer renegs on verbal job offer

After 3 rounds of interviews, I was recently offered a job by an HR representative at a major investment bank. I acepted the verbal job offer, which included salary, title by responding in writing.

What recourse do I have, if the firm now renegs on the job offer?

1 answer  |  asked May 6, 2005 4:12 PM [EST]  |  applies to New York

Answers (1)

David M. Lira
Reneging on an Offer

This is another example of the employment at will doctrine rearing its ugly head. Generally, an employer will be able to withdraw a job offer without consequence.

There is an exception, but it is very difficult to prove. You need to show that you justifiably relied on the job offer, and changed your situation as a result of your reliance on the job offer. An example of this might be that you got the job offer, sold your house, and moved.

posted by David M. Lira  |  May 9, 2005 07:48 AM [EST]

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