Accepted and offer letter but want to rescind

Will I get blacklisted by the firm if I already signed the letter of appointment but want to rescind with like a valid reason, like pursuing further studies

Don't think theres any valid reason to renege lol but blacklist is a given I guess.

[Chua]

Rescind is a gilded way of calling what should be morally known as renege. Accepting a job offer and then refusing to turn up for work reflects badly on the consistency of your commitment. While it might not legally have any impact if the contract does not state any form of penalty, it shows how pliant you are in the face of perceivably better opportunities.

When you are given an opportunity, consider it carefully and think about your other options. Request for a timeframe to get back. Accept only when you are sure you want to take it up. Once you take it up, do your best on the role and move on after you have given your best for other opportunities to develop yourself further.

This is professional ethics. Even if the HR or hirer don't mind, does not mean you should do it. Having ethics is to do something right even though it is harder.

Doubt there will be repurcussions from reneging if you have started. (anyone correct me if I'm wrong, but I think mom did say if contract haven't start means it's not an employmer employee relationship yet)

Originally Posted by Unregistered

Hi all! Earlier on this year i signed a letter of appointment (which states the salary, leave, termination notice etc.). However, I've just received a better offer recently. The contract states that if I were to terminate the contract, i would have to give 1 months notice or pay the salary in lieu of notice. My contract starts in July. Will I be able to terminate the contract without paying now?

Hi, can I check did u pay for compensation? I just came across this and need some advice? I have sign with the clause saying if I renege after signing of the recruiter LOA and reject, they have to seek $3k compensation. This happen 6 months ago and recruiter now threaten to commence action if I do not pay. Will recruiter sue me?

Anyone encountered this before and any advise?

Originally Posted by Unregistered

Guys. I followed your advice and didn't show up. The agency called me I didn't pick up also. Blocked their number...

I just received a letter that looks like a lawyer letter informing me I have breach the contractual obligation and I have to pay them the compensation by end of April or I have to face the legal consequences...

Oh boy.. Now I have to find lawyer? Or pay the fine...

I ask my lawyer friend, he told me I should have went there on first day and don't sign the contract but renegotiate for a higher pay... Which the company will refuse. And since I won't sign and they can offer. So it will break the contract without any compensation...

Now who is going to fund my lawyer fee.

Hi can I know how is your case already? Do you need to pay? I have similar circumstance and I ignore them, not sure if Ignore will get me in huge trouble. Any advise from you?

Originally Posted by Unregistered

Anytime before day 1, just call or email to say you won't be taking up the position simple as thay
Don't be so kumgong and pay them 1 month's salary as compensation or whatnot.

Hi, you sound so confidence. Did you sign LOA with recruiter, renege offer and recruiter want seek compensation from you and threaten to sue?

Originally Posted by Unregistered

Precisely, unless you are some mover and shaker in your industry with huge sign on bonus, which coy will waste time and money to raise civil suit against you?

Hi, you sound so confidence. Did you sign LOA with recruiter, renege offer and recruiter want seek compensation from you and threaten to sue?

Originally Posted by Unregistered

after ignoring it for 3x, it will auto resolve . chill.

Hi, you sound so confidence. Did you sign LOA with recruiter, renege offer and recruiter want seek compensation from you and threaten to sue?

Originally Posted by Unregistered

Hi guys, I've recently accepted an offer at a small investment firm, paying a salary of 4.5k. As I was quite desperate at that point in time, I quickly accepted it and signed the contract.

However, recently I've gotten a better job offer with a higher salary and immediately accepted this offer too. So I when I was contacting the HR of the small investment firm that I intend to withdraw from the offer (about 1 month from start of the contract), they told me I needed to pay the firm compensation of 3 months salary in order to compensate them for the time and effort needed to source for another candidate.

When I refused, stating that this was not explicitly stated in the contract, they threatened to use legal debt recovery services to collect the amount as they have my personal information (like bank account, IC scan etc.)

What do I do?

Hi, can I check did u pay for compensation? I just came across this and need some advice? I have sign with the clause saying if I renege after signing of the recruiter LOA and reject, they have to seek $3k compensation. This happen 6 months ago and recruiter now threaten to commence action if I do not pay. Will recruiter sue me?

Anyone encountered this before and any advise?