Just one sec...
Hey there! Sign in to join this conversationNew here? Join for free to post

How to write a letter reneging on accepted offer

Announcements Posted on
    • Thread Starter
    Offline

    ReputationRep:
    I received an offer a few months back from a big Investment bank and I signed the contract. Since then I have received an offer for a job that I feel matches what I want to do more than the offer from before. I have decided to renege on the previous offer and will be calling them tomorrow to tell them I am reneging and why.

    I also plan to follow up with an email after the call. I was wondering what the best way to phrase that I will be reneging due to a better offer elsewhere is without being too vague or too up front about it. I don't want to make it seem like the previous offer was **** (it wasn't) or give away too much about where I will be working.

    Any help would be greatly appreciated.
    Offline

    ReputationRep:
    Could say you decided the financial industry wasn't for you and are going to join the army instead.
    Offline

    ReputationRep:
    (Original post by renege13)
    I received an offer a few months back from a big Investment bank and I signed the contract. Since then I have received an offer for a job that I feel matches what I want to do more than the offer from before. I have decided to renege on the previous offer and will be calling them tomorrow to tell them I am reneging and why.

    I also plan to follow up with an email after the call. I was wondering what the best way to phrase that I will be reneging due to a better offer elsewhere is without being too vague or too up front about it. I don't want to make it seem like the previous offer was **** (it wasn't) or give away too much about where I will be working.

    Any help would be greatly appreciated.

    To be honest if you're not going to join them, they probably wont care. The HR team may be interested but really that will just be for research purposes.

    It's a bigger deal for you, than it is for them. This happens all the time.
    Offline

    ReputationRep:
    (Original post by renege13)
    I received an offer a few months back from a big Investment bank and I signed the contract. Since then I have received an offer for a job that I feel matches what I want to do more than the offer from before. I have decided to renege on the previous offer and will be calling them tomorrow to tell them I am reneging and why.

    I also plan to follow up with an email after the call. I was wondering what the best way to phrase that I will be reneging due to a better offer elsewhere is without being too vague or too up front about it. I don't want to make it seem like the previous offer was **** (it wasn't) or give away too much about where I will be working.

    Any help would be greatly appreciated.
    just say your situation has changed and you won't be able to accept the offer anymore
    Offline

    ReputationRep:
    (Original post by renege13)
    I received an offer a few months back from a big Investment bank and I signed the contract. Since then I have received an offer for a job that I feel matches what I want to do more than the offer from before. I have decided to renege on the previous offer and will be calling them tomorrow to tell them I am reneging and why.

    I also plan to follow up with an email after the call. I was wondering what the best way to phrase that I will be reneging due to a better offer elsewhere is without being too vague or too up front about it. I don't want to make it seem like the previous offer was **** (it wasn't) or give away too much about where I will be working.

    Any help would be greatly appreciated.
    Tell them you are still joining, but as you have recently changed your name to 'M1011' you would like this reflected on the contract
    Offline

    ReputationRep:
    Why are you reneging when it seems you want the other offer anyway? Either turn it down or accept, don't play games with them. HR will entertain you, but the people actually making decisions won't care.

Reply

Submit reply

Register

Thanks for posting! You just need to create an account in order to submit the post
  1. this can't be left blank
    that username has been taken, please choose another Forgotten your password?
  2. this can't be left blank
    this email is already registered. Forgotten your password?
  3. this can't be left blank

    6 characters or longer with both numbers and letters is safer

  4. this can't be left empty
    your full birthday is required
  1. Oops, you need to agree to our Ts&Cs to register
  2. Slide to join now Processing…

Updated: April 23, 2012
TSR Support Team

We have a brilliant team of more than 60 Support Team members looking after discussions on The Student Room, helping to make it a fun, safe and useful place to hang out.

Poll
How do you sleep?
Useful resources

Articles:

Guide to investment bankingGuide to consultancy

Featured recruiter profiles:

Deutsche Bank logo

Deutsche Bank is recruiting

"Thrive in an international banking environment"

Quick link:

Unanswered investment banking and consultancy threads

Groups associated with this forum:

View associated groups

The Student Room, Get Revising and Marked by Teachers are trading names of The Student Room Group Ltd.

Register Number: 04666380 (England and Wales), VAT No. 806 8067 22

Registered Office: International House, Queens Road, Brighton, BN1 3XE

Quick reply
Reputation gems: You get these gems as you gain rep from other members for making good contributions and giving helpful advice.