Hi everyone I recently signed an offer letter from Ey dubai, and was is middle of onboarding before the covid 19 uncertainty came in.
I just wanted to know if they can rescend my offer letter.
According to HR leadership is taking decisions and they will inform me as even the government is not issuing new work permits.
Kindly help. Thanks.
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Hi, the situation is very uncertain at the moment and companies will react differently accoring to their own specific situation (e.g regulation, financial)
I know that Kearney are rescinding offers in certain geographies (e.g. US), In Indonesia, Bain is not rescinding offer from a foreign candidate I know but possibility to start later or start remotely from her home country as Indonesiana government hold off all working permit process to focus all resources to fight Covid-19.
So I would recomment to keep in touce with the firm, read about the development of the regulations in the country so you can have a knowledagle conversation when they raise the Visa / regulation issue.
No harm to also prepare some options like working remotely while Covid-19 is still ongoing. It is now the norm in Indonesia and new hires are directly working remote for a project.
Hello!
At this point, the situation is evolving so fast that it´s difficult to predict, since the situation changes day after day.
Logic sais that, as well as clients are slowing down... so will consulting companies. This will inevitbly lead to a slow-down in hiring -but not a total freeze, as there was not a total freeze after the fall of Lehman-.
Since you are already doing the onboarding, I see it EXTREMLY DIFFICULT that they rescind your contract. However, when VISA issues get in the picture... things can turn ugly.
How are you atm doing the onboarding? Remotely? Can you actually work remotely wherever you are until the VISA issues get fixed? This is the key thing.
Wishing you luck!
Cheers,
Clara
Hi Clara. Thank you for the reply. My onboarding just started as I got a welcome email and contact with my onboarding agent. According to her, she can not do anything unless the visas open. As I am located in a different country and already on a job, so everything seems to be on halt right now. They have also given me an access to their onboarding portal but nothing more.
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Hmmm I see... then, I don´t think they would rescind your contract, but postpone the starting date. Good luck!
Hi,
This indeed seems unlikely given the contractual commitment, however, this is a very specific situation that can be categorized as force majeure. Having said that, in my opinion, it is unlikely that they will rescend the offer as EY most likely would want to save face.
My recommendation would be to call them and position yourself as being flexible and willing to work around this situation. It is likely that they will freeze your start date, as alternatively you would be on the beach.
Hi there,
I don’t think any major firm is likely to rescind offers for the following reasons:
Given what HR told you, they may have to postpone the starting period due to government issues, however as mentioned I don’t think it is likely they can rescind the offer.
Best,
Francesco
Hello,
It would be extremely difficult to rescind the contract, if it's a full-time offer. Once that they send you the job offer, they are formally committed to it.
In the worst case, they will stop recruiting and they will postpone the start of the offers already sent. They will have an high turnover, as always, and if they dont wat to decrease the total number of consultants it's enough to wait for some months before getting new hires.
Best,
Luca
Hi,
unfortunately, nobody now is able to predict the precise effects on each business. The 2 true facts today are that interviews are taking place regularly but online instead than face to face, and that many new consulting projects are being paused. Therefore if this lockdown continues for long it can cause a shrinking in new hires.
Best,
Antonello
