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This week I have signed a contract for a new job, however at the last minute another interview came up and I have been offered more money for a very similar role. My question is, how big a deal is it to back out of a job contract before you start the job, and what is the best way to do it?
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For more on marking an answer as the "Best Answer", please visit our FAQ.I've checked the contract and it says there is a one week notice period within the first month, but it doesnt say whether this applies if you leave before the start date.
The industry is IT so I dont think there is much chance of my name getting out there as people rarely need to communicate between companies. I can tell you it is a massive stress though.
I'm sure there are people more knowledgeable than me about this but if the notice period is only 1 week, why not be honest and tell them that you have been offered more money for the same job. They may offer to march that. If they won't cough up any more cash, worst outcome is they want you to work for 1 week - I doubt very much they would bother to force this - why would they want to go to the bother of paying you for just 1 week.
I have heard of people working for just their notice period when first starting as they continued to have interviews after accepting. They would probably rather you told them the truth - maybe they aren't offering a decent salary and someone else might poach you in a few months anyway. I don't think backing out is a huge deal.
I probably would go with the original job if they offered me more money as its 2.5hrs less work a week. I would just think that its not the best way to start somewhere new, threatening to walk out on your contract unless they pay you more money.
I do agree that your not going to develop a reputation in IT as its not that sort of industry. What does worry me is the recruitment consultants doing their level best to find out where my new place is and disrupting the deal. I've had them do similar sorts of things before, so I don't trust any of them in the slightest.
You could contact them and suggest that you will accept a weeks wages in leiu of notice as you've found another job. They will be so appalled at the prospect of having to pay you for not actually taking the job that they'll be happy to let you go!
..... I wonder if you could make a career out of doing that..??
I would have thought that the point of a start date on the contract is to state when the contract starts. There's no way they'll have me in for a week though, would be biting of their nose to spite their face.
I am just going to phone them and say that I have had second thoughts about leaving my current role. I want to leave it on as good terms as possible in case something goes wrong with the other job.
From an employer's point of view this is horrific.
They will have spent time and money in advertising, writing to candidates, interviewing, paying travel expenses in some cases, and presumably telling unsuccessful candidates they haven't got the job etc, and they have to start the whole process over again.