Accepting FT offer with no intention of starting
I finished an off-cycle internship a few months ago and just received a FT offer for 2024. However, the offer is not for my preferred location and arranging a position at another office was not possible. As such, I intend to recruit for positions at my preferred location instead.
Would accepting the offer give me more leverage with other banks or should I simply decline it since I would never start in that location anyways?
Thankful for any input.
If the offer is of reputable character, I would accept and simply resign once you have secured a more preferable offer later on.
In this market, having secured an offer gives you security while hunting for something else, which should not be slept upon.
If they cared about retaining you they would have given you your first choice location. Take the offer and continue recruiting. Renege if you find something better.
I'd agree with the other responses here - in this market, it might be wise to keep it. The only thing I'd add would be to pre-empt the question in your interviews with other institutions, and try to come up with another reason for continuing to interview other than "Not my preferred location" (as that, it's the sole reason, might resonate poorly with some interviewers)
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