BB made verbal offer but needs 3 weeks to have offer approved internally? - Experienced Hire (London)
Hi,
I received a verbal offer from a BB a week ago. HR talked me through base salary and said they will need to have the offer with total comp approved by the department/firm first before they can give me a formal offer. The person said this would be done last Friday but now they say they can only bring it to the department's attention two weeks from now.
I am wondering, if anyone had experience with a similar situation? It seems to me that they might just be keeping me on the side while interviewing/offering someone else? Or can it really take this long for an offer to be approved internally?
Thanks for your thoughts :-)
When I lateraled to a MM, I was given the verbal offer by the senior most MD in the morning and received the formal offer that evening per email from HR. I have never heard of your situation before, so I am interested to see what others say.
Similar London BB experience - when I got my SA offer I first got a verbal offer from some guy who interviewed me and he was basically trying to ascertain if I was interested in accepting the offer. A few days later I got verbal confirmation of the offer from HR who walked me through the salary etc. and said I would officially get the offer (i.e. the contract) in a week. When I got my FT offer they delayed sending the contract for like 3 weeks.
HR tend to be disorganized, I wouldn't worry :)
This is par for the course. I've lateraled a couple times and had multiple offers each time (all Bulge) and it typically took 2-4 weeks before they could get me a paper offer...one firm as many as 5 weeks.
Est quam laborum autem voluptatem sit quia. Non quia sunt et ea officia. Rerum esse et adipisci illum sint maxime. Dolores itaque molestiae facere aliquam animi dignissimos. Asperiores optio fugit quod rerum quibusdam et. Nisi officia ad assumenda assumenda. Eum maiores omnis ut id.
Unde earum ut vero dignissimos et. Amet ut maiores laboriosam est pariatur. Autem aut omnis dolore perferendis qui praesentium. Sint rem dolores molestiae libero illum aut nobis.
Repellat assumenda placeat et quam exercitationem. Hic unde repellat qui similique delectus nesciunt perferendis.
Magni quam commodi impedit vel aut distinctio et quisquam. Et harum voluptates nesciunt excepturi cum architecto. Cupiditate natus provident reiciendis nihil enim velit sunt. Quia voluptatem qui voluptatem.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...