Do universities place sanctions on companies who rescind offers?
Curious on the topic. Universities punish students for reneging but do they "punish" companies for the same?
Curious on the topic. Universities punish students for reneging but do they "punish" companies for the same?
Career Resources
someone asked the people at my career center this recently and they said no. at the end of the day, the career center's goal is to help students get jobs. when a student rescinds, it hurts future students chances at that bank, which is why the career center hates that and might punish the student in some way. when a company rescinds offers, it sucks for the few students that might've had offers, but chances are that place will still be hiring again the next year, so it just doesn't make sense for the school to cut off relations with the company. they said if it was a regular thing then they might not let the company do OCR, but a once in a lifetime event like COVID or the '08 recession were such anomalies that the school expects the company will go back to hiring once things return to normal so it just isn't worth placing sanctions.