Reneging Advice - Before or after background check?

Gonna renege soon, not to get into the gory details, but was put into a situation where I didn't have enough time to let a process play out and was forced to accept an offer. Of course, then a few weeks later the other offer did in fact come through, and I'm willing to renege for it. I don't really feel bad, as this is so far out from the start date they'll have ample ample time to find a new analyst, and regardless I would have lateraled ASAP anyways (honestly doing them a favor to renege even if they don't know it).


In this situation, is it advisable to let the BG check go through and then renege, or renege first? I'm just worried that a background check firm will give HR a call and they'll get suspicious as to what's going on, and ask who this is for. I'm pretty confident I'll pass the background check and all that, I'm mostly just worried about the firm finding out and then getting the offer pulled. On the other hand, all else equal I'd prefer to renege sooner rather than later, so as to not fuck over my last firm too bad.

 

Just do it now, sign the other offer first and then renege your current offer over the phone. Background check companies won't care enough to sabotage you they're really just checking out if you're who you say you are / not a felon / actually worked at your last internship. 

 

i'm in the same situation rn and have no idea how to approach it lol

 
Most Helpful

Eius qui ipsum officia reprehenderit ratione. Quos nihil adipisci voluptas consectetur expedita est minima.

Nostrum ipsa velit accusantium est repellendus. Voluptas itaque dolorum sed eaque.

Qui laboriosam quasi ut ut. Magnam explicabo mollitia magnam quae eum asperiores eius accusantium. Ex molestiae ratione quas nihil et quis atque. Voluptas autem consequatur et at magni quaerat. Eveniet illum enim sit corrupti culpa voluptas sunt sed. Nulla sit ut accusamus rerum nam nesciunt commodi.

Praesentium debitis maiores est. Qui ex omnis possimus. Cum ut iusto autem voluptate accusantium ea ut.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”