Ghosted by HR regarding return offer

So, I finished my summer internship this Aug and was given excellent feedback from everyone I've worked with there (several managers over a rotation). When I asked about the timeline for their offer decision, they told me I'd have to wait for a week because the MD was out. But my manager said "don't worry it's going to be good news obviously". Followed up a week later: HR ignored me but then told me that I'd have to wait a little more since the group was figuring out headcount for 2025. It's been more than a month now and nothing is happening. 

Is it normal practice to leave the candidate with no information whatsoever? If it's a 'no', why can't they just say it? Can budget planning for new hires actually take 8 weeks? I'm so confused. I would assume that even a 'no' would be communicated to me directly, is that a silly assumption?

2 Comments
 

Based on the most helpful WSO content, here are some insights regarding your situation:

  1. Normal Practice:

    • It is not uncommon for firms to leave candidates without information for extended periods. This practice is often referred to as "keeping a candidate warm." Essentially, they may be waiting for a response from their top choice before making a final decision on your offer. This can be frustrating but is a longstanding practice in recruiting.
  2. Communication of 'No':

    • Ideally, firms should communicate a 'no' directly to candidates. However, many professionals prefer to keep candidates in the loop without giving a definitive answer, especially if they are still figuring out their headcount or waiting for other candidates to respond.
  3. Budget Planning:

    • Budget planning and headcount decisions can indeed take a significant amount of time. Internal processes, such as determining the number of hires and aligning with the overall budget, can be lengthy and complex. For instance, one user mentioned a situation where the hiring process was delayed due to internal changes and legal clearances, which can extend the timeline considerably.
  4. Your Situation:

    • Given that you received positive feedback and were told by your manager that the news would be good, it is likely that the delay is due to internal processes rather than a negative decision. However, it is always a good idea to follow up periodically to stay informed about your status.

In summary, while it is not ideal, the situation you are experiencing is not unusual. Firms often take time to finalize headcount and budget decisions, and they may delay communication until everything is confirmed. Keep following up politely to stay updated on your status.

Sources: Current IBankers: What would you do if a summer candidate reneged another offer to sign with your firm?, Is it alright to request for a few days to consider when receiving an offer?, Waiting For Official Offer For Two Months Already, Why do people not get return offers?, Recruitment Set Back To "Normal"

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Eius doloribus consequuntur voluptatum quidem. Molestias libero nemo provident nulla. Nesciunt et perferendis earum sit. Vel similique qui doloremque molestiae minima.

Nostrum in inventore et in rerum. Quo provident qui pariatur neque quaerat eius eius. Quos velit odit dolor. Perspiciatis at et quia non dolore rerum. Vero accusamus recusandae qui. Recusandae sapiente vitae quia id.

Qui quaerat illum assumenda sed sunt ullam accusamus. Delectus soluta consequuntur rerum. Natus delectus voluptatem ut molestias dolor aut.

Magni quo quis distinctio qui. Dolorem consequatur sed autem voluptatem perferendis provident. Unde veritatis exercitationem ut veniam suscipit suscipit. Eveniet qui eum in quis.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $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

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...”