Nirvana Consultants
These days lots of companies give Offer Letter without mentioning the Compensation Structure, this prevents the candidates from using the offer as an instrument to negotiate a better package from his current company. The Compensation package is shown to the candidates, discussed in detail and a signed copy of same is kept with the company and the same is handed over to candidate on the day of his joining. This works very well.
From India, Delhi
subhashish.datta@gmail.com
1

Dear chaitsip,
This kind of situation is very common in nature. You will face this kind of situation while doing Recruitment which will irritate you, frustrate you & one point of time you will start thinking to change your field, but believe every designation/job profile comes with its pros & cons hence relax, don't loose your patience & be calm. You cannot change any ones mind set.I am handling Recruitment since a long time & faces such unwanted situation everyday. My advice would be to avoid such situation is keep more candidates in pipeline so that if some candidates are not turning up, you can select some one from your pipeline. Best wishes for your future endeavor.

From India, Delhi
Nirvana Consultants
I think a very practical solution is to make two Offer Letters (OL). OL I will have all the details including designation and CTC being offered but the OL II will not have designation and CTC. Only OL II will be given to candidate and OL I will b signed by candidate and but will be kept with the employer. OL I will be handed over to employee the day he joins. This minimises the misuse of Offer Letter by the employee for negotiating a better salary on the basis of it. Some of our leading clients are practicing it very successfully. It works, believe me.
From India, Delhi
kiittuu
Hello,
We have been facing such situations in the past and thus invented an idea to over come this panic situation. In our organization whenever a candidate is selected, we immediately inform the candidate that we will not be able to give any offer letter or LOI. Rather we will issue an appointment letter (consultant agreement) 15 days after your joining. This way we have been benefited two ways. 1- Selected candidates who are genuine, they agree to the situation and will fully accept our decision. 2- Candidates those are over smart and have intentions of misusing our offer letter at their existing company or whatsoever, they simply reject our offer and go away.
So in both the cases its win-win situation for us as an organization. Once the candidate joins us we issue an appointment letter after 15/20 days of his/her joining. We are happy working this way and genuine candidates support us too.
See if this suits you and you can follow the same way.

From India, Pune
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