High Fliers Research, who specialise in reporting on trends in the graduate recruitment market, has found that the number of graduate jobs is at its highest level since 2005. Leading employers increased their graduate recruitment by 7.9% in 2014 and are predicted to have increased this by a further 8.1% in 2015. Whilst competition between employers for good recruits grows, High Fliers also found that more graduates are reneging on job offers after receiving a later job offer from another employer. This is particularly prevalent amongst applicants to accountancy firms.
The pattern of reneging on job offers is also occurring in other areas of the job market. OnRec, the online recruitment magazine found that 60% of hiring managers surveyed in UK SMEs said that they had offered a job to a candidate in the past two years which was subsequently declined. 34% of employees surveyed admitted to changing their minds and turning down a job after first accepting it. See:
Our career coaches will point out the reputational damage you may suffer by turning down a job offer after accepting it. It’s not just the potential employer who will be disappointed, but also the recruitment consultant if a recruiter was handling the position. You may be burning some valuable bridges by going back on your word. We understand the moral dilemma you may face when you are offered a position whilst waiting to hear back on another job you really want. Our career coaches will provide you with an objective sounding board to help you make the right decision.