Your job offer has been rescinded. Now what do you do?

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“If a job offer is rescinded because information is uncovered in the final reference checks or due diligence, then it’s going to be very difficult to rebuild trust with that company,” Doody indicated.

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“If this happens to you, consider it a lesson for the future to be more honest in what you communicate about your skills and experience.” 

What if an offer was canceled due to financial issues on the firm’s end?

In some cases, a job offer could be withdrawn due to a contingency situation — such as funding that wasn’t secured or an account that didn’t land that would have supported your intended position.

“If a job offer is withdrawn due to budget constraints or financial reasons, you can bet they are feeling despondent, too,” said Peggy Klaus, a leadership expert and communication expert. She is president of Klaus & Associates in Santa Fe, New Mexico. 

man working at laptop

“If you want to keep the possibility of future employment open, inquire about revisiting the offer at a later time when circumstances improve, and make sure to follow up on a consistent basis.” (iStock / iStock)

She is also the author of two bestselling books, “BRAG! The Art of Tooting Your Own Horn Without Blowing It” and “The Hard Truth About Soft Skills: Workplace Lessons Smart People Wish They’d Learned Sooner.”

“Express empathy and understanding, and if you want to keep the possibility of future employment open, inquire about revisiting the offer at a later time when circumstances improve, and make sure to follow up on a consistent basis.”

What are the recommended steps before quitting your job? 

Don’t quit your current job without a new offer in writing and all the paperwork has been signed, explained Doody. 

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“Of course, there’s no guarantee that after you quit your job, the new job offer might be rescinded,” she said. 

“However, you can minimize the risks of finding yourself unemployed if you wait for as long as possible to quit your current job,” she said. 

What happens if you already gave notice at your old job?

Again, it’s crucial to remain calm, said leadership expert Klaus. 

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“It’s really difficult not to feel unsettled when a job you thought you had has fallen through, especially if you’ve already given notice at your current job, and not react impulsively,” she said. 

Here are some tips for executing a smart strategy.

1. Assess the feasibility of extending the notice period at your current job

While your employer may not be receptive to keeping you on, it’s worth a try, Klaus said. 

man working from home

If you can’t return to your old job, try seeking temporary employment while continuing the job search, said one career expert.  (iStock / iStock)

“You don’t know unless you ask. Maybe your boss is having a hard time filling your niche position — or if you’re a superstar, they may want to keep you for as long as possible.”

2. Consider an interim role 

If you can’t return to your old job, try seeking temporary employment while continuing the job search, Klaus recommended.

3. Work your network 

Reach out to mentors, colleagues or professional networks for advice and support. 

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“Their insights and perspectives can offer valuable guidance during this challenging time,” Klaus added. 

4. Use this situation as a life lesson 

Continually reassess your job search strategy. 

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“Identify areas for improvement and refine your approach to increase your chances of securing a suitable opportunity in the future,” Klaus noted. 

5. Remain positive

Remember that setbacks are temporary and trust in your abilities to overcome challenges and find a rewarding career path, said Klaus.

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The bottom line: Navigating the complexities of a rescinded job offer requires a blend of professionalism, resilience and strategic thinking, said Klaus. 

“By understanding common reasons for offer withdrawal, remaining composed during challenging circumstances and evaluating available options thoughtfully, you can mitigate the impact of setbacks and chart a positive course toward career goals,” she said.

For more Lifestyle articles, visit www.foxbusiness.com/lifestyle.

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