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Got EP from new company but don't want to join

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rajesh2727
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Got EP from new company but don't want to join

Postby rajesh2727 » Mon, 03 Jul 2017 11:42 pm

Hi,

I work for a company A in Singapore. Recently I got another offer with company B and I signed the offer. They got the EP approval. Now, I decided to stay back with the company even though it pays less but felt like it is more secured than the new company B. What kind of consequences I have to face by not joining company B. Still, I am in notice period and didn't inform company A that I want to stay back. Based on consequences I will decide. Please advice.

Thanks

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ecureilx
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Re: Got EP from new company but don't want to join

Postby ecureilx » Tue, 04 Jul 2017 7:00 am

rajesh2727 wrote:Hi,

I work for a company A in Singapore. Recently I got another offer with company B and I signed the offer. They got the EP approval. Now, I decided to stay back with the company even though it pays less but felt like it is more secured than the new company B. What kind of consequences I have to face by not joining company B. Still, I am in notice period and didn't inform company A that I want to stay back. Based on consequences I will decide. Please advice.

Thanks


Consequences ?

Depends how company B will accept your refusal to join after they applied EP and how company A will move when you say you want to stay.

Does that help make a decision ?

rajesh2727
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Re: Got EP from new company but don't want to join

Postby rajesh2727 » Tue, 04 Jul 2017 9:22 am

ecureilx wrote:
rajesh2727 wrote:Hi,

I work for a company A in Singapore. Recently I got another offer with company B and I signed the offer. They got the EP approval. Now, I decided to stay back with the company even though it pays less but felt like it is more secured than the new company B. What kind of consequences I have to face by not joining company B. Still, I am in notice period and didn't inform company A that I want to stay back. Based on consequences I will decide. Please advice.

Thanks


Consequences ?

Depends how company B will accept your refusal to join after they applied EP and how company A will move when you say you want to stay.

Does that help make a decision ?


I can manage company A. In worst case scenario what will be the reaction of company B? Is there any legal consequence? can I simply forget them and IPV will expire in six months?

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Wd40
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Re: Got EP from new company but don't want to join

Postby Wd40 » Tue, 04 Jul 2017 9:38 am

Don't worry about about any legal consequences, just be clear what you really want to do and make sure that company A will be happy to have you back. If not, then you may be neither here nor there. Company B is unlikely to do anything, they would not force someone to join who is not steady enough to make the decision. But tell them your decision early so that they can offer the next qualified person. I don't think they will have any hard feelings. The next qualified person probably needs the job much more than you. He will thank you for backing out. The company also will thank you for backing out if the next person turned out to be a better fit.

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brian_singapore
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Re: Got EP from new company but don't want to join

Postby brian_singapore » Tue, 04 Jul 2017 10:12 am

Agree with WD40 - however.... I would not just pull a runner and not show up for company B. It sounded like you were implying you might do this (letting your IPA expire).

That kinds of thing tends to eventually catch up with you and while it's very common in India, it's not the norm here.

If you already have your IPA, then I believe you would also need Company B to cancel the EP so that Company A can re-apply.

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ecureilx
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Re: Got EP from new company but don't want to join

Postby ecureilx » Tue, 04 Jul 2017 10:32 am

rajesh2727 wrote:I can manage company A. In worst case scenario what will be the reaction of company B? Is there any legal consequence? can I simply forget them and IPV will expire in six months?


you have enough good advice.

If Company B want to make things hard, they can do it, but you may have to bear some pain.

How high is your pain tolerance ? :D

Is it a MNC ?

rajesh2727
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Re: Got EP from new company but don't want to join

Postby rajesh2727 » Tue, 04 Jul 2017 3:19 pm

Guys, thanks for your replies. It's just a hypothetical question. Not real one :o .. Sorry for that.
Btw, running away is not a norm anywhere, either it is Singapore or India. I do recruit here but these days I am running into this kind of scenarios. Either they stay back or join some other company. Seems MoM have not enforced anything in this respect.

But I am not sure about one of the replies, where having IPV from new company mandating re-application from the current company if decided to stay back. Because as long as the current company does not surrender EP, it is valid. Because as per latest rules, one need not surrender existing EP to process new EP.

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Wd40
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Re: Got EP from new company but don't want to join

Postby Wd40 » Tue, 04 Jul 2017 3:57 pm

So you are fooling us asking hypothetical questions and then saying "I work for company A...". Typical Indian. No more advice for you.

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rajesh2727
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Re: Got EP from new company but don't want to join

Postby rajesh2727 » Tue, 04 Jul 2017 4:47 pm

Wd40 wrote:So you are fooling us asking hypothetical questions and then saying "I work for company A...". Typical Indian. No more advice for you.

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Guys, I am extremely sorry. I haven't gone through those situations but as I do hire or help to hire I face those problems. Strictly speaking, I am a victim of such scenarios.

If you think I did a mistake, blame me for that. No stereotyping of some other nation.

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x9200
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Re: Got EP from new company but don't want to join

Postby x9200 » Tue, 04 Jul 2017 5:10 pm

I am pretty sure MoM does care. The question nobody here knows the answer to, is how much. Generally an employee doing things like this can not be seen in any good light, in the eyes of MoM neither.

Legal-wise, not much practical things to do - the costs of any legal action likely will outweigh the benefits, so unless the company already paid for some expensive trainings etc. then just blacklist the person, maybe contact MoM if they have anything in place, and if not, just move on.


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