Hi,

I’m in dilemma right now. I received 2 job offers at the same time verbally from insurance companies . I want to work at company 1 and had accepted verbally. HR said will send the offer letter by this week, after delaying about 3 weeks due to covid, approval issue. But up until now I haven’t received any offer letter yet and they keep delaying saying that due to CEO approval. It’s a bit weird coz my role is only senior exec but why need up to CEO approval?

I’m still buying time to accept offer from company 2, due to their employee benefit half from company 1. However company 2 demanding response from me after 1 week. Salary wise both can offer the same amount.

Can I receive offer company 2 so that I can get the black and white first?

take the 2nd job. HR should make decisions that does not require CEO approval.something fishy

Have you asked for Salary increment that need CEO approval? Salary increment of more than 25%-30% will usually trigger that

Anyway, if Salary is the same, go for the one You like and prefer

This post has been edited by taitianhin: Sep 15 2022, 08:58 PM

I am only aware of few scenarios CEO approval may come in:
1) It's for a senior management role
2) Company under recruitment freeze and special approval is required
3) The amount offered breached threshold like above x% or $x

Salary is the same, I only asked for 20% from my salary. I prefer company 1 but it’s so frustrating cz many times HR broke their promises.

No 1 definitely not the case. Don’t know whether their verbal offer is legally binding or not. They just communicate with me via watsapp. The hiring manager also watsapp me to tell that I’m selected.

if it's a big firm then it could take time but still needing CEO approval? that's just fishy.. imagine your yearly increment need CEO approval make sense?

Do not take anything verbally seriously, until there is a physical offer letter in front of you or through a trusted electronic medium (e.g. Docusign). Otherwise everything else is hearsay.

What if I say I want to proceed with company 2, then they will get all necessary approval and eventually give offer letter to me. Suddenly company 1 send their offer letter at the same time. Will there be any consequences if I still want to accept company 1? Im not sure also if this is actually red flag for company 1.

Ya just say to hr that if you dont receive any letter 1 week later, you will have to go to other company.

Hr will understand that good candidate always have multiple offers. If you dont pressure them, they will take their sweet time.

Similar to what I said, verbal isn't binding. Until the contract has been signed (offer letter), then you are free to choose whichever company that sends you the offer letter first. Of course, it is also good to wait for both to see which gives a better offer as well. That is why a lot of companies now tries to "force" you to sign it on the spot. Say that you need time to review the offer letter first because there are a lot of terms and clauses in there which isn't always mentioned in the interview or HR would not cover it all.