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 Advice needed regarding offer letter

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TStimothy817
post Jan 20 2024, 06:22 PM, updated 2y ago

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Hi greetings fellow brothers & sisters,

Recently I received a job offer from Linkedin, successfully passed the interview, everything was okay but when i received the offer letter soft copy.

I notice there is a disparity & differences in the company name & job title offered. The company name is for example shown on linkedin as XXX financial group, in offer letter it becomes XXX Technology.

Second thing, I went for the interview of role Client Onboarding Specialist, but the title offered becomes Operations officer.

In a dilemma now, worried of getting conned or getting into trouble, wanna ask humble opinions does it look very suspicious as I learnt from the recruiter it is sort of a investment firm involving forex and exchange.

There is a clause stating once offer accepted & did not show up on appointed date will have to pay compensation of 3 months salary.

Advice are highly appreciated, thanks



kens88`
post Jan 20 2024, 06:32 PM

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Feel not right then don't sign anything
hoonanoo
post Jan 20 2024, 06:38 PM

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There is a clause stating once offer accepted & did not show up on appointed date will have to pay compensation of 3 months salary.

Advice are highly appreciated, thanks


don't take up. Sounds like scam
TStimothy817
post Jan 20 2024, 06:45 PM

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QUOTE(hoonanoo @ Jan 20 2024, 06:38 PM)
There is a clause stating once offer accepted & did not show up on appointed date will have to pay compensation of 3 months salary.

Advice are highly appreciated, thanks


don't take up. Sounds like scam
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to be honest, feeling rather rclxub.gif when reading the offer letter

thanks for your opinion
SUSSihambodoh
post Jan 20 2024, 06:57 PM

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Title and name of company different don't sign. Ask the HR why the difference. If answer doesn't make sense, then save yourself the trouble.
langstrasse
post Jan 20 2024, 07:31 PM

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Where is the company based? If in Malaysia can check the SSM records. Physically drive to the office and try to talk to employees around there.

Did you check Glassdoor reviews?

Also does the company name in the emails you’ve received from them match the company name in the offer letter?

Make sure you have a written explanation of why the company name is different.

Also, look for former employees on LinkedIn and write to them explaining you’re considering the job. This is very valuable - I once avoided a major error just by doing this

About the 3 month salary compensation in case of no show - this is ridiculous, get rid of the clause. Worst case if you’re still interested in the company (after all the above checks) and still unable to remove this clause, then show up on the first day and decide. If not good then resign.
TStimothy817
post Jan 20 2024, 08:20 PM

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QUOTE(langstrasse @ Jan 20 2024, 07:31 PM)
Where is the company based? If in Malaysia can check the SSM records. Physically drive to the office and try to talk to employees around there.

Did you check Glassdoor reviews?

Also does the company name in the emails you’ve received from them match the company name in the offer letter?

Make sure you have a written explanation of why the company name is different.

Also, look for former employees on LinkedIn and write to them explaining you’re considering the job. This is very valuable - I once avoided a major error just by doing this

About the 3 month salary compensation in case of no show - this is ridiculous, get rid of the clause. Worst case if you’re still interested in the company (after all the above checks) and still unable to remove this clause, then show up on the first day and decide. If not good then resign.
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Ya the linkedin name was a XXX financial group, but registered ssm it was a XXX technology sdn bhd

Glassdoor reviews have very little references, only 3 reviews & i believe not local reviews too.

email wise it did mention the core brand name same as offer letter

Ya really needs a clarification why it is a technology sdn bhd instead of a financial group as according to linkedin.

u mean like doing a background check with former staffs?
langstrasse
post Jan 20 2024, 09:00 PM

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QUOTE(timothy817 @ Jan 20 2024, 08:20 PM)
Ya the linkedin name was a XXX financial group, but registered ssm it was a XXX technology sdn bhd

Glassdoor reviews have very little references, only 3 reviews & i believe not local reviews too.

email wise it did mention the core brand name same as offer letter

Ya really needs a clarification why it is a technology sdn bhd instead of a financial group as according to linkedin.

u mean like doing a background check with former staffs?
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About the company name - its possible that the financial group is the holding company and the position is for one of its subsidiaries - but as mentioned before, get a written explanation from the company on why the indicated name is different. Once they give the explanation, look online to verify if the explanation is correct - e.g. via SSM/press releases. Even better if you can ask someone who knows the company.

About the former employees - not really a background check but ask them on linkedin and say you're considering joining this company and would like to know the pros and cons - most people wont layan but if you're lucky you might find some people who are willing to share some feedback.

If you're currently in a job, do not resign until all doubts are cleared and you have written records of important points.

Personally, obviously I do not know this company but that 3 month salary compensation in case of no show after accepting the offer is mind blowingly unreasonable, a potential red flag so if I were you, I'd really vet through the company's policies carefully in case there are other unreasonable clauses.

all the best!
TStimothy817
post Jan 20 2024, 09:17 PM

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QUOTE(langstrasse @ Jan 20 2024, 09:00 PM)
About the company name - its possible that the financial group is the holding company and the position is for one of its subsidiaries - but as mentioned before, get a written explanation from the company on why the indicated name is different. Once they give the explanation, look online to verify if the explanation is correct - e.g. via SSM/press releases. Even better if you can ask someone who knows the company.

About the former employees - not really a background check but ask them on linkedin and say you're considering joining this company and would like to know the pros and cons - most people wont layan but if you're lucky you might find some people who are willing to share some feedback.

If you're currently in a job, do not resign until all doubts are cleared and you have written records of important points.

Personally, obviously I do not know this company but that 3 month salary compensation in case of no show after accepting the offer is mind blowingly unreasonable, a potential red flag so if I were you, I'd really vet through the company's policies carefully in case there are other unreasonable clauses.

all the best!
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Ya, was very concern as this company has very little information to be found as apparently it is a rather newly established company.

Ya, have not resigned yet the deadline for the offer is 22nd of January.

The 3 months salary compensation is probably one of the worst clause i have possibly seen, I was really shocked to see it. As they could just retract offer last minute without paying me anything in case they feel like my position no longer needed.

Anyway, thanks for your patience in helping me to highlight the parts i need to be aware of. Really appreciate your help.
nexona88
post Jan 21 2024, 03:46 PM

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"will have to pay compensation of 3 months salary" if did not show up on appointed date...

woah this company very hardcore...

mind sharing which company is this.
can PM me if don't want post publicly icon_rolleyes.gif
pegasus1101
post Jan 23 2024, 07:59 AM

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QUOTE(timothy817 @ Jan 20 2024, 06:22 PM)
Hi greetings fellow brothers & sisters,

Recently I received a job offer from Linkedin, successfully passed the interview, everything was okay but when i received the offer letter soft copy.

I notice there is a disparity & differences in the company name & job title offered. The company name is for example shown on linkedin as XXX financial group, in offer letter it becomes XXX Technology.

Second thing, I went for the interview of role Client Onboarding Specialist, but the title offered becomes Operations officer.

In a dilemma now, worried of getting conned or getting into trouble, wanna ask humble opinions does it look very suspicious as I learnt from the recruiter it is sort of a investment firm involving forex and exchange.

There is a clause stating once offer accepted & did not show up on appointed date will have to pay compensation of 3 months salary.

Advice are highly appreciated, thanks
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My advice is NOT to sign as whatever that is stated in your OL differs from what was told to you . They need to revise the OL then only you can sign otherwise forget the offer because this could be a con job.

The last clause I think is fine because usually companies cannot do anything to you until you report for duty. It does say Offer accepted AND do not show up on appointed date. So this is fine because you can get other offers from between the time you sign and the time you report for duty.
em_on
post Jan 23 2024, 08:12 AM

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sounds like shared service centre kinda job?
hksgmy
post Jan 24 2024, 02:22 AM

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Red flags aplenty fluttering in the wind. I’d definitely call up HR and get written explanations as to the discrepancies as you’ve noted before signing on any dotted line.

My first instinct is to walk away
optprime
post Jan 24 2024, 07:40 AM

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Red flags! Beware!

 

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