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From the hiring side, a (reasonable) expiration on the offer helps be fair to the other people who are interviewing, too. If I have a single position open and multiple people interviewing, as a hiring manager I really need to know whether my top choice is serious once we're having a discussion about signing a contract - because if they aren't, or are still trying to land better offers from other places because they have concerns about my offer and aren't raising them, I have other candidates just hanging out and waiting. Its not fair to the other candidates to say "you're not my top choice from this round, please hang on just in case we need you", or to just stall while we see how things play out - nobody feels good about that. Granted, if you're getting very short exploding offers from big companies who are almost certainly hiring for a role continuously or in bulk, that would leave a bad taste in my mouth too. But if you're interviewing at the kind of company that may have budget for just a single new hire, and multiple people are interviewing, a reasonable expiration makes sure we're both mutually serious about eachother. I want to hire you enough that we've put together a (hopefully) compelling offer, you want to work on the team enough that you (hopefully) either feel good accepting the offer quickly or raising your concerns so we can discuss. If the offer isn't right for you, sitting on it as a backup in hopes that you can find something better is detrimental everyone involved. |
So I don’t buy this fairness argument. If we’re talking about fairness, the process would be super quick, and then I would get a week to think about a decision that will affect YEARS of my life. To say nothing of things like asking previous salary, salary expectations, etc. Everyone knows why it’s done. If you wanted to be fair, the salary would simply be posted with the criteria that would influence it up or down. There is a reason unions and public sector jobs do this.
Companies have access to far more market salary data than I do. It’s not close to fair.
My job is far more influential to me than the company. It’s 100% of my income and yet I’m only one of many for the company. This should be taken into consideration.