Re:Update on Hiring Plans
by HarryHirsch on Thursday June 02, 2022 @09:07PM
(#31602938)
payment on the order of a month or two of living costs
Just one or two months? Banks insist on 6 months of expenses these days when you apply for a mortgage with an offer letter in hand because they know that shit happens all the time.
Here's the kicker: companies have a very good idea of the financial shape they are in. It's just not possible that there was a sudden downturn in fortunes between the offer letter and start date. Except if a round of funding fell through, but an honest man doesn't hire on promises.
The corollary is that these days everyone is a crook.
Just one or two months? Banks insist on 6 months of expenses these days when you apply for a mortgage with an offer letter in hand because they know that shit happens all the time.
Here's the kicker: companies have a very good idea of the financial shape they are in. It's just not possible that there was a sudden downturn in fortunes between the offer letter and start date. Except if a round of funding fell through, but an honest man doesn't hire on promises.
The corollary is that these days everyone is a crook.