What do you do when a prospective employer offers you a job but pulls the rug out from under you and rescinds the offer before you start work? What happens if you've sacrificed a good, stable job for one that doesn't materialize, or if you spent thousands of dollars to relocate? What recourse do you have, if any?
Most job seekers don't know the answers to these questions, according to Mimi Moore, a partner in the labor and employment group at Bryan Cave LLP. She says job seekers tend to be unaware of the specter of rescinded job offers: "People understand that a job may not work out, that the company might have to do a reduction in force, but they don't think of a rescinded job offer being a possibility," she says.
In fact, rescinded job offers are a growing reality in a weakening economy, and Moore expects to see an uptick in the coming months. "I think fewer job offers are going to be extended, and the ones that are will have a higher probability of being rescinded," she says.
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