In a recent walk in interview, I came across an old friend of mine who was looking for a change. After exchanging a few pleasantries and catching up, I asked him whether he had applied in other places also. He frowned and said ” Yes”. He also said that many companies these days are simply calling candidates for interviews, and giving a verbal “Yes” to their appointment, but when it came to providing the offer letters, they say ” We will get back to you in a few days, please leave a copy of your academic records, payslips etc.”.
I sometimes wonder, why would such a thing happen. One reason could be that some companies are following the policy of some old economy companies, which used to show off that they are in business and doing well. These companies used to simply announce a massive hiring drive and select very few people or sometimes none at all. This gave an impression to many people that this company is the company to join. It was assumed that the competitors of such companies would get the jitters. The side effect would be a domino effect of other companies resorting to “pseudo hiring”, thereby giving a self boost to their own morale. But the job seeker in either case was the main loser.