You Thought You Had Them… But Then They Said No.
You found the perfect candidate. The interviews went well, they seemed excited, and you were already picturing them in the team.
Then… boom. Rejection.
“I’ve decided to go in a different direction.”
“I’ve accepted another offer.”
“The timing’s not quite right.”
Translation? Something about your offer didn’t convince them.
If this keeps happening, it’s time to stop blaming “candidate expectations” and start fixing your hiring process.
So, why are candidates rejecting your offers—and more importantly, how do you stop it from happening again?
1. Your Salary Wasn’t Good Enough (Yes, It Matters That Much)
Let’s start with the obvious: If your offer isn’t competitive, top candidates won’t think twice about walking away.
In 2025, finance professionals know their worth. If they’re getting offers £10K-£15K higher elsewhere, they’re not sticking around just because you have “a great company culture.”
Why this happens:
- You didn’t check the market rate (hi, We Do Benchmark!).
- You assumed candidates would negotiate instead of walking away.
- Your competitors moved faster and offered more.
How to fix it:
✅ Benchmark your salaries properly (we can help with that).
✅ Don’t lowball candidates. If you think they’re worth hiring, make it a no-brainer for them.
✅ Be upfront about pay early. If you’re saving salary talk for the final stage, you’re wasting time.
Rule of thumb: If your offer isn’t exciting enough to make them say “yes” immediately, you’re probably underpaying.
2. You Took Too Long, and Someone Else Moved Faster
Speed matters. If your hiring process drags on for weeks, candidates won’t wait around—they’ll accept another offer before you even make yours.
Common mistakes:
- Taking too long to decide.
- Adding too many interview rounds.
- Making candidates wait days for feedback.
How to fix it:
✅ Streamline your process. Two rounds MAX for most roles.
✅ Give feedback quickly. If you’re waiting “just in case” a better candidate comes along, you’re losing the ones you already have.
✅ Make offers fast. If they’re a great candidate, don’t hesitate—someone else won’t.
Rule of thumb: If you’re still deciding, your competitor has already hired them.
3. You Didn’t Sell the Role Properly
Remember: Candidates aren’t just selling themselves to you—you’re selling the role to them.
If your pitch is all about what you need from them, but nothing about why they should want to work for you, don’t be surprised when they reject your offer.
How to fix it:
✅ Talk about the opportunity, not just the job. Where will this role take them in 2-3 years?
✅ Make them feel wanted. A generic “We’d love to have you” isn’t enough—show them why they’re a perfect fit.
✅ Give them a reason to choose you. Why is this role better than their other offers? More responsibility? Faster progression? Equity?
Rule of thumb: If your offer feels like “just another job,” don’t expect candidates to get excited.
4. Your Company Reputation Put Them Off
Before saying yes, candidates Google you.
What they’re looking at:
✅ LinkedIn posts from employees
✅ Company news & financial performance
If they see:
- Bad reviews about leadership
- High employee turnover
- Lack of growth or stability
They’re going to think twice.
How to fix it:
✅ Fix your employer brand. Encourage happy employees to share their experiences.
✅ Be honest about challenges. If you’ve had leadership changes or tough times, own it—but show how you’re improving.
✅ Make the hiring process positive. A smooth, engaging interview process helps counteract any doubts.
Rule of thumb: If your own employees wouldn’t recommend working there, why would a candidate say yes?
5. The Perks (or Lack of Them) Made Them Think Twice
Today’s candidates want more than just money. If your offer only talks about salary, you’re missing the bigger picture.
What top finance professionals care about:
- Flexible working (remote/hybrid options).
- Clear progression paths.
- Bonuses and performance incentives.
- A strong team and leadership vision.
If your offer was just “Here’s your salary, take it or leave it”, they probably left it.
How to fix it:
✅ Offer meaningful perks. If remote working isn’t an option, what else can you give them?
✅ Be transparent about career growth. If there’s a pathway to CFO, say it.
✅ Talk about culture, leadership, and team dynamics. People join people, not just companies.
Rule of thumb: If your competitors are offering better perks, guess where the best candidates are going?
6. You Didn’t Build Enough Trust
Job offers aren’t just about logic—they’re emotional decisions too.
Even if your salary was great, your hiring process was smooth, and the company seemed solid, they might still say no if they don’t feel completely sure about the move.
What builds trust?
- Clear communication throughout the process. No last-minute surprises.
- Transparency about the company’s direction. Candidates want stability.
- A strong final conversation. If the final offer is just an email with a contract attachment, it’s impersonal. A direct call from the hiring manager makes a difference.
Rule of thumb: If your offer feels transactional rather than personal, don’t be shocked when they turn it down.
Final Thought: If They’re Saying No, You’re Doing Something Wrong
Candidates rarely reject offers for no reason.
Smart businesses are:
- Benchmarking salaries properly so candidates don’t walk away.
- Making faster hiring decisions to beat the competition.
- Selling the role effectively instead of assuming candidates will “just want it.”
- Fixing their employer brand so candidates actually feel excited to join.
- Offering more than just money—perks, culture, progression.
Want to make sure your next offer gets a YES?
💰We Do Benchmark can make sure your salaries are competitive—so you don’t lose candidates to better-paying competitors.
🚀 We Do Group finds and secures the best finance talent—so your hiring process is smooth, efficient, and actually works.
📢 Stop losing great candidates. Let’s get your hiring right. Get in touch today.
