Some firms are offering bonuses and several months salary to newly hired employees who have had their job offers revoked due to the slow economy. In addition, some firms are offering job search assistance to those people whose contracts they have rescinded. These employer initiatives, according to the National Association of Colleges and Employers, strive to maintain a good reputation with students.
See "Companies Soften Withdrawn Job Offers With Cash, Help", Stephanie Armour, USA Today, June 4, 2001