India, May 14 -- An Ahmedabad-based entrepreneur has copped backlash after revealing that his company releases an employee's offer letter a full 30 days after they join. Pritesh Lakhani, the co-founder of B2B industrial marketplace Pneucons, implied that not releasing the offer letter prevents candidates from 'offer shopping', which is the practice of collecting multiple offers to negotiate higher salaries or better designations.

He was responding to a post from entrepreneur Niraj Bora, who claimed that he was "fed up of people taking offer letters and not showing up."

"Never share offer letter," Pritesh Lakhani advised in an X post yesterday, adding that his own company takes a month to formally release a candidate's offer letter. In t...