Job Offer but with a twist nonetheless
I recently had been in interview process with a company I had a good impression of, for a position that actually upgrades my career. There were 4 Rounds which went well. Now they reached out to me or a job offer. I was okay with most of the conditions apart from one, that the contract is initially limited to 2 years. They never did mention this during the interview process which was humm all but normal.
The side effect on my personal situation of the time limited contract.
Anyway my personal situation is that I am planning to buy a property in the coming 6 months and would depend on a bank to finance it and after a debriefing with my bank consultant they mentioned clearly that based on limited contracts they don't offer home loans.
Raising my concern to the company about limited contract.
I raised my concern to the company, to which they said unfortunately it's a regulation that comes from their parent company that they need to adhere to , so the first contract is always limited but they also offered following reassurances:
- They are willing to strike off/reduce the probation time.
- And a proof of their low fluctuation rate. Most of the employees have been working on long tenures there already.
- They do decide 6 months in advance before the end of first 2 years if both parties wanna agree on an unlimited contract after the end of first 2 years.
As it kind of turned into a catch-22 for me while the new position as team lead is a jump in my career but on the other hand it has an uncongenial effect on my personal plans in the future.
Asking the company to pull back/prepone the time of signing the unlimited contract, that is not waiting till the end of 1.5 years tenure for signing the final unlimited contract, rather do it after first 6 months if everything goes well.
This would enable me to apply for my home loan after 6 months while I would have a proof of long term income. Which would be okay for my personal plan.
My Question is: I am not sure if there would be some hidden side effects of doing it as I actually would end up with 2 contracts signed with them after 6 months, god forbid if something changes after an year or so and I wanna switch then there would be an overhead of quitting not 1 but 2 contracts? Or any other probable side effects?
Location = (Germany)