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Short version: yes, a verbal contract is legally binding. You must extend the written offer and the job when you make a verbal offer. When the candidate accepts that verbal offer, they must accept the job.
Contrary to what most people think, a signed offer letter, except in very rare instances, is not a legally binding implied contract. Candidates often think that because they have signed and accepted an offer letter, they have some sort of legal right to the job.
Unfortunately, your boss is correct. An written offer of employment does not constitue a legal contrat unless it guaranteed your employment in some way (i.e. your compensation, etc.) for a specified period of time. Further, without a written employment contract, you are an "at will" worker.
How to Respond to a Conditional Job OfferDon't wait to respond.Include the following: a thank-you for the offer, your written acceptance, the terms and conditions of the offer, including the salary and job title, and the starting date.Keep it professional.Return enclosures and attachments.
Generally, this means that when an employer makes an offer of at-will employment, the employer is free to rescind that job offer, for any reason or no reason at all, at any time, including the period after the potential employee has accepted the offer but before he or she begins work, without legal consequence.
Yes, you can sue your employer for false promises.
Do not require an employee to sign the offer letter, even if such signature is a mere acknowledgement of receipt of the offer letter. Instead, state an expectation to see the employee on his/her first day of employment.
Declining a job offer after accepting is not ideal, but it can be done. In fact, turning down a job offer after accepting is easier than accepting an offer you've previously declined. That's why you need to be certain that you can't negotiate a better deal and won't change your mind before rejecting a job offer.
Most contracts won't have any specific clauses about this sort of thing and generally focus on salary levels, confidentiality clauses and responsibilities. However, while it is likely there won't be any legal repercussions if you change your mind, it might be pertinent to get some advice from a lawyer or expert.
A verbal acceptance doesn't hold as much weight as a written one. Declining the position at this stage likely won't burn any bridges, as long as you express your sincere appreciation for the opportunity and give a good reason for your change of heart.