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Discussion: How to Quit a Salaried Job?

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AuthorSubject
moving on
Unregistered User
(11/16/00 2:54:55 am)
Reply | Edit | Del All
How to quit w/o burning bridges...
Is there any recommendations on things to do before you quit a W2 position? I want to stop working on 15/Dec/00. So, I'm planning on giving 2 weeks notice at the beginning of the month 4/Dec/00.
So far:

I have a new gig lined up.
I have saved up some tokens for the transition.
Started training replacements, and even gave an unofficial heads up to the primary client I work with, so they can be aware of the transition.
I've planned my resignation letter:

Dear Manager,

The 15/Dec/00 will be my last day with Company.

Yours Truly,

Me



(Short and to the point.)
What about:

- Disabling direct deposit. Should I request that my last paychecks be mailed to me? I'm planning on telling my bank to prevent access from the company.

- Finding out what the Corba expenses will be.

- Transferring 401K requirements.

- Requesting letter of recommendations. (When is this done.)

- Clearing out my work PC of personal stuff.

- Quitting w/o burning too many bridges.



Anyone have a "standard" checklist? What's the 'best' way to quit w/o burning too many bridges?


David Cressey
Registered User
(11/16/00 7:28:49 am)
Reply | Edit | Del
Telling the client first...
Depending on what kind of "heads up" you gave the client,
and depending on what the client then tells your employer, <
br>
you may have some bridge repair to do already, unless you
don't care how your employer feels about this.
You see,
by telling the client before you told your employer, you treated
that client like "your client". Until now, every time
you treated the client like "your client", your employer
would chuckle to himself, like a kindly old uncle. But no more.
The minute your employer finds out you are going out on your
own, every move you make to treat the client as "your client&
quot; will be seen as a threat by your employer, and not appreciated
as professionalism.
Maybe I'm wrong. Maybe your employer
is one of that rare breed that puts your interest and the client'
s interest ahead of his own. But in that case, why are you leaving?

Giving your employer 2 weeks notice is par for the
course. Your employer might not express pleasure at that, but
actually should not be realistically expecting any more. Giving
the client more notice than that is friendly to the client, but
not to the employer.
If you expect to take the client
with you, start rethinking your policy on burning bridges.
Bridges are useful to pursuers as well!

Regards,
David Cressey
Not all those who wander are lost.

Jeremy Singer
Registered User
(11/16/00 9:51:59 am)
Reply | Edit | Del
priorities
Get your personal stuff out of there now.

Be aware that if
there is a dispute about pay, if you are getting direct deposit,
they can go to the bank and have them make adjustments, i.e.
remove money from your account!

Perhaps you know best how
good the relationship is with your client, but you may very well
be escorted out when you give your notice.

Be prepared.

Tandem Guy
Registered User
(11/16/00 12:18:44 pm)
Reply | Edit | Del
Gave my notice to bork
I gave written notice (30 days) to borker, per contract. I let
him handle the client and notifing client that I was leaving.
As a W-2 (former) my employer was the bork, not client.


mdk
Registered User
(11/16/00 12:50:34 pm)
Reply | Edit | Del
Checklist for quitting
BEFORE QUITTING:
I would add a couple lines to the letter.
Even if your former boss was Genghis Kahn, find something positive
to say:
"I have learned a great deal from you in
the fields of pillaging, looting and raping."
Costs
you nothing, and it's polite.
Personally, I would give
notice on Dec 1, and make it a full 2 weeks, but I doubt anyone
will call you on that.
As far as personal possessions,
I would make sure everything you actually care about is gone
the day before you give notice. I really doubt they'll escort
you out on the spot without giving you time to pack your desk,
but you never know.
AFTER YOU GIVE NOTICE:

Stop
in and talk to your friendly HR person about Corba and getting
the 401k paperwork started. What, they're not friendly? Then
start sweet-talking, because you want this person to be your
friend in this process.
This would be a good time to
mention that you'd prefer your last check to be given to you
the day you leave or mailed to . State laws
vary on whether or not they have to pay you everything that is
due to you the day you leave. Don't forget to get paid for unused
vacation and sick days, if company policy allows it.
Note that your current company MUST tell the 401k company that
you are leaving, or it will delay your ability to transfer the
funds.
Don't even listen to a counter-offer. Be polite,
but firm, and say that your mind is made up. However, if they
offer the "well, there's always a place for you here if
you change your mind", thank them very nicely. If things
bomb at the new place, it's nice to have that option.
AFTER YOU'RE GONE:

Be nice to your replacement, and offer
to help them through the transition by answering any questions,
or meeting with them for a lunch. This could very easily turn
into a consulting opportunity if they realize they really can'
t live without you.


mini
Registered User
(11/17/00 9:28:49 am)
Reply | Edit | Del
Re: How to quit w/o burning bridges...
Depending on the size of your employer, they might have a benefits administrator you can contact about the COBRA expenses, and to find out when your current benefits expire. Some companies cover you for 30 days after termination date. Legally they have to offer you COBRA and that paperwork can take a few weeks to arrive, but you are still covered. And if you are only looking at 30 days or so between benefits, then you don't "have" to make that first monthly payment but if you have to file a claim, you would have to pay it.

gun4hire
Registered User
(11/17/00 10:13:34 am)
Reply | Edit | Del
Its cobra not corba
I know someone who just went through this:
You should have an exit IV with you where they

explain your cobra expenses should you choose to

participate, you then sign something saying that

this procedure was done.
Upon termination you have 60 days to elect coverage

by calling, or in writing.
You then have 45 days to send in your first payment,

and coverage is brought back to the day you left.
SO you could go 105 days without paying ins, pay

for one month and have coverage for 18mo after.
If you get sick you just send in your payment early

and you get coverage.
Thats how this persons company does it, I am not

sure if that is standard or not.

moving on
Unregistered User
(11/17/00 2:52:29 pm)
Reply | Edit | Del
Thanks! And follow-up ?
Thanks about the COBRA correction and great information, too many buzzwords!
The unofficial heads up was to the lead project engineer with whom we are on great personal terms. I wanted to get them to request a second engineer on the project, which will help their transistion. This really is quite beneficial to the company I'm working at, since they will have a semi-trained replacement in a couple of weeks.
I don't expect to be escorted to the door, and I actually expect a counter-offer which I'll reject.
What about requesting references? How/when is that handled? I've never done that in a work environment before.

RMP
Registered User
(11/17/00 10:04:25 pm)
Reply | Edit | Del
Don't count on your bank
I've heard that banks are really not reliably able to stop direct deposits or automatic drafts, stop payment on checks, etc. - it's really hit/miss. Tell the bank, yes, but also make sure to inform the other parties involved.


Robert M. Pritchett
,
President - RMP
Consulting Partners LLC



People -
Openings -
Benefits -
Fees -
Acid Test -
Umbrellas -
Per Diems -
IRS

Homer
Registered User
(11/18/00 12:44:04 am)
Reply | Edit | Del
Don't expect references
You're a contractor, not an employee. Don't expect any written references. FWIW, I've never had a need for "written" references. I've found it best to line up peers as technical references. If they are also contractors, it's better -- fewer axes to grind.

Don Wallace
Moderator
(11/18/00 1:18:43 am)
Reply | Edit | Del
Absolutely!
True story: I personally know a fellow who resigned a position under supposedly good terms. The employer direct-deposited his last paycheck. BUT upon hearing from a resident backstabber in the same group who had it 'in' for this guy, the employer withdrew the funds from this guy's checking account! This was a W-2 situation. The bank was under no obligation to return the funds. This person had to go after the ex-employer. Last I heard, he got his final paycheck, but apparently was under a gag order and couldn't confirm the situation. IT HAPPENS.
Also, I asked my bank what the procedure would be for fraudulent withdrawal of funds. They told me that the funds would be deposited as soon as they were obtained from the malefactor who withdrew them, AFTER prosecution.
The point is, an adjustment under such a circumstance (even for an FDIC insured bank account) is NOT, repeat NOT automatic - the institution 'needs' to prosecute and obtain the funds and return them to you.


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