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 Resignation Handbook, Revamp in progress 240614

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TSaurora97
post Sep 23 2015, 01:17 AM

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QUOTE(hihihehe @ Sep 22 2015, 10:56 PM)
do u guys normally sign the offer then only tender the resignation letter or the other way round?
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Sign first, tender later.
hihihehe
post Sep 23 2015, 09:36 AM

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QUOTE(aurora97 @ Sep 23 2015, 01:17 AM)
Sign first, tender later.
*
yup.

one thing i have learned that i actually can ask the company to counter each other when i have two offers on hand.
i have signed with company a then only reject company b but company b not happy coz i never tell them beforehand so that they can consider to counter the offer
TSaurora97
post Sep 23 2015, 10:03 AM

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QUOTE(hihihehe @ Sep 23 2015, 09:36 AM)
yup.

one thing i have learned that i actually can ask the company to counter each other when i have two offers on hand.
i have signed with company a then only reject company b but company b not happy coz i never tell them beforehand so that they can consider to counter the offer
*
The whole purpose of signing first and tendering later is so that you can secure a job once you have served your termination notice period.

I personally (and I feel strongly against) find it unethical, to have company’s countering each other. If you want your existing company to counter-offer you, you should have made it known even before you decide to leave the company or if you have decided to leave, just stick with your plan.

Also noteworthy, a company would have consistently dished out increment and bonus to its employee and not wait until the 11th hour before making a counter-offer. The mistake of a person accepting such counter-offer, don’t expect any increment, bonus or even promotion for the next few years down the line (unless of course you decide to resign again and make another threat).

hihihehe
post Sep 28 2015, 04:10 PM

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QUOTE(aurora97 @ Sep 23 2015, 10:03 AM)
The whole purpose of signing first and tendering later is so that you can secure a job once you have served your termination notice period.

I personally (and I feel strongly against) find it unethical, to have company’s countering each other. If you want your existing company to counter-offer you, you should have made it known even before you decide to leave the company or if you have decided to leave, just stick with your plan.

Also noteworthy, a company would have consistently dished out increment and bonus to its employee and not wait until the 11th hour before making a counter-offer. The mistake of a person accepting such counter-offer, don’t expect any increment, bonus or even promotion for the next few years down the line (unless of course you decide to resign again and make another threat).
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makes sense and as expected, they do proposed to counter/match but i doubt they can match with my new offer so i declined firmly to resign.
probably i dont find any challenging in current company and not let myself to waste my "youth"
louis6
post Oct 2 2015, 01:44 AM

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Hi, wanna ask if my future company wanna buy my service notice over (eg. 2 months), how shall I put it in my resignation letter?

Another question, letter should be printed out or send in email in MNC? Thanks.
TSaurora97
post Oct 2 2015, 02:02 PM

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QUOTE(louis6 @ Oct 2 2015, 01:44 AM)
Hi, wanna ask if my future company wanna buy my service notice over (eg. 2 months), how shall I put it in my resignation letter?

Another question, letter should be printed out or send in email in MNC? Thanks.
*
Resignation letter just proceed as normal.

You need to ask from your current employer, how much you should pay, the formula to calculate compensation and which bank account to pay to etc...

I think your future company will just issue a cheque but best you confirm with them.

That's why I did in my ex-company.


galecsys
post Oct 9 2015, 06:22 PM

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This post has been edited by galecsys: Oct 13 2015, 09:19 PM
TSaurora97
post Oct 10 2015, 07:17 PM

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QUOTE(galecsys @ Oct 9 2015, 06:22 PM)
hi, want to check with you all, does a reporting manager have the right to prolong a notice period, at a pretext of "underperforming" during notice period? it sounds like a threatening to me

as I flipped through the employment letter, no such clause exists suggesting that manager have the right to "prolong" the notice period as he/she likes?

the notice period of 2 months is clearly stipulated in the employment letter, hence the manager's message is a clear violation of contract law / principle of contract

just wish to get feedback from those from HR
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Notice period can't be prolonged. What u have agreed is encapsulated in your contract.

If she prolong your notice period ask her to put it in writing. Say you require it in writing before you "consider" to extend your notice period.

Once she give u, take to labour office and file a claim.
galecsys
post Oct 11 2015, 02:13 PM

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This post has been edited by galecsys: Oct 13 2015, 09:20 PM
TSaurora97
post Oct 12 2015, 09:55 AM

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QUOTE(galecsys @ Oct 11 2015, 02:13 PM)
he just verbally "informed", he is smart, if he ever made that into email communication, I would have forwarded it to his superior and CC HR

I doubt HR will even want to entertain his absurd request

this manager is just full of ego, self-centric prick, he didn't notice that all sort of problem arise in the team are due to his ways of handling things
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if verbally informed then you can just ignore it and follow through with your contract.

Wouldn’t know what your HR will think or do, just read through your contract thoroughly and record any discrepancy in writing.

The reason why we look for a job is because we want to be able to have roof over our head, food in mouth, clothes to wear and etc… Don’t take work personally. If you don’t like your job, you can always walk away.

galecsys
post Oct 13 2015, 02:54 PM

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This post has been edited by galecsys: Oct 13 2015, 09:18 PM
skyliew
post Oct 14 2015, 05:19 PM

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Hi all, I'm facing some problem regarding my resignation.


I'm working at banking line company around 2 months and plan to resign before my confirmation on next month.

But i have been bonded for 18 months.

And now i plan to resign with the 24 hours notice due to the family issue. cry.gif

In my contract, i have to give one month notice but i have to go immediately and without paying the bond.

Is it mean if i quit like this and i will be get blacklist in the banking industry??

Cannot apply for other bank job?? rclxub.gif rclxub.gif rclxub.gif


icon_question.gif icon_question.gif


hihihehe
post Oct 15 2015, 09:33 PM

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QUOTE(skyliew @ Oct 14 2015, 05:19 PM)
Hi all, I'm facing some problem regarding my resignation.


I'm working at banking line company around 2 months and plan to resign before my confirmation on next month.

But i have been bonded for 18 months.

And now i plan to resign with the 24 hours notice due to the family issue.  cry.gif

In my contract, i have to give one month notice but i have to go immediately and without paying the bond.

Is it mean if i quit like this and i will be get blacklist in the banking industry??

Cannot apply for other bank job??  rclxub.gif  rclxub.gif  rclxub.gif
icon_question.gif  icon_question.gif
*
the only thing u can do is to discuss with your manager about your concern.
Belphegor
post Oct 16 2015, 08:30 AM

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QUOTE(skyliew @ Oct 14 2015, 05:19 PM)
Hi all, I'm facing some problem regarding my resignation.


I'm working at banking line company around 2 months and plan to resign before my confirmation on next month.

But i have been bonded for 18 months.

And now i plan to resign with the 24 hours notice due to the family issue.  cry.gif

In my contract, i have to give one month notice but i have to go immediately and without paying the bond.

Is it mean if i quit like this and i will be get blacklist in the banking industry??

Cannot apply for other bank job??  rclxub.gif  rclxub.gif  rclxub.gif
icon_question.gif  icon_question.gif
*
If your family issue is a major one and no one else in your immediate family can handle except you, then I guess the bank might be able to offer you some other alternative. But be sure you talk nicely to your management about it and handle it professionally.

Contract bond is legal bond. You break the law, you pay. That's why the law was made.
TSaurora97
post Oct 17 2015, 03:10 PM

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QUOTE(skyliew @ Oct 14 2015, 05:19 PM)
Hi all, I'm facing some problem regarding my resignation.


I'm working at banking line company around 2 months and plan to resign before my confirmation on next month.

But i have been bonded for 18 months.

And now i plan to resign with the 24 hours notice due to the family issue.  cry.gif

In my contract, i have to give one month notice but i have to go immediately and without paying the bond.

Is it mean if i quit like this and i will be get blacklist in the banking industry??

Cannot apply for other bank job??  rclxub.gif  rclxub.gif  rclxub.gif
icon_question.gif  icon_question.gif
*
you have to talk to the management about it.

the terms of the contract are pretty clearly.


ps3roxor
post Oct 19 2015, 06:00 PM

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..........

This post has been edited by ps3roxor: Jul 25 2019, 10:24 PM
eikhwan4
post Oct 20 2015, 10:33 AM

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is it ok for me to resign in 24 hrs if im not signing the confirmation letter. my company malas to get me signed it.

but my salary has increased as confirmation staff.

i just sign the offer letter (for accepting the position) for my position which stated my probation period is 6 month and might be extended due to performance.

it stated that "this offer of employment is subject to a six months probationary period"

btw i already 1 year and one months with that company.

thanks all.

This post has been edited by eikhwan4: Oct 20 2015, 10:41 AM
TSaurora97
post Oct 20 2015, 01:25 PM

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QUOTE(ps3roxor @ Oct 19 2015, 06:00 PM)
I need some HR / Taxation experts' advise:

Assuming you have to serve 2 months notice after tendering resignation to join competitor. Company decides to terminate my employment early by paying me salary in-lieu of notice + leave encashment.

Are salary in-lieu of notice & leave encashment considered as allowances and taxable? What is the taxation rate?
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not too sure about this issue, my best guess would be you are still required to observe the PCB schedule for monthly tax deductions.

QUOTE(eikhwan4 @ Oct 20 2015, 10:33 AM)
is it ok for me to resign in 24 hrs if im not signing the confirmation letter. my company malas to get me signed it.

but my salary has increased as confirmation staff.

i just sign the offer letter (for accepting the position) for my position which stated my probation period is 6 month and might be extended due to performance.

it stated that "this offer of employment is subject to a six months probationary period"

btw i already 1 year and one months with that company.

thanks all.
*
insist on having a confirmation letter. the trouble will go through now, will save you from a migraine that you are going to have when you resign/dispute.
Silverdust
post Nov 5 2015, 08:20 AM

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Hi I would like some enlightenment on sending in the resignation letter earlier.

My current situation is that I've gotten an offer letter from company( C) and signed the offer letter, however my commencement date will be on Jan 4.

My current company(A) is a subsidiary of company(B), however company (B)recently got bought over by some big corp in Japan. On my offer letter with company(A) it stated that I will only be needing to serve one month notice.

2 questions

1.Can I resign on today however choose to serve till end of December?
Or
Should I resign on December 1 and serve my 1 month notice?

2.Since company(B) got bought over and I've not signed any documents with the newly bought company my notice period will not be jeopardize right?(as in the company(B) will say"we just got bought over and we are now following the new policy that employee must serve x month according to Japan corp.")


The reason I'm thinking of sending in my resignation earlier is due some work responsibilities and project hand over.

This post has been edited by Silverdust: Nov 5 2015, 08:21 AM
Belphegor
post Nov 5 2015, 09:17 AM

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QUOTE(Silverdust @ Nov 5 2015, 08:20 AM)
Hi I would like some enlightenment on sending in the resignation letter earlier.

My current situation is that I've gotten an offer letter from company( C) and signed the offer letter, however my commencement date will be on Jan 4.

My current company(A) is a subsidiary of company(B), however company (B)recently got bought over by some big corp in Japan. On my offer letter with company(A) it stated that I will only be needing to serve one month notice.

2 questions

1.Can I resign on today however choose to serve till end of December?
Or
Should I resign on December 1 and serve my 1 month notice?

2.Since company(B) got bought over and I've not signed any documents with the newly bought company my notice period will not be jeopardize right?(as in the company(B) will say"we just got bought over and we are now following the new policy that employee must serve x month according to Japan corp.")
The reason I'm thinking of sending in my resignation earlier is due some work responsibilities and project hand over.
*
I suggest you resign now. Since you already secured a job. Resign anytime now. Then take the remaining days as a break before the new work commence.

Once you resign, whatever new policy shouldn't be able to apply to you.

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