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 Resignation Handbook, Revamp in progress 240614

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Raymond_ACCA
post Aug 31 2012, 01:01 PM

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Hey guys,

i got a minor issue. I have been offered by a company to begin a new job on the 2nd week of September. I have a 3 months notice period to serve in my old company and the new company will buy out my notice period. This means, I will only have less than 5 days to perform a handover if I were to tender my resignation on Monday. Can the old company take any action towards me?

For further information, I am actually in a managerial role, and there is no way i can complete projects in hand as it will drag for months. The best i can do is handover all outstanding items in the next 3-4 days.

Appreciate any kind advises on how I should approach the sounds from my bosses when I tender on Monday with just a very short period of notice. Should I tell them the truth about why I am resigning, or should I just mention personal family problems etc etc.
Raymond_ACCA
post Aug 31 2012, 11:42 PM

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QUOTE(cute_boboi @ Aug 31 2012, 10:11 PM)
1) seriously, you are in trouble. Especially you are in managerial role.

2) I'm sure you aware, your industry can be very small and everyone knows each another.

3) even if u jump to other industry, still the world can be small. My point is, your name will be tarnished among the word-of-mouth for quite some time.

4) it's too late, but even with buyout, IMHO you still need minimum 1 month to do handover.

5) old company can't take action, provided the new company payback in full.

6) never lie. Refer above points. Gossips go around, and if u lie, your already tarnish credibility, I think it'll bring your reputation down to lowest level.

7) of course there are some exceptions, e.g. U are top salesman can bring in 1000% sales continuously, your skillset is highly sought after and very rare...
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Thank for the feedback. Yes i get your point. I will definitely tell the truth.

Oh well, the turnover in my industry is extremely high, even at managerial level. My guess is, 1 month itself may not be sufficient for handover, hence the 3 months notice period.

But that being said, opportunities like this is rather rare, and if I don't join the new company soon, I will miss out on the knowledge transfer which will be held in the following 2 weeks.

Any tips on how do I handle the resignation process in the next 3 working days? icon_question.gif

 

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