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How To Resign From Your Job

One of the most overlooked parts of the recruitment process is the process of resigning with one employer to take up post with the new employer. When the general excitement of landing the dream job has passed, the candidate must now navigate the potentially rocky post offer road to arrive safely in the new job on the first day. Here is a useful resignation guide for candidates, which can help to more effectively handle the resignation process prior to taking up a new post elsewhere.

Written offer in place
The golden rule for resigning to take up post in a new job is not to resign until you have a written job offer in your hand, which includes a start date and details the salary and all the pertinent benefits and perks. If possible, don’t resign until you have a company signed employment contract. A verbal offer is not enough; you want to be totally sure of commitment from the employer – and that all the correct internal hiring approval procedures have been executed.

Timing
Where possible, try and consider factors such as bonus payment, holidays owed, and vesting share options as your entitlement to these benefits can be affected by the day on which you resign. For example, resigning a week later could mean that you have accrued enough service to be eligible for a bonus payment whereas a week earlier could mean you lose your entitlement. Check all the terms and conditions that relate to your benefits very carefully.

Breaking the news…
Your current contract may stipulate the resignation process and that may be that you should provide the employer with the appropriate notice of resignation and do so in writing. In practice, it is courteous to arrange a meeting with your manager and verbally resign and then hand them a resignation letter then and there, or follow up afterwards.

Be prepared for a counter-offer
If your current employer does not want you to leave then you may find that they’ll offer you a higher salary to get you to stay. If this happens you may want to tell your new employer who may match the offer, exceed it or refuse to budge.Whatever happens you will have some thinking to do and a decision to make. For example, if your reason for leaving was not money orientated, then accepting a money based counter-offer may be unwise as once the initial excitement of the higher salary wears off you will be faced with the same problems which caused you to want to leave in the first place. You should be aware that it is especially bad form to accept a counter-offer after you have formally accepted a post with a new employer.

Build Bridges
Finally, your current employer should be a source of referees and business connections for the future. So, approach your most trusted colleagues and managers and ask if they will act as a referee. Reach out and make LinkedIn connections with colleagues before you leave while you are still familiar with them.