September 21, 2007, 7:00 am

6 Things You Should Do Before Quitting Your Job

by: The Financial Blogger    Category: Career
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That’s it; you are fed up.
You can’t stand working for your boss anymore, a simple look at your colleagues makes you go to the bathroom and everyday you are waking up thinking “When this all going to end?”. If you are about to quit your job, there are a few things that must be done before you actually pull out the plug.

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I came up with 6 things you should do before quitting your job based on my own experience.

#1: Talk to your family and friends

First things first, your immediate family must be aware of your decision. You can decide to take the decision by your own or you might want to seek your spouse’s consent. I suggest that you discuss this issue with your family and friends so they can give you another point of view. The goal here is not to change your mind but to make it clear in regards to the possible aftermaths. You will also find out who will be there for you if you need any help during this tough part of your life.

#2: Plan an exit strategy

This is the number 1 reason why people will complain about their job for the next 20 years but would never quit: they claim they have no other choice. Well you do! You simply have to plan it in advance. You don’t have enough time or energy to find another job while working? Well then, you setup a monthly saving plan where you will build an emergency fund. This money will cover for your bills while you are not employed. Once you quit your job, you will have more than enough time to find another one! Therefore, there is no excuse for not quitting your job. If you don’t like what you are doing, plan your escape route to freedom and happiness. I know too many people who’s life are miserable because they hate their job. You will spend most of your life at work, starts a good living right now!

#3: Meet with your HR department

After I meet with my superiors for my evaluation, I was so pissed off; I could have quit the job on the spot. Instead, I took a step back over the weekend to plan my exit strategy, talk to my girlfriend and to write my demission letter. On the next Monday, I called the human resources department of my company and setup a meeting with one HR advisor. She first tried to convince me to not quit but she realized that there was no point of trying so. Then, she informed me with the usual politics of the company in regards to people that leaves. You can gather important information such as details about competition’s agreement, what will happen to your pension plan and what would be the expected delay given from an employee. You can also take this opportunity to verbally express what is going wrong where you work. Stick to the facts, it is easy to on a big rant and get emotional. This won’t lead to anything positive.

#4: Write a letter

It is very important that you put the reason why you are quitting in writing. This will show your professionalism and also make things official. Give a copy to your superior and copy the HR department. If you case was poorly managed, HR must know about it. It will not help you but could improve the conditions for others.

#5: Leave in good terms

Even if you can not stand you boss, it does not mean that you have to bash him in your letter. I was really frustrated when I left my previous employer. However, I made things clear and I explained (with facts only) why I decided to leave. They actually appreciated my behaviours and respected my decision. I heard that they applied some changes in the team when I left. I also received two job offers a few years after from my ex-employer. Leaving in good term is also good with networking. You may have already notice, but everybody eats with everybody. Your ex-boss could be your new boss’ best friend!

#6: This is no vacation

If you leave the same way I did, you will not have much time to relax. In fact, I left without any other job. I had bills to pay at the end of the month and I did not have a big emergency fund. It is not right timing to on a party to celebrate or to wake up at 10 in the morning. Remember this: You have nothing to celebrate until you find a better job! The whole point about quitting your job is to find something better where you can be happy. Wake up at 6AM and take your job research as a real job. I sent 30 applications in the first week and each of them had a personalized letter of introduction. Out of 30, I received 20 calls. The only thing I had to do is to pick the right one offer.

One last thing before you go and see your boss. Keep in mind that it may take time before you find another job. Depending on the industry, a strong emergency fund might be required. Another option is to take off your vacation to find another place to work. You will have enough free time to meet with other employers and you will keep your creditors at bay!

 

 

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Comments

Very good list. On #6, I would say – “Stay at your current employer until you have secured another job.”

In my financial counseling, I encounter a lot of people who have gotten frustrated and quit without a plan for covering the bills. It lands them in a huge financial mess.

by: The Financial Blogger | September 21st, 2007 (11:21 pm)

Joseph, you are right in a sense. However, sometimes people need this urge to act to be able to go forward in your life. Unfortunately, an unplanned exit could result in a big mess as you said!

[…] Financial Blogger presents 6 Things You Should Do Before Quitting Your Job. If you are about to quit your job, there are a few things that must be done before you actually […]

[…] 6 Things You Should Do Before Quitting Your Job @ Financial Blogger […]

I say life is too short to be miserable. I recently quit my job (a completely unplanned exit – I just got fed up) and, while it was scary for the first couple of hours, it ended up being the best thing I ever did.

by: The Financial Blogger | September 27th, 2007 (8:16 pm)

Cfowler,
I’m glad to hear that I am not the only one who has left for a better life! Congrats!

Most large corporations HR departments do not work to favor the employee at all. By going to them first, you are only giving your boss forewarning of what is to come.

by: The Financial Blogger | October 5th, 2007 (10:45 pm)

I prefer to be positive (or naive!) and believe that HR are working for the good of the employees and the company and not my boss… Maybe the future will prove me wrong, but I still think there is a bit of honesty in this world 😀

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