If you're unemployed because you chose to quit, getting unemployment benefits will generally be more challenging.
Before you wait to lose your job, try to calculate how much you would receive from severance and unemployment benefits and whether going through a termination may be worth more than quitting. Keep in mind that severance is not always guaranteed.
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Many of us don't get to choose how we leave a job, but when the writing is on the wall at your company, you have an opportunity to figure out your options.
You can quit on your own terms or wait and see if your employer lays you off or fires you. However, how you leave a job or how termination happens to you can impact your professional reputation.
Rather than someone deciding for you, quitting means you can control the story.
Even if someone knows that their employer may let them go, being terminated is always an emotional punch. You can avoid that by choosing how you're going to exit the workplace. In particular, if you hate your current job, quitting might come with much-needed peace of mind that you can determine the end.
Getting fired for performance can hurt your reputation. Unfortunately, most hiring managers and recruiters display an inherent bias when they see that a candidate was fired from a previous role.
If you get fired, it may be possible to negotiate a neutral reference check in settlement agreements so that your employer can't say something bad about you.
If you quit voluntarily, pursuing a wrongful termination or retaliation claim against your employer will be harder.
You will often forfeit those claims if you leave wilfully. However, states also recognise that people can be forced to resign because of intolerable work conditions like discrimination or harassment. If you can tough it out, a wrongful termination claim will be more easily available.
Schedule a time with your supervisor to break the news. Be aware that sharing the news with the office grapevine might cause the news to leak prematurely before you formally give notice.
It's best to have important conversations in person. Make sure you meet all exit notice, confidentiality, non-compete and other guidelines that are required.
It gives us the rare opportunity to ask ourselves if there anything in our lives that we should do more of, less of, start or stop.
It is a decision thinking technique developed by Brian Tracy.
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