One or Two Week Notice Period??

I am in a unique situation: I started at an HF less than 6 months ago and was really not happy there when a BB unexpectedly recruited me earlier this month for an opening. I interviewed, was given the verbal offer yesterday and accepted all their terms. They are drawing up a formal letter for me now.

My question, however, is: how long should my notice period be?

The HF I am at is incredibly disorganized, small, and I am a bit green and started my job without any training from my employer. I am blamed daily for processes that have been in place for years and other things I have zero control over. Overall, I am not happy and, while I have every intention of leaving on a good note and with grace, I am not sure if two weeks makes sense when 1) it has been less than 6 months and I am still in training (or lack thereof) mode and 2) when I'll be taking this job off my resume anyway.

So, should I give one week so I can start at the BB sooner and offer to train my current employer's new hire after work/a weekend or give two weeks (while still offering to train whoever comes next)?

I don't want to burn any bridges - any that are burned will be as a result of their response to my resignation and not my frustrations, which no one at the company has any knowledge of - but I am eager to start at the BB and honestly can't stand where I work/the people I work with.

Any advice is appreciated.

 
Best Response
  1. Is your new offer set in stone, signed sealed and delivered? a. If you have a offer with no holds-barred then get to your new job, no if ands or butts.
  2. If you WANT TO USE YOUR CURRENT JOB AS A REFERENCE THEN GIVE TWO WEEKS NOTICE. a. No question about it - you don't have to use them as a reference - but if you do use them, YOU MUST GIVE 2 WEEKS NOTICE
 

HR informed me yesterday that they are going to get me a letter by end of week. I won't be resigning until I pass the rest of the background checks, which happens after I sign my letter, so I have time to figure out what my notice period should be, which is why I asked here.

I have no intention of using these people as a reference for either this job or any jobs in the future.

I will be taking the job off my resume entirely.

 

Ok so think about it... When you apply to a new job they will only call the jobs/contacts you provide. The "backround check" consists of your credit report, drivers records, dmv, legal/arrest, credit cards, debt inst, auto or home loans etc.

If you don't care about the current company & your employment status is "at will" then you have the option to leave whenever you want.

Please note I am not a lawyer and am not offering any advice what so ever in your current, past, or future situations.

 

I hear you don't care about references from the HF, but a career is long and you never know if / when you might need something from these people so my advice is to always give 2 weeks. I can give you a few examples of people who burned bridges thinking it would never matter and got burned because of it years later. 2 weeks is nothing in the grand scheme of things and once you resign, you can come in late / leave early for your remaining 2 weeks anyway.

 
mtnmmnn:

I hear you don't care about references from the HF, but a career is long and you never know if / when you might need something from these people so my advice is to always give 2 weeks. I can give you a few examples of people who burned bridges thinking it would never matter and got burned because of it years later. 2 weeks is nothing in the grand scheme of things and once you resign, you can come in late / leave early for your remaining 2 weeks anyway.

Would you mind sharing those examples? Sounds like they could be good stories.

 

One, wait until you have a signed and sealed letter in your hand. Do not resign until the offer is firm and you have a start date. I'm sure there will be a little wiggle room on the start date to allow you the two weeks notice. After that, seeing as you are in a junior role, 2 weeks is more than fine unless you have clauses in your employment contract that dictate otherwise. Just be reasonable with the amount of notice you give them.

 

Trust me, this will be one of the happiest 2 weeks of your life (or at least of the year).

Come in late. Browse ESPN/WSJ/Zero/WSO etc. Take extended lunch breaks. Leave early.

"Sounds to me like you guys a couple of bookies."
 

Huh? Everyone who's recing 2 weeks has never been in rev generating pos BC there is no 2 weeks notice. You get your building access taken away and immediately removed.

OP, your HF may donthings diff BC it's small but prepare to get 1 hr notice. The liability of having someone around who's leaving is far too grt than your added value.

 

Tempore et debitis a itaque. Eum tempora aspernatur eaque tenetur itaque.

Quia amet pariatur rerum voluptatem quam non. Consequatur provident molestiae quae consequatur. Culpa neque ipsa voluptas porro quam rerum rerum. Nostrum veniam id eaque enim cum soluta alias.

 

Voluptas harum aut reprehenderit distinctio quae nemo. Voluptate cum in quo aut voluptas. Veritatis et unde illum. Ipsum et voluptatibus sint nesciunt est accusantium. Tempore aperiam earum quo veniam. Dolorem possimus debitis quis minima vero. Ullam deleniti dolore ut.

Et fugiat quisquam dolorem reiciendis nostrum et accusamus. Et tempora voluptatem quia ut. Laborum ut nulla fugiat itaque id sit.

Career Advancement Opportunities

April 2024 Hedge Fund

  • Point72 98.9%
  • D.E. Shaw 97.9%
  • Citadel Investment Group 96.8%
  • Magnetar Capital 95.8%
  • AQR Capital Management 94.7%

Overall Employee Satisfaction

April 2024 Hedge Fund

  • Magnetar Capital 98.9%
  • D.E. Shaw 97.8%
  • Blackstone Group 96.8%
  • Two Sigma Investments 95.7%
  • Citadel Investment Group 94.6%

Professional Growth Opportunities

April 2024 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 97.9%
  • D.E. Shaw 96.9%
  • Magnetar Capital 95.8%
  • Citadel Investment Group 94.8%

Total Avg Compensation

April 2024 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (23) $474
  • Director/MD (12) $423
  • NA (6) $322
  • 3rd+ Year Associate (24) $287
  • Manager (4) $282
  • Engineer/Quant (71) $274
  • 2nd Year Associate (30) $251
  • 1st Year Associate (73) $190
  • Analysts (225) $179
  • Intern/Summer Associate (22) $131
  • Junior Trader (5) $102
  • Intern/Summer Analyst (250) $85
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”