Opinions on putting my two weeks due to family health issues
Chat,
Hope all is well with everyone reading this. Background: Graduated from Non-Target in 2023, currently working in Equity Research for about 9 months, and have all FINRA licenses besides the 86.
Gonna keep it short and sweet, Dad has been having some health issues. Grew up in a family of 4, so the family is very close. Had to take an emergency "week off" (not really, was still working in the Hospital room and lobby). Came back to where I work (about 6 hours away), and my family is currently in Chicago dealing with this still and it kind of hit me that I shouldn't be this far away during this time, given Dad is 72. Not trying to make this is a sob story whatsoever, but decided that my family means more and want to put my two weeks in to help my Mom take care of my Dad. What do you guys on how it will look when I apply for a new role? Just want opinions and what I am going to expect. Thanks
Hey there, it sounds like you're in a tough spot, but family comes first, and it's commendable that you're considering stepping up for them. Based on the WSO content, here's what you can expect and some opinions on your situation:
Family First: Many in the finance community understand the importance of family. If you explain your situation honestly to future employers, they are likely to empathize with your decision to support your family during a difficult time.
Explaining the Gap: When you're ready to re-enter the workforce, be prepared to explain the employment gap. A straightforward explanation that you took time off to care for an ill family member is a valid reason and shows your commitment to family values.
Networking and References: Keep in touch with your current colleagues and network. They can be valuable references and may help you find new opportunities when you're ready to return to work.
Health Over Wealth: Prioritizing health and family over work is a choice that many respect. It's a sign of strong character and personal values, which are important traits in any industry.
Re-entry Strategy: When you decide to return to the workforce, consider reaching out to your network, including former colleagues and alumni groups. They can provide leads and support in finding a new role.
Documentation: Keep any documentation related to your leave, as it may be useful when discussing your employment gap with future employers.
Remember, taking care of your family is a perfectly valid reason to leave a job, and many have been in your shoes. When you're ready to jump back into the fray, the skills and licenses you've acquired won't have vanished, and with a bit of networking, you should be able to find a path back into the industry. Stay strong, and best of luck to you and your family!
Sources: Vacation issue with boss, Going back home for Thanksgiving during on cycle PE recruiting - Bad Idea?, Walking away from buyside after associate years, Sell Your Options Dearly: KIDS, How to deal with sick parents while working in IB
look into taking FMLA which can be used to take care of a sick relative.
You don't need to quit but if you wanted to ensure you'd have a job for when you came back that would be a route to go.
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