Hi guys I have resigned from a Corp fin boutique, but have a 3 month notice period.
Any advice on how to get out quickly?
The team is understaffed at the junior end and I believe they want to keep me for as long as possible......
New job is unrelated so I can't get gardening leave.
Any advice would be massively appreciated!
Ps anyone else at the junior level ever see a 3 month notice!?!?!?
that's insane they can't force you to stay, leave. Employers don't care about you, do what is best for you.
I don't understand how you can have to contractually fulfill a 3 month notice period as an analyst??? I have never heard of anything like that (and I am pretty sure it would be unenforceable anyway). In any case, if you really do have to fulfill and want to get out ASAP, just start working "normal" week (ie. leave at 5, don't work weekends). From my experience, your offer letter / employment contract should state your working week (37.5 or 40 hours / week) so I would just say that you are fulfilling the terms of your contract. Believe me, no one wants to staff an analyst who doesn't give a fuck and you'll be out in no time.
Is this notice period in your employee handbook, or did you sign a contract stating that you would give a three-month notice? I would consult an employment attorney, but honestly, if it were me, I might just leave. No way does this firm pay for counsel to enforce this.
It's in the original contract I signed unfortunately. There was no employee handbook as such.
I didn't dispute at the time because I was desperate to get out of middle / back office so I didn't want to risk the offer.
If you signed a contract stipulating a 3 month notice period you should talk to an employment lawyer. They might be able to say for sure what would happen if you left (i.e. would you have to return bonuses, pay them your salary for the time you left prior to 3 months, be potentially liable for lost business due to understaffing - a big range of financial consequences). They probably wouldn't be that vindictive, but it's also a certain type of company/person that tries to force a 20-something to work an extra 10 weeks beyond the standard notice period and therefore probably worth the hour consult with a lawyer.
Ps thanks for the response and I'm glad I'm not the only one thinking of just leaving without serving notice.
1) As has already been stated, speak to a lawyer who specializes in employment law about this. 3 Months extremely unusual, and you don't have garden leave, so that makes it all the stranger. 2) The worst case is that you resign, effective immediately (put that in writing). Make sure that you have everything squared away that you would need to have done (list of things that are still pending due from your workflow, all company property sitting in a box on your desk that can be accounted for, etc.) so that when you hand your manager the note, you can immediately leave. Even if you do stay on board for the 3 months, make detailed notes of everything you work on just to have an easier transition when you leave. 3) Have you spoken to your new job about how much time you have before you need to start and if they have some leeway on when they need you? While 3 months from your old employer is insane, it's not unheard of, particularly if you have been with a company for a long time. Likewise, I'm guessing you didn't know about the notice period, so explaining that you found out that this was the policy when you handed in your notice, while not the greatest, may end up winning you a few sympathy points from your new employer. 4) If you can get an extension on your start date, then see what kind of compromise you can make with HR on your part. This way, you can look like you're not burning bridges. If you can get a compromise, use whatever vacation, sick, and personal days you have to get a few days off at the end of your current job before going right into the new one.
That's the best advice I have for you.
I'm guessing OP is not in the US? 3 months notice period isn't uncommon in Asia.
Three months is not a lot of time. Go in, do your job, and leave. That's all you can do really. Searching through the threads here, I have not seen any analysts of the sort to get issued a 3-month notice. That being said, generally when you are given or provided a notice, it is generally 2-weeks.
3 months will fly by quickly.
Where in Asia?
In Hong Kong, 1 month is the standard.
Furthermore, most contracts have clauses that say you can leave earlier given that the company can deduct a portion of your final salary.
Exercising this option is quite common whe~ the new employer requires recruits to start ASAP.
Im no familiar with US customs but it seems odd that there is no such clause as one can't reasonably figure out what should be the amount of compensation should he decide to leave earlier.
You aren't an indentured servant, lol.
60-90 days is common in India, maybe op is in India?
Dolores qui minus molestias non suscipit. Sit id facilis tenetur. Aperiam enim consectetur ut est sunt odio. Corporis perferendis asperiores ea ipsam et. Quo minima consectetur maiores sint. Et possimus ipsa temporibus placeat.
Natus consequatur cum corrupti est. Est officiis vitae non. Non maxime non dolor quidem. Enim soluta totam odio ipsa. Aut nulla quod dolorem eos molestiae minima. Atque quaerat atque commodi itaque. Laboriosam eum consectetur quos provident.
Ea fugit quis repellendus molestiae tenetur. Quam sit qui ex tempore. Voluptatem alias itaque sequi veritatis porro.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...