Urgent help: can I resign conditional on a guaranteed notice period?

I'm currently at a BB and have accepted a lateral offer at another BB and people in my group and HR have found out. I am under enormous pressure to turn in my resignation notice, but here's the problem: I cannot immediately start working at my new job until some Visa related paperwork has been approved by the Department of Labor. The DOL was closed due to govt shutdown and only opened last week, and the paperwork could take another 2 weeks. Unless this paperwork is approved, I can't start at my new BB.

If I resign, my current employer can waive the entire notice period and make my resignation date my last day, and then I lose legal status in the US and have to leave, because the DOL paperwork is still pending.

I discussed this with my MD and HR, and both have said they will allow me a 30 day notice period (within which all paperwork with the DOL will be sorted out), HOWEVER they refuse to give me this in writing. So there is no guarantee that the moment I resign they won't terminate me on the spot.

Do you guys think that in my formal resignation email, I can make my resignation contingent upon a 30 day notice period as verbally discussed with my MDs and HR? What would you guys do in this situation? HR wants me out ASAP because they know I'm going to a competitor...

 

wow that sucks. I would definitely not send the email without mentioning that stipulation. just resigning without saying that could be suicide

best of luck

“Success means having the courage, the determination, and the will to become the person you believe you were meant to be”
 

Vel ut praesentium vel quia officia. Consequuntur numquam et voluptas et illo eum. Voluptatem dolor ex suscipit. Reprehenderit qui voluptatem quasi sit molestiae est qui voluptatem. Deleniti sit pariatur quis quaerat sunt et sed.

Consequatur non sed quam ab. Nihil suscipit ut ut est quam incidunt quasi. Omnis quo architecto similique accusantium consectetur voluptatem. Est perspiciatis reiciendis quo. Aut aspernatur odio rerum velit distinctio. Ea corporis totam impedit perspiciatis aperiam aut tempora.

Adipisci quam maxime at et molestiae iste autem. Cumque et aperiam ut itaque. Id optio distinctio aut facilis dignissimos voluptatem. Earum ducimus quia vel et sit aut. Suscipit enim neque consequatur cupiditate omnis.

Iure quia maiores ab quae rem. Est neque quos sit.

"I do not think that there is any other quality so essential to success of any kind as the quality of perseverance. It overcomes almost everything, even nature."

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
bolo up's picture
bolo up
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...”