Long notice period makes me unattractive to recruiters

hi all, I was pretty desperate for a job so landed up in my current role where my notice period is 3 months. It's so long that many recruiters are turned off by it and tell me that no one would wait for me for that long.

Any strategies to help me out? I considered negotiating with my boss, but wouldn't that just let him know that I have the intention to leave?

Thanks.

 

i would suggest saying that "you think your notice is just 2 weeks" (and then after you get the offer, tell your new employer "oops, it turns out i have a 3-month notice period...i hope that's not a problem")

Or, just ignore the notice period completely...and quit after you get a new job. If you are not a senior level person, i doubt they will care anyway. The longer lockup period is important for some senior level positions...but for most juniors (aka....you), its irrelevant and they just didn't bother changing the contract language out of laziness. They will not care. You are not required to tell your former employer why you are quitting, where you are going, or anything else. you can just walk in one day and say to your boss "i am resigning today...thanks for the opportunity....take care..good bye"

If they were firing you, believe you me...that's all they would say to you "you are fired, please exit the building immediately"

There is zero reason to give a company more that they would give to you.

The situation is different if you are relatively senior, and if you have significant compensation that can be clawed back if you break the terms of your contract. However, for junior people, i doubt this is an issue. I've seen portfolio managers at hedge funds with millions of comp at risk...so they will sit on a beach for a year before taking a role at a new firm. If that is your situation, then respect your contract.

just google it...you're welcome
 
Most Helpful
faceslappingcompilation:
i would suggest saying that "you think your notice is just 2 weeks" (and then after you get the offer, tell your new employer "oops, it turns out i have a 3-month notice period...i hope that's not a problem")

Or, just ignore the notice period completely...and quit after you get a new job. If you are not a senior level person, i doubt they will care anyway. The longer lockup period is important for some senior level positions...but for most juniors (aka....you), its irrelevant and they just didn't bother changing the contract language out of laziness. They will not care. You are not required to tell your former employer why you are quitting, where you are going, or anything else. you can just walk in one day and say to your boss "i am resigning today...thanks for the opportunity....take care..good bye"

If they were firing you, believe you me...that's all they would say to you "you are fired, please exit the building immediately"

There is zero reason to give a company more that they would give to you.

The situation is different if you are relatively senior, and if you have significant compensation that can be clawed back if you break the terms of your contract. However, for junior people, i doubt this is an issue. I've seen portfolio managers at hedge funds with millions of comp at risk...so they will sit on a beach for a year before taking a role at a new firm. If that is your situation, then respect your contract.

dude, that would just piss them off and make them rescind the offer....

Also, I have stock options in my present firm so don't wish to breach the contract.

 

My basic scenario is 3 month garden leave, plus 12 month non-solicit, of both clients and employees. Crippling me, for all intents and purposes. Except for inbound calls, which I would get all day long, if I quit.

If I need to leave, I’m moving to CA immediately, where they will invalidate all of this bullshit. That’s the only state I’m aware of that basically ignores employer protections relating to non-solicit and similar. Sucks donkey balls for me to be there now, but I will take advantage of that if I need to.

 
Unreturned Videotapes:
Forgive my ignorance on the issue, but what is wrong with just taking a 'year-long vacation' with the family (assuming you have funds to do so)?

You only earn your salary while on garden leave, which is a small portion of total comp. A year long vacation sounds like hell to me.

Unreturned Videotapes:
Would everyone just assume that you got canned anyways?
No. I would only be leaving for another job, so the trigger would be my quitting. Also, the garden leave is only a few months and you are technically still an employee of the firm you quit, even though you don’t come into the office.
Unreturned Videotapes:
Could you instead just do some non-profit/entrepreneurial/consulting gigs for a year, and then just claim that you really miss the thrill of the job and are looking to get back into it?
Once again, the garden leave gets triggered when I quit. The non-solicit provisions just makes it less appealing for another firm to hire me. Obviously, people leave firms, so it’s not impossible.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.9%
  • Harris Williams & Co. 25 98.3%
  • Goldman Sachs 17 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 04 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 (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $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
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
bolo up's picture
bolo up
98.8
10
Jamoldo's picture
Jamoldo
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...”