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Career Resources
Exited in December and I put in the basic two weeks courtesy. I didn't plan on outright telling people where I was going, but they asked so I told them. People will probably ask you too and there's no harm in telling them. Maybe you can do deals together or something.
Remember though that if you signed an at-will contract, you essentially don't owe them anything. You could do a week's or even day of notice if you wanted (not recommended).
Not recommended at all regarding less than 2 weeks, but you’re right and wouldn’t even hold that over someone’s head if they did a day notice.
I read some where not to disclose where you’re going until you get there.
That could be true but in my instance, I don't think my former coworkers had any ill intentions when they asked where I was going
2weeks is standard. Many employers walk you out the door and don’t even want you doing 2 weeks of Nothing.
Two weeks is standard. Never tell where you are going unless you trust the person not to say anything. People can get vindictive unfortunately and pick up the phone and call your future employer to talk poorly about you.
Right so what do you say when they ask?
I’m keeping it quiet for now. But you’ll find out when I put it on LinkedIn. Simple.
Do we have real anecdotes of this or is this just the oft cited paranoid rationale? Some company is going to interview you, background check you/check references, but then fire you because some John Doe calls them to shit on you? Come on...
These are the same people that list "New York Based Financial Firm" on their LinkedIn...
I’ve seen it with my own two eyes. Keep it quiet. People can be horrible. If you have a pissed off boss, yup, some people will do it.
As per our favorite answer to everything in the industry - it depends.
If you trust and have a good relationship with your team, offer to make your exit transition longer than two weeks if needed (and I always mention this to the hiring employer as a possibility). Both your new employer and the current team will appreciate it because it shows you have all parties interests in mind not just your own. They will tell you its not necessary and might walk you out immediately or in my experience will tell you to take off after a week and take a week off and have a blast before your new gig. Otherwise, just give your standard two weeks and keep it professional, though as an above poster mentioned you're an at will employee and can literally just walk out the door and call it a day - obviously not recommended.
If you don't trust your team you don't have to disclose where you're going and just say you'd rather not share yet. I always told my teams and it just resulted in honest conversations, feedback, and congratulations. Only you can assess what is best for your situation just trust your gut. If it makes you uneasy to tell them then don't, you have no obligation to.
This.
I would offer to stay longer than two weeks to unwind deals I'm working on and get someone else caught up to speed.
I'd say two weeks, but if you're in brokerage probably the day of. Take a week to get organized and take what information you want from deals you worked on. You should already have everything packed and have everything you want to keep on your personal email with all your accounts logged out of (subscriptions, etc) when you go to your boss.
And don't tell them where you're going until you start at the next job, I don't agree with people here saying to tell if asked. You're about to leave to potentially go to a competitor, etc don't ruin your chance because you wanted to tell them now.
I say be prepared if they walk you out the door, but do 2 weeks minimum. Once you get older, you may be forced to give more notice because your carry/deferred awards require it (mine require 60 days notice, but they usually walk you and pay you for the 2 months as "garden leave").
Do you say where you’re going?
Yes and no. In the early years, I left a couple of jobs without saying where I was going (in one situation I didn’t even have a plan, I just didn’t want to work there any longer). The last couple of jobs I’ve told where I was going and why (usually to move to another city/more responsibility/more $). I will say that I’m still very good friends with many of my former colleagues/bosses and they (mostly) understood why I was leaving. 2 of those former bosses (direct and global head) were actually my references for the job I have now. Would they have still done it had I not said anything, probably, but not burning bridges with these people was important to me at the time.
Two weeks notice but expect the potential to be walked out same day.
At least two weeks as a courtesy, but depending on your relationship, could be longer so you can help hire and train your replacement. That helps maintain relationships with your former employer, which could be helpful somewhere down the line.
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