There is a good chance that I will be resigning soon from one BB to take a job at another BB and I'm trying to figure out if I can look forward to garden leave, or weeks of sitting around. I am currently in a quasi-research position, but would be taking a job as a business manager. What is the governing principle? I've known people in sales & trading who were gone the day they resigned. In research, it seems that people are usually put on garden leave if they're heading to another sell-side shop, but have to serve out their notice otherwise. I knew a middle office guy who had to serve out his notice, which was a surprise.
Is the decision made by HR, or the direct manager? If it is an HR decision, is there something I can say to make them lean towards garden leave? Do I need to disclose where I'll be going, or can I just say "i'm going to a competitor"? My current boss is a nasty [email protected]$# who would probably force me to work till the very last minute. I'm not too worried about burning bridges, as I would never expect a future reference from this person. In fact, I think he might go berserk if he knew where I was going, as I'll be working for his former employer.