Prepare yourself - Make sure you're certain you want to leave and that it's the best decision for you. Before deciding to quit, ensure to analyse the Pros and Cons.
Ensure you have at least 6 months cashflow to run yourself before you find another job.
Thanks to the then CEO of Syntel Inc, Chennai – Rangarajan Jayakar who guided me on this during my decision to quit and start my venture as Entrepreneurs.
2. Notice Period
Most of us do not read the Notice Period clause in our Employment Contract / Appointment Letter. Take care to read and adhere to the clause to have a smooth exit from the current employment.
It is advised to provide for the notice period and to ensure proper handover and knowledge transfer.
Remember at any given point of time the referral check is mandatory, even after several years in case you are applying for a Green Card or for otherwise.
3. Handing Over and Knowledge Transfer
Your exit from your current employment will be proper only on due handover and knowledge transfer being done as per the HR Policy and you complete the exit formalities.
Ensure to get the Exit formalities completed and signed-off from the HR before you quit, on the last working day.
Completion of the Exit Formalities are mandatory for any claim of your dues from the current employment. This includes returning of Company Assets to the employer and taking acknowledgement of the return of assets.
4. Exit Interview
Exit Interview is not a chance for you to express your displeasure with your superiors. You can provide any positive advises which can motivate the employees
Avoid utilizing this chance to criticize the organisation or the superiors – rather make use of this opportunity to better your relationship for any future opportunities to work together.
5. Farewell Meet
A farewell meeting is a place where you feel relaxed to exchange your views with peers.
Ensure that you maintain your professionalism, just avoid the following: -
1. Stop to criticize
2. It is not mandatory to disclose your plans
3. Avoid too much disclosure
4. Avoid to get drunk in case if it is a party with peers
Take the opportunity to build your future team and ensure to strengthen your bonding.
6. Documents of Exit
During and after the exit the following documents are vital for your future requirement and so make sure you get this on time:-
1. Acceptance of the Resignation / Exit request
2. Relieving Letter from the role
3. Exit Formalities completion certificate
4. Full and Final Settlement statement
5. No Dues Certificate
6. Salary / Pay Slips – for the last 3 months
7. Form 16, TDS Certificate
8. Experience Certificate
a. Ensure the Date of your joining and reliving is mentioned
b. Ensure your reliving is mentioned with reason for exit
c. Ensure to have the mention that there is no due from you
d. It is advised to include the mention of the role you performed
7. Build relationships that lasts longer
Stay in touch with your previous employer and your peers, this will boost your career and networking opportunities. It provides industry strength to develop your interpersonal skills and strength of networking.
Resigning professionally can help you maintain good relationships with your former employer.
Please visit - https://careerhub.guru
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