There are so many reasons for a person to quit a job. It can be to take another job for better pay, work in a less stressful environment, or to have the position of your dreams. Some also quit their job with no intention of working anywhere else. Whatever your reason may be, it can be overwhelming to handle all there is to do at the last minute. Make sure you are prepared to leave. Here are four things to do before quitting a job.
If you are quitting your job because you have a new job lined up, make sure to get the offer in writing first. Your new employer can change their mind at any time, so it’s nice to have something firm to grasp on and know the expectations.
If you do not have a job lined up, have something lined up so when you do enter the workforce, it won’t be a huge gap in your employment history. You can volunteer or start your own business. Many companies frown upon a person leaving a company for no valid reason. It makes them concerned about hiring you into their company.
Get Your Retirement and Insurance Options Together
Hopefully, your employer offered you retirement and health insurance benefits. Review your policies so you can decide if you want to take your retirement funds with you to a private institution, transfer it to your new employers’ plan, or leave it with your employer.
Also, check out your insurance options. You should be eligible for continuing your health benefits through COBRA and pay for your same policy out of pocket until your new plan is effective at your next employer. Also, if you do not already have it, sign up for life insurance through your company so you can continue to pay for that as well. You always want to have a good life insurance policy in place, especially being unemployed.
Get Your Savings Account Together
It doesn’t matter if you have a new job lined up or not, it’s always best to keep enough savings in case you need to pay bills or cover emergency expenses. No job is guaranteed to be permanent. You are also not guaranteed unemployment benefits, especially if you quit your job. A good rule of thumb is to have 6 months’ worth of expenses saved up.
Gather Important Materials
Make sure to gather important materials before giving notice. Some employers have a policy where they will immediately walk you out the door upon notice. Gather all your personal belongings and clear the clutter without causing too much attention. Start gathering contact information for colleagues you’d like to keep up with. Make sure to get copies of supporting emails from co-workers and your boss. Get copies of reference materials you’ve found useful, making sure not to break company policies. Finally make sure you have your performance appraisals. You’ll want any of that feedback and information listed because it’s helpful in updating your resume, as well as can guide you through your interview process.