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      10-28-2014, 04:08 PM   #23
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Quote:
Originally Posted by NY10 View Post
I work on Wall Street in a big financial company not the same exact as you but still high up. I would go with 6-8 weeks. When I left my last job last March I gave 3 months notice and they ended up letting me go out of the blue on a Monday afternoon with some BS story when I was supposed to continue working until the end of June.
What was the length of time from giving notice until your last actual day when you were let go, just curious?
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      10-28-2014, 04:30 PM   #24
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Fine, if you want to go on the attack....

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Originally Posted by davis449 View Post

I am curious exactly where you and the rest that hold your same\similar opinion get off declaring it's "unprofessional" for a "Director" or "someone of 'that' level" to give less than three weeks to a month's notice. This is business and two weeks is the standard across the board. For the record, I have seen VP's, SVP's, etc. give two weeks notice and continue on with their references and fine careers. Officer of the company is the only position where I might see it as a bad move, but even then...

I'd ask you what you do Mr. Blue Collar, but its the internets and you'd lie. What pray tell is an "Officer" of the company as you so eloquently put it? Two weeks is not the standard across the board. In fact, a number of contracts that I've seen require more notice than that for Director type positions. Just because you've "seen" VP's and SVP's give two weeks notice doesn't mean they didn't give notice earlier to those affected privately. You just may not have found out about it until two weeks prior. Of course, they also could have only given two weeks notice - I don't pretend to know their situation.


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Originally Posted by davis449 View Post
Employers these days don't pay that courtesy to their employees for fuck's sake. I've seen this level people laid off\let go\etc with a week's notice or less before. This notion of 1 month's notice is just ridiculous. Two weeks is more than enough courtesy to let a company know they need to get their ass in gear and find a replacement. "Professionalism" is a two way street. What year do you live in? 1965?
Really - please elaborate oh omniscient one. State people, their title, and the length of severance they got. Guess what...anyone in a more senior position is going to immediately get a lawyer if they are not getting enough notice by law. They know what is being offered to those below them and around them...they aren't going to take one week. Nor will the company wish to engage in a fight over it - much easier for the company to offer a little more and the employee goes away happy, rather than fight and risk paying the employee a lot more in severance plus legal costs.


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Originally Posted by davis449 View Post
If you really think that's unprofessional and are taken so far aback by a two weeks notice from any position, I'd be willing to bet you're the type or senior level person that people up and leave you and not necessarily the company to pursue better opportunities. Ever heard the expression "Employees leave bosses, not the company"?
No...I'm around the level we are talking about (again, I'll re-emphasize for you as you seem to keep dragging this down to entry level jobs and blue collar work - understandable as that's probably where you are). So anyone at my level leaving with two weeks notice isn't going to offend me, nor are they leaving because of me (since I'm not their boss). Nonetheless, unless they want to burn bridges, I don't see them leaving with two weeks notice...just talking about industry standard.

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Originally Posted by davis449 View Post
How do you know they couldn't let him go without paying him out? Do you know he has a contract that specifies a severance package? Do you know what the specific terms of said contract are if it even exists? You make quite a lot of assumptions here.
Everyone up here is entitled to severance after working for a set period of time. He may or may not be entitled. This is the first thing I agree with you on - I did make an assumption that he would be entitled to some severance, but you'll note that I asked "How much severance would he be entitled to".


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Originally Posted by davis449 View Post
Sounds to me like you like to set yourself up to get fucked more than anything. Who says you can't "be decent about it" by handing in (in person) a letter of resignation two weeks to your quit date?
No, I'm just comfortable in the fact that I offer enough value to the Company that I work for that they don't wish to axe me earlier...in fact they wish I would stay rather than leave. Perhaps your experience differs and the companies you work for are thanking their lucky stars to be rid of you and can't wait for you to leave.
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      10-28-2014, 05:31 PM   #25
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Originally Posted by ddk632 View Post
What was the length of time from giving notice until your last actual day when you were let go, just curious?
I gave my notice towards the middle end of Februray and told them I will finish out until Spring which they asked if I can do and would be willing to do and I said of course, I came into work on a Momday, beginning of March and after the work day I was called in and told I was let go. I asked why being I was first asked to work until the end of June and they had no response other than it just wasn't going to work out for them.

I know my new company did not contract them but I often wondered if it was because I was leaving for a better finicinal insitutue and higher position with more income.
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      10-28-2014, 05:59 PM   #26
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Quote:
Originally Posted by NY10 View Post
I work on Wall Street in a big financial company not the same exact as you but still high up. I would go with 6-8 weeks. When I left my last job last March I gave 3 months notice and they ended up letting me go out of the blue on a Monday afternoon with some BS story when I was supposed to continue working until the end of June.
Yet here you are telling the OP to give 6-8 weeks. Didn't you learn anything after they canned you when you gave 3 months notice?

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      10-28-2014, 06:07 PM   #27
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Originally Posted by Joekerr View Post
What pray tell is an "Officer" of the company as you so eloquently put it? Two weeks is not the standard across the board. In fact, a number of contracts that I've seen require more notice than that for Director type positions.
1. An officer of the company are personally liable for company operations, are publically listed (meaning compensation is public record), e.g., Chief Financial Officer, Chief Technology Office..Chief Executive Officer

2. Two weeks is standard across the Board. I have known several Managing Directors who have only given two weeks.

3. Employment contracts have no bearing here. This is "at will" employment, meaning either party can terminate at any time. Contractual employment is different usually have set terms for separation, non-compete clauses, etc.

I really don't know what fantasy world some of you live in, but in the real world, no one gives months of notice for resignations.

Last edited by m3ray; 10-28-2014 at 06:12 PM..
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      10-28-2014, 07:01 PM   #28
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Bottom to up notice date.

minimum wage--2weeks
sales-- 1-3 day (I tried 2 weeks and it doesn't work out that way)
non-executive jr or sr management-- 2wk-1mo
Sr management-- 3-6mo
executive position-- 3-6mo
publicly traded executive position-- whatever BOD wants.
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      10-28-2014, 07:08 PM   #29
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Quote:
Originally Posted by MrPrena View Post
minimum wage--2weeks
sales-- 1-3 day (I tried 2 weeks and it doesn't work out that way)
non-executive jr or sr management-- 2wk-1mo
Sr management-- 3-6mo
executive position-- 3-6mo
publicly traded executive position-- whatever BOD wants.
So what is the source of this lovely information?

Whatever the Board of Directors want? What are they going to do, chain you to your desk

2 weeks folks, 2 weeks.
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      10-28-2014, 07:25 PM   #30
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C level executives are not the typical employee.

They have contracts which may spell out their exit strategy and replacing a CEO is not the same as replacing a Director of Whatever. Yes, most states are "right to work" states, but that does not preclude contracts from stating that if X notice is not given, then Y severance is not to be paid.

Often times a CEO may even be ousted by the board to, err, "voluntarily resign" usually many months down the line.

I can see an SVP giving more than a two week notice.

But director level? Directors are a dime a dozen. It's a step above Manager or Sr. Manager. I've seen a director ousted at the drop of a hat.

3-5 month notice for a director is crazy.

That all being said, it all depends on one's relationship with their employer and their position within the corporate structure.

I stand by my statement that 2 weeks is sufficient for virtually anyone save C level execs and SVP's. In some companies VP might be part of that list also, but not necessarily.

This is all my opinion, because in reality I just operate an orange stand which I admittedly don't even own. We don't have a corporate structure. But, I did stay at a Holiday Inn Express once in 2004.
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      10-28-2014, 08:03 PM   #31
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Quote:
Originally Posted by m3ray View Post
Yet here you are telling the OP to give 6-8 weeks. Didn't you learn anything after they canned you when you gave 3 months notice?

Coming from a high up position in certain jobs you have to give ample notice. Just because I got fired the way I did has nothing to do with other companies. I left my company for a rival wall street company so I'm sure that played a major role, plus I had high end clients I was taking with me and they knew that and the company lost major accounts.

In certain professional worlds you cannot leave a job with a few days or weeks notice, there is training to be done and the new job might have a contract that states when you can start with them.
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      10-28-2014, 11:40 PM   #32
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Quote:
Originally Posted by m3ray View Post
So what is the source of this lovely information?

Whatever the Board of Directors want? What are they going to do, chain you to your desk

2 weeks folks, 2 weeks.
2weeks notice on Top executive position would bring very nice result on the next trading day on a wall street.
Why do you think they talk with their team, and bod before they resign?
10-12% decline in mkt cap would be nice. classy....



Quote:
Originally Posted by ddk632 View Post
C level executives are not the typical employee.

They have contracts which may spell out their exit strategy and replacing a CEO is not the same as replacing a Director of Whatever. Yes, most states are "right to work" states, but that does not preclude contracts from stating that if X notice is not given, then Y severance is not to be paid.

Often times a CEO may even be ousted by the board to, err, "voluntarily resign" usually many months down the line.

I can see an SVP giving more than a two week notice.

But director level? Directors are a dime a dozen. It's a step above Manager or Sr. Manager. I've seen a director ousted at the drop of a hat.

3-5 month notice for a director is crazy.

That all being said, it all depends on one's relationship with their employer and their position within the corporate structure.

I stand by my statement that 2 weeks is sufficient for virtually anyone save C level execs and SVP's. In some companies VP might be part of that list also, but not necessarily.

This is all my opinion, because in reality I just operate an orange stand which I admittedly don't even own. We don't have a corporate structure. But, I did stay at a Holiday Inn Express once in 2004.
I agree ^
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      10-29-2014, 06:03 AM   #33
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I have no insight on managerial type positions. But am just commenting on the white collar job statements.

I've worked in Federal government contracting for most of my career. I've done lab research work to IT positions. The "standard" for these positions have and always is 2 weeks. My last position I was in before my current job was at a large defense contracting company where I was a key person on the project I was working on. The government tried to talk me out of leaving along with my company. I decided to still leave. They asked if I could stay longer than the two weeks to help get things situated as I was responsible for and designed a critical IT infrastructure. I agreed. It was a month. At the end of the month, I still hadn't finished everything I needed, and the government asked if I could stay another week or two. I asked my new employer if they would be ok with this. My manager said in the interest of providing good will to the US Government, they agreed but said I need to make this the last extension. I worked till the end of the extension without any drama.

Now being in the government contracting world for about 20 years, I can say I've seen the whole range of notices. While 2 weeks was the standard, some people were disgruntled enough to give less than that. Companies would some times give their workers 2 weeks to about a month to find other work in the company or some where else if they're contract position was coming to an end. Some companies would just meet you the day of and pull you into the office, explain you're laid off and then escort you out the door. Some provided severance some didn't...no matter how long you were with the company.

Now I'm working for a large IT vendor. I've seen the same two weeks notice standard for my peers all of whom are very senior. Some were able to work till the end of the 2 weeks. Some were asked to leave immediately when the person divulged they were leaving for a competitor.
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      10-29-2014, 09:16 AM   #34
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When I win the Mega, I'm done as soon as I verify the ticket. I'll rent someone to get up and go in every morning, and they can text my attendant to see if I'm awake and had my coffee yet. All the passwords are written on a sheet in the safe, I'll make sure I print a new one as I go home (or wherever my first leisure trip takes me)
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      02-26-2015, 01:18 PM   #35
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I just remembered this post and thought I would provide an update. I appreciate everyone's input to the original post.

I opted to give a 3-month resignation notice. Oddly enough, one of our regional VP's did the same just a couple of weeks before me. The length of notice was definitely appreciated and I'll be participating in the interview process for my replacement. I'm down to about 5 weeks left. We agreed on my last day, although I may extend it a few days so that there is some overlap with my successor once chosen. That will depend on their timeline.

The longer notice ended up being the right decision, at least in my situation. My new employer was also impressed with the decision, so I made the right choice.
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      02-26-2015, 01:32 PM   #36
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I've held a C-level position before, and worked out a mutually beneficial transition plan. It allowed me to start my new position in time, but also not leave the company you're currently employed with in a bind.
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      02-26-2015, 02:15 PM   #37
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Quote:
Originally Posted by PsychoSlug View Post
I just remembered this post and thought I would provide an update. I appreciate everyone's input to the original post.

I opted to give a 3-month resignation notice. Oddly enough, one of our regional VP's did the same just a couple of weeks before me. The length of notice was definitely appreciated and I'll be participating in the interview process for my replacement. I'm down to about 5 weeks left. We agreed on my last day, although I may extend it a few days so that there is some overlap with my successor once chosen. That will depend on their timeline.

The longer notice ended up being the right decision, at least in my situation. My new employer was also impressed with the decision, so I made the right choice.
Thanks for updating this thread - appreciated!

Good to hear it worked out for you (I thought it would as evident in my posts). Best of luck in the new job!
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      02-26-2015, 02:27 PM   #38
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Quote:
Originally Posted by PsychoSlug
I just remembered this post and thought I would provide an update. I appreciate everyone's input to the original post.

I opted to give a 3-month resignation notice. Oddly enough, one of our regional VP's did the same just a couple of weeks before me. The length of notice was definitely appreciated and I'll be participating in the interview process for my replacement. I'm down to about 5 weeks left. We agreed on my last day, although I may extend it a few days so that there is some overlap with my successor once chosen. That will depend on their timeline.

The longer notice ended up being the right decision, at least in my situation. My new employer was also impressed with the decision, so I made the right choice.
Ah, glad you made the right decision! Sounds like an awesome parting from that company! Well done!
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      02-26-2015, 02:46 PM   #39
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I gave my one month notice and they asked to me to stay two months and I did as my position wasn't something you can just replace. It was long and it was hard to stay focused but I did them a favor. Now they are my biggest client for years.
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      02-26-2015, 03:14 PM   #40
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it was hard to stay focused
This. Big time. Coordinating the purchase of a new house across the country, not to mention sell the current one, doesn't help with the focus aspect!

Thanks for the well wishes everyone.
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