When valuable employees quit or resign
danielodio.com
danielodio.com
Although two weeks notice is standard, give more notice
if you're willing to. Give four or even six weeks. The
only caveat here is that if the CEO reacts poorly when
you give notice, you might find yourself escorted out
of the building that very moment.
Please (especially recent grads, I'm talking to you here) don't let yourself buy in to the "the employee should be loyal to the company, but not expect loyalty in return" trope that is all too common. Your job (in most cases!) is not a matter of loyalty for either party. It's a business arrangement between two consenting parties that work be performed for pay. There is almost always a built-in part of that arrangement to facilitate a smooth ending.By all means, act professionally and with integrity in your dealings with your employer. But remember your job is not a favor they are doing you.
"No surprises: Even worse than leaving is giving little or no notice. Then the company has to scramble to fill the immediate void. Although two weeks notice is standard, give more notice if you're willing to. Give four or even six weeks. The only caveat here is that if the CEO reacts poorly when you give notice, you might find yourself escorted out of the building that very moment. So you have to be ready for that. But hey, if you wanted to go anyways, then that might be OK with you."
So you should do the "right thing" for the benefit of the CEO who probably holds 10-30+% of this company compared to your 0.0X%, but willing to accept that they may insta-can you because they "react poorly" to this news.
Many people in this position may truly want to give 2,3 or even more weeks notice out of guilt, but they ALSO might financially really need not to have that income gap. Logic (or call it good business) would dictate that in that financial position, you give a standard two weeks notice and hope that if you DO get escorted out, they at least pay you out for the two weeks.
The author's take on this is "you have to be ready for that"? I don't get it.
This article isn't talking about low-class, factory work where most employees are living paycheck-to-paycheck. This is the middle class, and you're expected to bring a little stability to the table. If you can't do that, it's your fault, not your employer's.
If the job is that essential, the founders should be able to do it themselves. If not, then yeah, it can wait.
I think it's not crazy to say that many small companies may have even more motivation to make that move, as they don't want the morale drain on the other employees imposed by having someone around that has one foot out the door.
Because back of the napkin math is fun, let's say we're talking SF, a bright kid <2 years out of college that loves reading HN and decided she wanted to try the startup thing. They joined a startup as an early employee, but maybe past the first 3, and have a few basis points of equity, and took a salary of $100k/year instead of a fat offer twitter gave them for the opportunity to wear many hats and learn a lot.
Using this page
http://www.adp.com/tools-and-resources/calculators-and-tools...
and plugging in a gross yearly income of $100k for CA, that gives me a bi-weekly pay of $2,441.23.
That's easily a month's rent, which I'd posture is NOT trivial for a person in this situation. Absorbable? Totally, but NOT something it'd be a good idea to risk from a business perspective.
Call up dad and ask for some cash to float you until your next payday. Your career will thank you when you don't externalize your rash decisions on your colleagues. Or did you move to SF for a dream with absolutely no safety net?
But whatever. If you're really in that position, sure, go ahead and fuck the people who took a chance on you and trusted you to build their business. If you're that scared they're going to turn around and fire you on the spot for taking another job, then be my guest.
But don't expect me to pat you on the back and say you did good when you're really just demonstrating a lack of foresight and a lack of faith in your coworkers / bosses.
I don't do business that way. My last job, I busted my ass to finish the project they gave me, even working on the weekend when I didn't have to, during the two weeks I gave notice. I told the guy who I was handing it off to to call me anytime if he needs any help.
If they'd just let me go, no sweat, I've got backup options. But generally, I don't take jobs anymore where my work isn't essential and I'm fungible. You shouldn't either, then you won't have to face this situation. If you're not damn useful to your organization, then what the hell are you there for then?
If you want to leave a company and burn the relationships you formed while you were there, then by all means, give as little notice as possible.
If the employer doesn't offer you a contract with terms about mutual notice periods, I don't think it would be prudent to unilaterally extend a lengthy notice period with no assurances from the other side. As the article admits, if you give six weeks' notice and the boss reacts angrily, he/she can turn around and fire you instantly with no notice, since the company never committed to any notice period. It's a completely asymmetric situation there. Giving notice closer to when you plan to leave the job (say, the traditional two weeks) reduces your downside exposure to loss of income.
I do think it would be nice, for both sides, if mutual notice periods of at least a few weeks became more common terms in employment contracts. That way the company can plan for the loss of the employee, and employees who are to be terminated can plan for the loss of job/income.
Although two weeks notice is standard, give more notice
if you're willing to. Give four or even six weeks
I question why this should be asymmetrical.If it were the other way round, and it was to the company's advantage for you to leave as soon as possible, how many CEOs would give three times as much notice as they were contractually obliged to?
If you went to a store to buy fruit, and they would only give you the fruit two weeks after you bought it, you'd walk out. You've got the cash, so they need to meet your timeliness terms, not the other way around.
When you start making blanket statements about "you should always give [something]," then maybe it should be contractual rather than an "unwritten rule."
Seriously? Let me spell it out:
The CEO has a significant amount of stock, unlike most employees, so the success of the company makes a big difference to the CEO. To the employees, it might translate into less money than they can get by changing jobs.
And to the employees, it feels like they have more commitment than the CEO. As jwz pointed out[1], the employees sleep under their desks but the CEO goes home at night.
[1] http://www.jwz.org/blog/2011/11/watch-a-vc-use-my-name-to-se...
Oh lawdamercy, cry me a river. Getting a new job is a PITA, and most employees aren't going to jump without very strong reasons.
1. they got another offer to good to refuse. You should be happy for them.
2. the company does not feel financially stable. That's your fault, bubs.
3. they're being treated badly or morale has flatlined -
that's definitely your fault, twinkletoes.
This article is essentially telling the departing employee to bend over, for free. Good one.Here's some better advice to a CEO:
1. don't take it personally
2. give the employee an opportunity for an exit interview *with you*.
Don't fob the job off onto some underling.
While some departing staff will decline as they don't want to
burn imaginary bridges, most passionate staff will give you an
unvarnished look at the company.
3. talk to other seniors in the company and try to determine if the
problem is individual or systemic.You'll be forgotten in three weeks.
Some CEOs can handle this, but most probably can't, due to time or temperament. Some companies may not need this, but most probably do. . .at least to help with the initial shock and/or readjustment(s).