Se préparer quand vient le temps de quitter un emploiMay 12, 2017

Preparing to quit a job

Have you had enough? Do you want to see what exists elsewhere? Is your contract expiring? Whatever your reason may be, leaving a job is never to be taken lightly. Uncertainty and income loss may cause anxiety, but leaving a job may also be an excellent decision for the long term. Before you quit, be sure to figure out what to expect and consider the reasons you are quitting.

What are the reasons?

Are you currently in a trouble company with an unpredictable atmosphere and a decreasing number of customer and employees? Are you in an unsatisfactory position or a department without many future prospects?

It’s a good idea to start planning your departure. You may have the desire to remain loyal to your employer, which is normal, but stay alert: this very loyalty can turn against you and send you sinking with the ship straight to unemployment. Tell yourself that there is no harm in seeing what else is out there, the sooner – the better.

We recommend that you save up a sum equivalent to at least three months’ salary to be able to face the waves of uncertainty.

You should remember that if you leave your job of your own accord without any reason for it, you will not be entitled to receiving Employment Insurance benefits and will have to work for a certain number of hours at a new job in order to qualify. However, you may qualify for parental, sickness or compassionate benefits.

Can you afford to leave?

You may have a very good reason to quit the job, but even then you may not afford to leave. First of all, financially, not having a job may put you in a very delicate situation. That is why no matter what a potential new employer may promise you, it is in your best interest to find a new job before leaving the current one.

If you decide to go back to school, change careers, or just take on new challenges, be patient. These things take a lot of work, so set realistic goals and identify your strengths and weaknesses.
Once you have identified a few positions that may be of interest, go through the ads carefully to pinpoint the qualifications and duties. Update your resume for the specific jobs and ask a trusted person to role-play an interview with you. One can never be too prepared.

What should be done in case of the unexpected?

Regardless of how good your strategy may be, always prepare a Plan B. After all, what is the point of leaving one job for another that would make us even more unhappy?

For a plan to work well, it is always a good idea to share it with someone you trust who knows your situation well. This is one of the reasons meeting with a financial advisor may be very useful to analyze how the decision to leave may impact your finances and plan out your financial actions for the months or even years in the future.

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