{"id":10426,"date":"2019-11-21T14:28:16","date_gmt":"2019-11-21T14:28:16","guid":{"rendered":"https:\/\/keblog.demoapp.xyz\/?p=10426"},"modified":"2022-10-19T03:49:49","modified_gmt":"2022-10-19T03:49:49","slug":"timing-is-everything-should-i-really-resign-as-the-year-ends","status":"publish","type":"post","link":"https:\/\/neo-blog.kalibrr.com\/blog\/timing-is-everything-should-i-really-resign-as-the-year-ends","title":{"rendered":"Timing is Everything: Should I Really Resign as the Year Ends?"},"content":{"rendered":"<p dir=\"ltr\"><img loading=\"lazy\" class=\"aligncenter size-full wp-image-10430\" src=\"https:\/\/neo-blog.kalibrr.com\/blog\/wp-content\/uploads\/2022\/10\/timing-is-everything-should-i-really-resign-as-the-year-ends.png\" alt=\"timing-is-everything-should-i-really-resign-as-the-year-ends\" width=\"1326\" height=\"446\" srcset=\"https:\/\/neo-blog.kalibrr.com\/blog\/wp-content\/uploads\/2022\/10\/timing-is-everything-should-i-really-resign-as-the-year-ends.png 1326w, https:\/\/neo-blog.kalibrr.com\/blog\/wp-content\/uploads\/2022\/10\/timing-is-everything-should-i-really-resign-as-the-year-ends-300x101.png 300w, https:\/\/neo-blog.kalibrr.com\/blog\/wp-content\/uploads\/2022\/10\/timing-is-everything-should-i-really-resign-as-the-year-ends-1024x344.png 1024w, https:\/\/neo-blog.kalibrr.com\/blog\/wp-content\/uploads\/2022\/10\/timing-is-everything-should-i-really-resign-as-the-year-ends-768x258.png 768w\" sizes=\"(max-width: 1326px) 100vw, 1326px\" \/><\/p>\n<p class=\"text-align-justify\" dir=\"ltr\"><em>For many, a new year means new life, which sometimes means new work.\u00a0But is it really the best idea to resign from your current job as the current year ends?<\/em><\/p>\n<p class=\"text-align-justify\">With the holidays in full swing, it is typical for many employees to also be considering having the end of their time with their companies to coincide with the end of the year. After all, year-end bonuses are typically released at this time, and being equipped with that money\u2013 while also accomplishing most, if not all\u2264 work-related tasks for the year\u2013 does indeed make it feel like it is the most opportune time to explore other career opportunities. And these include roles vacated by others who are also really doing the same thing.<\/p>\n<p class=\"text-align-justify\">While the end of the current year (or the start of the new one) being the best time to leave a job and look for a new one is debatable, it is hard to deny the popularity of the practice. You\u2019re reading of this article alone means that it is at least something you are considering, after likely hearing of how a colleague or two is planning to do it, or how well it had worked out for others.<\/p>\n<p class=\"text-align-justify\">However, before you make the bold decision to up and leave and rely on your year-end bonus for your finances for the next few weeks or so, there are some considerations you may want to make.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_26 counter-hierarchy\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">TOPICS<\/p>\n<span class=\"ez-toc-title-toggle\"><a class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" style=\"display: none;\"><label for=\"item\" aria-label=\"Table of Content\"><i class=\"ez-toc-glyphicon ez-toc-icon-toggle\"><\/i><\/label><input type=\"checkbox\" id=\"item\"><\/a><\/span><\/div>\n<nav><ul class=\"ez-toc-list ez-toc-list-level-1\"><li class=\"ez-toc-page-1 ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/neo-blog.kalibrr.com\/blog\/timing-is-everything-should-i-really-resign-as-the-year-ends\/#Are_there_still_skills_to_learn_and_experience_to_gain_in_your_current_company\" title=\"Are there still skills to learn and experience to gain in your current company?\">Are there still skills to learn and experience to gain in your current company?<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/neo-blog.kalibrr.com\/blog\/timing-is-everything-should-i-really-resign-as-the-year-ends\/#Are_new_opportunities_reachable_or_for_now_more_of_an_idea\" title=\"Are new opportunities reachable or (for now) more of an idea?\">Are new opportunities reachable or (for now) more of an idea?<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/neo-blog.kalibrr.com\/blog\/timing-is-everything-should-i-really-resign-as-the-year-ends\/#Are_you_indeed_entitled_to_a_year-end_bonus_and_other_similar_payments\" title=\"Are you indeed entitled to a year-end bonus and other similar payments?\">Are you indeed entitled to a year-end bonus and other similar payments?<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/neo-blog.kalibrr.com\/blog\/timing-is-everything-should-i-really-resign-as-the-year-ends\/#If_you_are_do_you_need_to_be_around_for_it\" title=\"If you are, do you need to be around for it?\">If you are, do you need to be around for it?<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-3\"><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/neo-blog.kalibrr.com\/blog\/timing-is-everything-should-i-really-resign-as-the-year-ends\/#Timing_is_Everything\" title=\"Timing is Everything\">Timing is Everything<\/a><\/li><\/ul><\/nav><\/div>\n<h3 class=\"text-align-justify\" dir=\"ltr\"><span class=\"ez-toc-section\" id=\"Are_there_still_skills_to_learn_and_experience_to_gain_in_your_current_company\"><\/span>Are there still skills to learn and experience to gain in your current company?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p class=\"text-align-justify\">With a new year right around the corner, everything feels rather promising. And while you, like everyone else, surely deserve a fresh start, a reset in your career may not always be the best way to go about it.<\/p>\n<p class=\"text-align-justify\">This is particularly true if are still relatively new in the workforce and have only been employed no more than a year or two. Granted, while an increasing number of employers are now looking at applicants\u2019 skills more than their years of experience or school which they graduated in, taking time to hone your craft and uncover other talents remains paramount in your being able to successfully take the next step in your career.<\/p>\n<p class=\"text-align-justify\">So ask yourself: \u201cHave I learned everything I can in this company?\u201d If you\u2019ve fully determined that you\u2019ve stopped learning and stopped growing, then it indeed is time to get out. But, if you feel you\u2019re still getting that added value from your company on top of what you earn, then it may be better to stay put a while longer.<\/p>\n<h3 class=\"text-align-justify\" dir=\"ltr\"><span class=\"ez-toc-section\" id=\"Are_new_opportunities_reachable_or_for_now_more_of_an_idea\"><\/span>Are new opportunities reachable or (for now) more of an idea?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p class=\"text-align-justify\">As previously mentioned, the prospect of the fresh start that coincides with the New Year can be overwhelming, so much so that many of us want to take that leap of faith take that risk of leaving our present jobs to be free enough to explore new opportunities.<\/p>\n<p class=\"text-align-justify\">The question is, however, are there indeed new opportunities that can be had? Or is it just the possibility of finding greener pastures being what\u2019s driving as to let go and look? It is said that there are no guarantees in life, and this definitely includes employment, making it paramount to have a job (or at least a better plan) lined up before leaving your current company.<\/p>\n<p class=\"text-align-justify\">If you want to look around, then, by all means, look around. Opportunities, after all, don\u2019t find us. Surely you\u2019re not working 24\/7, so you\u2019ll have time to log-in to your Kalibrr account and view which opportunities best line up with the skills and experience you\u2019ve gained so far. You can do it on mobile as well, just make sure you don\u2019t do it during working hours.<\/p>\n<h3 class=\"text-align-justify\" dir=\"ltr\"><span class=\"ez-toc-section\" id=\"Are_you_indeed_entitled_to_a_year-end_bonus_and_other_similar_payments\"><\/span>Are you indeed entitled to a year-end bonus and other similar payments?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p class=\"text-align-justify\">While some may not admit it, year-end bonuses on top of the\u00a0law-mandated\u00a0thirteenth month-pay are the main reason they are resigning now instead of earlier in the year. Then for others, its these payouts\u00a0(and sometimes the income tax return that follows several weeks later) that emboldens them to leave their job, as they feel it can cover their finances for a few weeks while they look for \u201cbetter\u201d opportunities.<\/p>\n<p class=\"text-align-justify\">In effect, it is a good idea to have some money set aside to serve as a budget while in between jobs. However, problems can arise when the time spent between jobs becomes longer than expected and\/or the bonuses we expected to receive while rendering our last few weeks at the job is lesser than we initially thought, or that we end up not receiving these at all.<\/p>\n<p class=\"text-align-justify\">The bonus criteria of many companies can be rather exacting. For one, most typically have the amounts as pro-rated and will be based on how many months you actually worked for them for the calendar year. Then, eligibility is also a concern as some companies may only provide bonuses to tenured\/regularized employees.<\/p>\n<h3 class=\"text-align-justify\" dir=\"ltr\"><span class=\"ez-toc-section\" id=\"If_you_are_do_you_need_to_be_around_for_it\"><\/span>If you are, do you need to be around for it?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p class=\"text-align-justify\">In as much as most who resign towards the end of the year do so in consideration of their year-end bonus, it\u2019s payout still remains subject to an employer\u2019s discretion. Outside of tax refunds, companies are not mandated by law to provide bonuses or incentives, and in effect, allows them to set the provisions of when they do.<\/p>\n<p class=\"text-align-justify\">This often includes employees needing to be part of the company as bonuses are paid out. Granted, there usually a 30-day notice that needs to be rendered upon resignation, which in effect makes you part of the company for a month more, a time which can include the bonus payout schedule. But\u2026 what if the company says there\u2019s no need to render 30 more days in the office? What if they say, you only need to stay a week or two. Or say you can leave as soon as you resign? That, as a result, ensures you DON\u2019T receive a bonus.<\/p>\n<p class=\"text-align-justify\">Seems a little cut-throat? Absolutely. But remember year-end bonuses\u2013 and incentives in general\u2013 are designed to reward employees for not only their work but also their loyalty and value to the team, not their desire to jump ship. So if your company says you have to be there during, and sometime after, bonuses are paid to actually get it, then you might want to at least reconsider the time you leave the company.<\/p>\n<h3 class=\"text-align-justify\" dir=\"ltr\"><span class=\"ez-toc-section\" id=\"Timing_is_Everything\"><\/span>Timing is Everything<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p class=\"text-align-justify\">Indeed, when opting to leave your current job, timing can be everything. So whether the start, end, or middle of the year, what is important is to have a good reason as to why you want to move on, and to actually have a plan in place for what happens next.<\/p>\n<p class=\"text-align-justify\">Considering resigning as a step towards a goal, and not the end game, and time it so that all variables: your bonuses, tax incentives, the things you need or want to learn or get better at, your next job, the time you need to take if you need a break, and anything else you may deem important, are all given the proper amount of consideration.<\/p>\n<p class=\"text-align-justify\"><em>Need help finding that dream job?\u00a0<a href=\"https:\/\/www.kalibrr.com\/candidate\/signup\" target=\"_blank\" rel=\"noopener\">Sign up at Kalibrr<\/a>\u00a0and be connected to thousands of employers, today!<\/em><\/p>\n<hr \/>\n<p class=\"text-align-justify\" dir=\"ltr\"><em>Kalibrr is a technology company that aims to transform how candidates find jobs and how companies hire talent. Placing the candidate experience at the center of everything it does, the company continues to attract the best talent from all over, with over 2.7 million professionals and counting. Kalibrr ultimately connects these talents to companies in search of their next generation of leaders.<\/em><\/p>\n<p class=\"text-align-justify\"><em>The only end-to-end recruitment solutions provider in Southeast Asia, Kalibrr is headquartered in Makati, Philippines, with offices in San Francisco, California, and Jakarta, Indonesia. Established in 2012, it has served over 18,000 clients and is backed by some of the world\u2019s most powerful start-up incubators and venture capitalists. These include Y Combinator, Omidyar Network, Patamar Capital, Wavemaker Partners, and Kickstart Ventures.<\/em><\/p>\n<p class=\"text-align-justify\"><em>For application help and additional professional advice, follow Kalibrr on\u00a0<a href=\"https:\/\/www.facebook.com\/Kalibrr\" target=\"_blank\" rel=\"noopener\">Facebook<\/a>,\u00a0<a href=\"https:\/\/twitter.com\/kalibrr\" target=\"_blank\" rel=\"noopener\">Twitter<\/a>,\u00a0<a href=\"https:\/\/www.linkedin.com\/company\/kalibrr-technology-ventures\/\" target=\"_blank\" rel=\"noopener\">LinkedIn<\/a>, and\u00a0<a href=\"https:\/\/www.instagram.com\/kalibrr\/\" target=\"_blank\" rel=\"noopener\">Instagram<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>For many, a new year means new life, which sometimes means new work.\u00a0But is it really the best idea to resign from your current job as the current year ends? With the holidays in full swing, it is typical for many employees to also be considering having the end of their time with their companies [&hellip;]<\/p>\n","protected":false},"author":16,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[18],"tags":[],"_links":{"self":[{"href":"https:\/\/neo-blog.kalibrr.com\/blog\/wp-json\/wp\/v2\/posts\/10426"}],"collection":[{"href":"https:\/\/neo-blog.kalibrr.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/neo-blog.kalibrr.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/neo-blog.kalibrr.com\/blog\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/neo-blog.kalibrr.com\/blog\/wp-json\/wp\/v2\/comments?post=10426"}],"version-history":[{"count":0,"href":"https:\/\/neo-blog.kalibrr.com\/blog\/wp-json\/wp\/v2\/posts\/10426\/revisions"}],"wp:attachment":[{"href":"https:\/\/neo-blog.kalibrr.com\/blog\/wp-json\/wp\/v2\/media?parent=10426"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/neo-blog.kalibrr.com\/blog\/wp-json\/wp\/v2\/categories?post=10426"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/neo-blog.kalibrr.com\/blog\/wp-json\/wp\/v2\/tags?post=10426"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}