I Escaped 90 days notice period || HR won't tell this secret trick
Summary
TLDRIn this video, Suba, with 3 years of corporate experience, discusses how to handle a 90-day notice period when resigning from a company. She offers practical advice on navigating the challenges of this long notice period, including strategies for negotiating early release, using buyout options, and extending joining dates with future employers. She shares her personal experience of securing multiple offers, the difficulty of finding opportunities during the early months of the notice period, and how approaching companies and leveraging networks can ultimately lead to a smoother transition.
Takeaways
- 😀 Companies often reject candidates with a 90-day notice period, making job transitions difficult.
- 😀 Serving a 90-day notice period after resignation can be mentally challenging as employees no longer want to work for the company or project.
- 😀 One solution is to update your resume on job portals and list a shorter notice period (e.g., 30, 45, or 60 days) to increase interview chances.
- 😀 When applying for new jobs, mention the last working day you have planned rather than the official notice period to avoid confusion.
- 😀 After receiving an offer letter, submit your resignation and request an early release if possible, especially if you're not working on critical tasks.
- 😀 If your team can handle your workload, or you're not essential to a project, you can ask for an early release from your current employer.
- 😀 The buyout option allows you to pay your remaining salary for the notice period in exchange for an early exit.
- 😀 You can extend your joining date with your next employer by using casual or earned leave, making your last working day later than planned.
- 😀 If the new employer offers a joining date before your 90-day notice ends, request an extension by explaining the leave situation.
- 😀 If the 90-day notice period becomes unmanageable, keep applying to other companies and consider negotiating offers from different employers.
- 😀 Networking and asking for referrals can help secure interviews and job offers, especially as the last month of your notice period approaches.
Q & A
Why do companies hesitate to hire candidates with a 90-day notice period?
-Companies often avoid candidates with a long notice period because it delays their ability to bring the candidate onboard. The long wait can be an issue for positions that require immediate staffing.
What challenges do employees face while serving a 90-day notice period after resigning?
-Employees face emotional and physical challenges as they have already made up their mind to leave the company. They need to continue working with the same manager and may have to train juniors while handling their own tasks, making it difficult to stay motivated and productive.
How should an employee approach the job application process when they have a 90-day notice period?
-When applying for jobs, employees should be transparent about their notice period by mentioning a shorter duration (like 30 or 45 days) on job portals. They should also decide on a last working day and stick to it when communicating with potential employers.
What steps can an employee take if they want an early release from a 90-day notice period?
-An employee can request an early release if they are not assigned to a critical project or if other team members can take over their work. Alternatively, they can opt for a buyout option, paying their salary for the remaining notice days in exchange for an early release.
What is a buyout option in the context of a 90-day notice period?
-A buyout option allows an employee to pay the organization for the remaining notice period instead of serving the full duration. For example, if an employee has 60 days left, they would pay the equivalent salary for those 60 days to be released early.
Can an employee extend their joining date if they have a 90-day notice period?
-Yes, employees can negotiate with the next employer to extend their joining date if it falls before the end of their 90-day notice period. This can be done by using casual or earned leave during the notice period, which extends the last working day.
What happens if an employee cannot use the leave extension method and has already received an offer letter with a joining date before 90 days?
-If the employee cannot use the leave extension method and has received an offer letter with a joining date before 90 days, they should continue applying to other companies. The three months of the notice period provide ample time to secure another offer letter.
How can an employee increase their chances of securing a job during the 90-day notice period?
-An employee can continue applying to other companies and update their resume regularly on job portals. Networking, seeking referrals, and applying to multiple companies increases the chances of securing a new job, especially during the last one or two months of the notice period.
Why might companies reject candidates with a long notice period during the initial phase of job applications?
-Companies may reject candidates with a long notice period, especially in the beginning, because they need someone who can join quickly. The long waiting period creates a risk for the company in meeting urgent staffing needs.
What is the typical response from companies when an employee is nearing the end of their 90-day notice period?
-As the employee nears the end of their notice period, companies start showing more interest, and interview calls become more frequent. By the last 15 days or month, the chances of receiving an offer letter increase significantly.
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