Thread: Number of days notice before quitting job
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Jul 4th, 2007 12:20 PM
#1
Jr. Member

Number of days notice before quitting job
OK I just started a new jobs and I'm in my first week of training. I have a job offer from company B. The salary is the same, it it does not start until September. I really wanted to work for company B because it's related to what I studies at University. My plan was to work for 2 months with company A to get some extra cash then quit my job and work for company B. The contract for company B says that I need to give one month of notice before quitting. But I assume that is when you pass your 3 month probation because the next paragraph says that I can be terminated any day during my probation. If I gave them my resignation letter 2 weeks before september would they let me leave I would still be on probation, or should I just give them 1 month of notice?
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Jul 4th, 2007 02:29 PM
#2

Originally Posted by
supercool
OK I just started a new jobs and I'm in my first week of training. I have a job offer from company B. The salary is the same, it it does not start until September. I really wanted to work for company B because it's related to what I studies at University. My plan was to work for 2 months with company A to get some extra cash then quit my job and work for company B. The contract for company B says that I need to give one month of notice before quitting. But I assume that is when you pass your 3 month probation because the next paragraph says that I can be terminated any day during my probation. If I gave them my resignation letter 2 weeks before september would they let me leave I would still be on probation, or should I just give them 1 month of notice?
If you are leaving after 2 months, chances are company A would not give you any references (your time there was just too short). And if that's the case, it really doesnt matter when you leave, standard 2 weeks notice would be good. I was told during probation, you can leave any time you like just like the company can fire you anytime they want.
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Jul 9th, 2007 07:19 PM
#3
Ok I have another questions and I don't want to start a new thread. Regarding company A it is a hedge fund company a leader in its industry and my title is settlement. Salary is entry level. Basically I would be on the phone most of the day tracking funds and transaction. Company B is with CIBC where I will work as a technical business analyst. It is a coop program that does not start until September and it is for 4 month after they will either extent my contract until I get a full time job or hire me full time as a technical business analyst same salary as company A. And last I just got a call from RBC for an interview for the operation officer it is in a help desk environment.
If I stay with company A I will have a paycheck and benefits but I won't be working in IT and is something I can’t see myself doing for a long period of time. If I go with CIBC I will have no benefits and would need to continue to apply for jobs but the experience as technical business analyst I think will be very valuable. If I get hired with RBC I will have to work in a help desk environment but I not that interested in doing help desk but I think salary I will earn in RBC will be greater than those other 2 company.
Which job should I take? This will be my first full time job after graduating from univeristy. I looking for a position that will have an excellent opporunity for growth and development.
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Jul 10th, 2007 01:01 AM
#4
You keep talking about "benefits" as if it's some big deal. You sound like a young healthy single guy, so why are you so fixated on benefits?? They're like $500 or $1000 a year.
Of course you want a position with "opportunity for growth & development" heh if you didn't grow & develop right after university you'd spend your entire life as an intern.
Definitely choose the position that moves you along your desired career path. After a while you'll look back and regret all the time you wasted doing stuff that wasn't relevant.
Right after college I turned down all sorts of "techie" jobs paying $15/hr (so i could do $8/hr temp labour) while i waited for something I wouldn't want to leave right away. 3 months later I finally got a job which basically set the tone for my last 7 years of employment.
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Jul 11th, 2007 09:19 AM
#5
Your message was before the CIBC announcement so you probably know the answer by now -- stay away from CIBC. Plus, technical business analyst means you're really just documenting business requirements for the technology team to implement. You'll be sick of that job after a few months -- unless you like to be scrutinized over what each and every sentence means. RBC, like you said is a help desk job and you can get that at any time -- turnover is usually 6 months so they're always hiring. So, I'd stick with the hedge fund company and learn everything they do. Also, build your network and get your CSC, CFA, CFP, etc. If nothing else, you'll learn to how to invest your money in real life.. something they don't teach in university.
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Jul 11th, 2007 10:04 AM
#6
Agreed. Business Analysts usually stare at Visio diagrams or Crystal Reports all day. It's not really a 'technical' role. I worked in a similar capacity for a year before moving on, and other BAs I've talked to say that the money's not as good as finance. If you can excel at either job, I'd say the hedge fund has better opportunity for growth. You can get a CMA or CFA cert and move up the ladder from there.
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Jul 11th, 2007 11:10 AM
#7
If the salary is the same, I wouldn't leave a permanent job for a contract position. I would stay at company A until you find something that is definately better, not just potential.
Early in your career it is important to gain experience. Stay with company A for 6 months or a year and then re-evaluate.
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Jul 11th, 2007 12:39 PM
#8

Originally Posted by
Impossibles
If the salary is the same, I wouldn't leave a permanent job for a contract position. I would stay at company A until you find something that is definately better, not just potential.
Early in your career it is important to gain experience. Stay with company A for 6 months or a year and then re-evaluate.
Agreed, get some experience on your resume then take a look around, there will be more things open to you. It takes 3-6 months just to get upto speed so such a short employment would look bad on your resume if you where foolish enough to put it on there.
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Aug 16th, 2007 04:31 PM
#9
Well i'm into my 7th week into in work at the hedge fund company and my role reminds me so much of a collection agent. Basically I will call up the fund admin every day asking for payment detail, doucements, and refund. If their documents are not ready, or payment are not made I will keep on tracing until payment is made or doucment is sent. You take a lot of criticism from the fund admin because your basically hounding the fund admin. The pay kind of suck 31-32K, the only good part of this job is that sometime you can finish your job early like say like say 3 or 4 hours ahead.
I think I will take my chance with the CIBC technical business analyst and work my butt off to make a good impression so that the manager will either consider hiring me full time or extend my work term because I already hate what I'm doing at this hedge fund company. But what I really like about this company is that there is alot of room for development since it just opened up a new office they are looking to recruit and move people the corporate ladder and the manager is very nice but I really hate the work non challenging and very repetitive.
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