Employees who quit are not entitled to severance. Employees only get a severance package if they are fired. Accordingly, in terms of money, it is better to get fired than to quit.
You get money if you are fired. It is that simple. With regard to the negative perception associated with getting fired, I believe the effect is overblown. Sure, quitting looks better than getting fired, but millions of people have been fired and moved onto better careers. Nobody likes getting fired. Everyone wants to leave work on a high note. Certainly, getting fired is a bruise to the ego. However, is an ego worth up to 24 months severance , which is generally the maximum amount of money one can get if they are terminated from work?
Take, for example, Randy. Randy worked at Widget Corp for 30 years, moving up the ranks from a labourer to a manager. Randy is 60 years old. Are there any other work-related issues that you could address? Try to find out as much information as you can about why the company plans to terminate you.
The more you know about the circumstances, the better chance you can find alternatives to a resignation. Ask what the company plans to offer you in exchange for leaving the job quietly. This is where a severance package could make an appearance.
Companies may offer a significant severance package if an employee refuses to leave immediately. Our resume builder tool will walk you through the process of creating a stand-out Architect resume.
The human resources department of your company is the best place to go for this kind of information. Ask them any questions you might have and get them to explain your eligibility for any company benefits post-termination. As an alternative, the U. According to them, employees have a right to :. Not be harassed or discriminated against because of race, color, religion , sex including pregnancy, sexual orientation, or gender identity , national origin, disability, age 40 or older , or genetic information including family medical history.
Expect that any medical or genetic information they share with their employer will be kept confidential. Report discrimination, participate in a discrimination investigation or lawsuit or oppose discrimination without being punished for doing so.
Department of labor has advice on where and how to file a claim. You can ask about receiving unemployment, severance, and health insurance benefits. Some employers provide health insurance for a set period after terminating employees, ranging from 30 to 90 days. You can also ask about being paid for any unused vacation, sick, or personal time. As you make the final decision on whether to quit or wait to be fired, keep in mind that, no matter how it happens, this is a chance for you to move on to more positive employment prospects.
Hopefully, you move on to a more fulfilling environment without any negativity from the previous one following you out. Vote count:. No votes so far! Be the first to rate this post. Chris Kolmar. Everyone will likely know the real story about why you were let go. These three easy tips can help you resign from a job while keeping your reputation intact:. Write a formal resignation letter.
Write out your duties. Make a list of everything it is you do as part of your job, and then explain how you do it. Offer to train your replacement. Whether you decide to resign or not, take steps now to secure your employment in the future. Need some help with that? Create a free Monster profile and we can send you free custom job alerts to cut down on the amount of time you spend checking out job ads. Plus, you can upload your resume and make it searchable to recruiters who comb through Monster every day looking for talent.
Those are two quick and easy ways we can help you land on steady ground. Thank you! You are now a Monster member—and you'll receive more content in your inbox soon. By continuing, you agree to Monster's privacy policy , terms of use and use of cookies. Search Career Advice.
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