10 Steps You Should Take

Before Quitting Your Job

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10 Steps You Should Take Before Quitting Your Job

You’ve been searching for new Insolvency Jobs, Audit Jobs or Tax Jobs and have now secured a new role.

Quitting your job is a major decision that requires careful planning and preparation. Whether you’re leaving for a better opportunity, to pursue a new career path, or for personal reasons, it’s essential to handle the process professionally. Here are the steps you should take before handing in your resignation.

  1. Evaluate Your Reasons for Leaving
  1. Ideally, Secure a New Opportunity First (if applicable)
  • Before quitting, ensure you have another job lined up unless you can financially support yourself during a transition.
  • If you’re exploring entrepreneurship or freelancing, develop a clear plan and financial safety net.
  1. Understand Your Financial Situation
  • Assess your savings and create a budget for the transition period.
  • Consider the impact of losing benefits such as health insurance, pensions, or other perks.
  1. Review Your Employment Contract
  • Check for notice periods, non-compete clauses, or other terms that might affect your departure.
  • Be aware of any conditions for bonuses, stock options, or unused leave that could be forfeited.
  1. Plan Your Exit Strategically
  • Time your resignation to avoid burning bridges. Leaving mid-project or during a busy season can create challenges for your employer.
  • If possible, aim to leave on good terms to maintain positive professional relationships.
  1. Prepare for the Resignation Meeting
  • Write a professional resignation letter that includes your notice period and gratitude for the opportunity.
  • Rehearse how to handle the conversation with your manager. Keep it concise and professional. (Read our Leaving on Good Terms post)
  1. Create a Transition Plan
  • Outline how you will hand over your responsibilities to minimise disruption for your team.
  • Document ongoing projects, deadlines, and key contacts to ensure a smooth transition.
  1. Strengthen Your Professional Network
  • Connect with colleagues on LinkedIn and exchange contact information with those you want to stay in touch with.
  • Let trusted colleagues know about your plans discreetly, especially if they can act as references in the future.
  1. Collect Feedback and Reflections
  • Use your remaining time to gather feedback about your performance and skills.
  • Reflect on your achievements and areas for growth to prepare for your next role.
  1. Leave on a Positive Note
  • Maintain a professional attitude during your notice period.
  • Thank your manager and colleagues for their support and share farewell messages to leave a lasting positive impression.

Final Thoughts

Quitting your job is a significant step that requires careful consideration and preparation. By following these steps, you can ensure a smooth transition while preserving your professional reputation. Leaving on good terms sets the stage for future opportunities and strengthens your career network.

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My views are based on my 17 years+ of recruiting for Insolvency and Accountancy Practice professionals.

For advice about your career options, Insolvency Jobs, Audit Jobs or Tax Jobs, speak to Scott Lowes at Levitate Recruitment, specialists in placing insolvency professionals and practice-trained accountants across the UK, and find the right role to suit your ambitions.

 

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