Resignation
What is resignation?
Resignation happens when an employee leaves a job voluntarily after serving formal notice to the employer. This may be due to career growth, dissatisfaction, or personal reasons.
When is the right time to resign?
The right time to resign depends on several factors, including when:
- You feel stagnant in your position with no opportunities to grow.
- You’re unhappy due to work culture, management, or job responsibilities.
- Work is causing excessive physical or mental stress.
- You have a job offer with higher pay, better benefits, or improved work-life balance.
- You're relocating, dealing with family responsibilities, pursuing further studies, or starting a business.
- Layoffs or financial troubles threaten your job security.
How to write a resignation letter?
Start with a formal greeting
Address it to your manager or HR professional.
Clearly state your resignation
Mention your position and your last working day.
Provide a reason
While it is not mandatory, a brief explanation can be helpful.
Maintain a professional tone
Avoid negativity or unnecessary details.
Express gratitude
Acknowledge positive experiences, even if briefly.
What happens during an exit interview?
An exit interview is a formal discussion with HR conducted before your last working day. The goal is to get feedback on your experience at the company.
What are the most common reasons for resigning?
Here are some of the common reasons why people resign:
- Better career opportunities
- Toxic work environment
- Burnout or stress
- Poor work-life balance
- Job security concerns
- Desire for a career change
- Lack of appreciation
Can an individual withdraw their resignation?
Yes, an individual can withdraw a resignation, but only with the employer’s consent. Once a resignation is submitted, the employer is not obligated to accept the withdrawal, especially if arrangements for a replacement have already begun.
Can an employer reject an individual's resignation?
An employer cannot legally force an employee to stay in a job. However, the employer can:
- Enforce the notice period as per the contract.
- Negotiate a longer transition period if required.
- Make a counteroffer with better pay or a promotion.
Do you need to give a reason to resign from a job?
No, you are not legally required to provide a reason when resigning from a job, unless your employment contract specifically states otherwise. However, offering a brief, professional explanation can help maintain a positive relationship with your employer. A simple resignation letter stating your intention and last working day is usually sufficient.
What happens after resigning from a job?
The post-resignation process typically includes the following steps:
- Serving the notice period: Complete assigned tasks until the last working day.
- Handover process: Train a replacement and/or document key responsibilities.
- Receiving the final pay check: This may include pending salary, bonuses, and payment for unused leave.
- Exit interview: Provide feedback on the work experience.
- Returning company property: Return laptops, ID cards, and other office assets.
- Exploring new opportunities: Craft an updated resume, network, or prepare for a new role.