Resignation Key Terms

Know resignation key terms to avoid adverse results

By Michele Vrouvas

If you are prepared to leave your current position, but don't want to burn any bridges - there are ways to resign from your current job gracefully and with class.Understanding resignation key terms can give you a heads up on some of these common scenarios.

Resignation letter

A resignation letter is the written, formal notice to your employer that you intend to resign from your present position.
Try: Write Express discusses why it is critical to write an effective resignation letter. You'll also get tips on what a well-written resignation letter should say.

Timing

Resigning employees should consider the timing of their decision and take into account how resignation will affect their employer.
Try: Go to McCarthy Recruitment to understand why considering the timing of your resignation can end up helping you in the long run.

Strategies for resigning

Career consultants are committed to promoting what have become accepted strategies for resigning from your present job.
Try: Quint Careers specifies a well-reasoned approach to resigning. Find out how not to burn bridges. You'll also learn how to negotiate unused vacation time and any unpaid salary that your company owes you.

Counter offer

Sometimes an employer will make a counter offer when he gets notice that an employee intends to resign.
Try: Go to the Job Employment Guide to find out why employers make a counter offer and why current data suggests you should not accept one.

Covenant not to compete

When an employee signs a covenant not to compete, he is pledging that he will not engage in competition with his present employer. They are sometimes called non competition covenants.
Try: At My Employment Lawyer you'll not only learn where you can expect to find covenants not to compete but you'll also find out what clauses in these agreements courts are likely to enforce.

Exit interview

An exit interview usually takes place on the last day an employee is scheduled to work with his present employer.
Try: Nobscot Corporation lists different types of exit interviews and the pros and cons of each.