I predict many executives will change jobs this year, hoping for a better situation at a different company. Base on 25 years experience, I've seen the good, the bad and the ugly of how people conduct their personal exit from a company. Ideally, when you leave a company, it is a graceful exit, without burning bridges. Here are my top tips on how to do this the right way:
- If you are leaving voluntarily, be sure of the decision. Counter offers rarely work to your advantage. Never leverage a new job offer to get a better deal at your company. If you have legitimate reasons to leave, stick with the decision.
- Keep your own counsel: Thinking about a job change is a private matter. Don't share with others - the gossip mill will start talking as soon as you do.
- Plan to give notice, but be prepared to leave immediately. Some companies want people to work two weeks to make a smooth transition, and some ask for even more time. But, some employers walk people to the door, especially if they will be going to a competitor. Be prepared for all scenarios.
- The resignation discussion: Make an appointment with your boss. Don't just drop in. Rehearse your speech, and keep it simple, concise and to the point. We advocate:
- "I have decided to accept another position and I will be leaving as of [date]. Being with this company has been a valuable experience to me, and it is important to me to leave on excellent terms with you, and remain a valued contact down the road. [If your company has a history of making counter offers, preempt that with:] I have thought this through carefully, my decision is made, and this isn't about getting a counter offer, so I hope we can quickly dispense with that. I will be happy to work diligently through the next 2 weeks(or as negotiate) to make a smooth transition."
- Keep it simple. Be concise in responding to questions. Do not reveal too much.
- Hand over a written resignation letter, essentially stating what you say verbally.
- Thank your boss. Be positive. Be graceful. Don't do anything to burn a bridge. If your boss is angry, validate their feelings, don't argue. Take the approach that you may work for this person again, or may need a reference from him/her.
- NEVER say anything negative about your boss or company to co-workers, people outside the company, or his/her peers. Every complaint can be spun around and reframed to the positive, usually by thinking about what you want instead, or what you want in the future. Example: "My boss is a micromanager who second guesses me all the time" becomes "The new position will offer me more freedom, responsibility and autonomy."
- If you are being let go, ask about a severance arrangement, and evaluate the offer before responding. Don't agree or sign anything immediately. Think about consulting an attorney for advice if appropriate.
- Ask for letters of reference at the time of your departure - make the request in writing, and "suggest" things that you were proud of, that the writer may want to include. They will usually write what you suggest!