So, you’re quitting your job. Or worse, you’ve gotten fired. There’s a right way to do both.
TLDR: Keep things classy. Maintain as many connections as is appropriate. Respect and professionalism pay dividends down the road!
Chicago is one of the biggest small towns around; six degrees of separation here feels more like two. Between former coworkers, industry events & seminars, Carrier events, and Underwriter/Wholesaler relationships, there’s a good chance that someone with a connection to a prospective employer knows you.
This, however, is a two way street! Stay in contact with your former coworkers (LinkedIn and other professional networks, at minimum). Those connections are some of the best resources for future employment opportunities. (and, of course, there’s always employment resources like us!)
Resignation:
When you submit your letter of resignation, always give at least two weeks’ notice. This letter is presented to your immediate boss in writing (paper or email). Always offer an opportunity for a wrap-up conversation, even when you have no intention of remaining.
You are under no obligation to tell your current employer any information about your new position or compensation. In fact, it’s usually in your best interest to not divulge that info. Politely decline any such request by saying something like; “I’ve accepted an opportunity which is best for me and my family at this point in my career. I’ve truly appreciated the opportunity I’ve had here.“
How you leave a job is as important as how you do a job. It’s the final impression your previous boss and coworkers will have. If it’s messy, word gets around. Conversely, a graceful exit builds a reputation worth having.
Don’t hesitate to privately ask anyone you’re on good terms with to write a letter of recommendation. Underwriters and Brokers are also good people to also ask. It’s a guaranteed reference.
Termination:
Getting fired feels awful, but quietly pack your things and leave respectfully. If you feel a short conversation is warranted, do it calmly and with no expectations that minds will be changed. Relay understanding, shake hands and go. An uneventful departure is also the best way to ensure unemployment benefits (if eligible).
Thanking them for the position you held is understandably hard in this situation, but it shows professionalism and ensures the best possible future reference. If the termination is on good terms (no fault), it’s always in your interest to ask for a letter of recommendation on the spot.
With both types of endings, having a written letter of recommendation is a reference on-demand. A future employer will welcome not having to track down a references and you will be assured of the nature of the references you’re providing.