I’ve been thinking of leaving for a while, but I’m honestly afraid to take that first step. I’ve been preparing myself financially in case of another layoff and now I’m at the point where I have over a year worth of savings. I’m seriously debating just quitting and taking a week or two off then finding employment. For those who have left with nothing to fall back on do you regret it? Also, how bad would it to perspective employers?
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I am wife of former TR employee. I found this site and curious to read what is happening there.. my husband invested so much for the company for long time...We went to President Club several times and thought really excited about the path we were on.. unfortunately he was laid off one day which was a total surprise for us! Looking back we are glad that it happened because we were in denial about how toxic the corporate culture was over there. Very left sided obviously and if you say anything that offend anybody, you get written up or worse terminated.. that place has culture of fear. Anyway he found a job that pays much more because they pay commission fairly every year, it has healthier corporate culture and he works from home even before the Covid-19. So I’m glad they laid him off now. He was always stressed out when he was working for TR for lots of different reasons.
Hopefully when this lockdown finally ends and people feel more confident that we’re never going back to those days, things might open up for you. Otherwise view it as as on the job retirement in that you do the job as best as you can but you don’t give any more of yourself than is necessary. Finding a new job now means you’ will have to be trained remotely which I think is not the best way to be trained.
Get a new gig before leaving the old one. Don't leave the severance package on the table. I was in the 2016 pre Refinative RIF at F&R. Still took me a while to find a permanent gig, and that was through connections from TR who also left or got RIFd.
Which is my second point: start grooming your network now. Don't feel like you're being a mooch. Others will lean on you when they're on the bench looking to get back in the game, and you should do all you can for them when that time comes.
if you have a years worth of savings, I think you will be fine. Especially since you can always apply for unemployment insurance. They are interpreting applications in favor of employees because they know the pandemics is hit people really hard and employers are being c-appy. I would apply for every job you think you'd be interested in and go for it. Don't look back. And don't ever feel bad. Be a professional but you can simply say that it was no longer a good fit and you wanted to try something new. That's valid. you sound like you've done a lot of planning. Don't let fear stop you from living a better life doing a career that you enjoy instead of dread.
We all feel this way at most times especially working for TR. If you’re feeling this way start actively looking for a job but stay employed. I wouldn’t leave until you have secured something.
When you’re interviewing for a new job they’ll most likely ask you why you left your last position .... don’t sell yourself short at the end of the day it’s just a job. Get out there and look, and lots of luck to you!!! Take care
Vamos, muchacho!
Prospective, not perspective. I swear I know the difference.