Record numbers of Americans have quit their jobs in recent months, with more than 4.4 million submitting their resignation in September alone. Millions more may be preparing to follow them to the exits – one survey found that around a third of workers wanted to make a career change.
But one of the things I learned over the years as a lawyer and later as a professor specializing in employment law is that timing and preparation matter when it comes to quitting a job. So even if you have another job lined up, it’s worth considering a few factors that might influence whether you quit now or stay in your current role for a few weeks – or months.
1. No unemployment insurance
In general, workers who quit are not eligible for unemployment insurance.
Instead, unemployment insurance is reserved for those who lost their job through no fault of their own, generally as a result of a layoff or other termination.
2. Two weeks’ notice not required
Employers often request that workers provide two weeks’ notice before they quit, but your employer cannot force you to stay in a job you don’t want.
Almost all employment relationships in the United States are terminable at will, meaning the employee can be terminated – or can quit – at any time.
It also means that if you give your employer two weeks’ notice, they might choose to terminate your employment earlier, including immediately upon receiving your notice.
3. Check your vacation balance
If you are eligible for vacation or paid time off,...
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