In this article, we will be explaining about the preparation before attempting job change . Few employees, looking for a job change, do not know, the home work that they need to do first, before looking for a change.
First , employees need to be aware that their medical insurance taken through their current employer will expire on their last working day. This implies that if there is a gap between the Last working day of the current organization and the date of joining of the new organization, then employees run the risk of any health related issues. Please take a separate medical insurance policy covering entire family to avoid any medical risks.
Secondly, get clarity on the notice period. Employers share their notice period details while offering. However, Employers revise the notice during confirmation or promotion.
Third, please build a Corpus to manage the family expenses for at least 4 months. During the last month of the notice period, employees will not get their salaries. Organizations pay the last month salary along with final settlement. Depending on the organization it can take 2 – 6 months to get the final settlement. Also employers do not release salaries during the first month of joining.
Please prepare a list of all the major achievements done, team size, revenue managed during each year, projects handled etc.. All of these cannot be entered into the CV and we will forget them later.
Finally please prepare multiple CVs with sharper focus on one area each. You can send the relevant CV depending on the nature of the job that you apply.
Overall, our approach has been towards the preparation to be done before attempting a job change.
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