Career #1: Should I resign and search for job? Since we have 3-Months' notice period.

Career #1: Should I resign and search for job? Since we have 3-Months' notice period.

Deciding whether to resign before securing a new job due to a 3-month notice period depends on several factors. While resigning might make you immediately available for new opportunities, it also carries risks. Here's a balanced perspective:

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Pros of Resigning First

  1. Faster Job Search: Being immediately available may attract employers who need quick joiners.
  2. Focus on Job Hunting: You can dedicate all your time and energy to preparing for interviews and networking.
  3. Flexibility for Interviews: You won't have to juggle interviews with your current work commitments.


Cons of Resigning First

  1. Financial Risk: Without another job in hand, you'll need savings to cover expenses, which might add stress.
  2. Employment Gap: A break between jobs might raise questions during interviews.
  3. No Negotiation Power: Employers might offer a lower salary, knowing you’re unemployed.
  4. Market Uncertainty: If the job market is slow or your skillset has limited demand, finding a new role could take longer than expected.


When Resigning First Might Make Sense

  • You have substantial savings to sustain yourself for 6–12 months.
  • You're confident in your skillset and demand in the market.
  • You’re in a toxic work environment that’s impacting your mental health or performance.
  • You’re open to temporary or freelance roles during the gap.


Alternative to Resigning

  1. Negotiate Shorter Notice Period: Before resigning, explore if your current employer allows early exits through buyouts, leave encashment, or replacements.
  2. Start Searching Early: Actively search while still employed, even if it means waiting longer to transition.
  3. Plan a Smooth Transition: If you find a new job, negotiate with the new employer to join after your notice period or see if they can intervene to expedite the process.


Key Questions to Ask Yourself

  1. Do I have enough financial backup to support myself for an extended period?
  2. How confident am I in securing a job in the next 3–6 months?
  3. Am I okay with potential gaps in employment history, or can I explain them effectively?
  4. Are there industry trends indicating demand for professionals with my skills?


Recommended Approach

  • Don't resign prematurely. It's always safer to secure a job first unless you're in a situation that demands immediate resignation (e.g., health issues or extreme job dissatisfaction).
  • Start actively networking and preparing for opportunities while employed.
  • Use your current job as leverage to negotiate better offers with potential employers.

By taking a calculated approach, you can minimize risks while improving your chances of finding a role aligned with your career goals.


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