Saturday, August 9, 2014

Things to take care when you are leaving your job

You have decided to leave your job to join another company. You are all excited but do you know what all you need to take care before you leave your current company. I am sure you would be thinking 'There is not much and I have taken care of everything' but please take a look at below mentioned points to be sure.

 

Medical Insurance

Usually, we do not worry about Medical Insurance as most of the company provides it for all employees. But when you join a new company, Medical Insurance provider also changes. It means your medical history is not carry forward in the new company. This becomes a problem if you ever need to take Medical Insurance for yourself or your family from outside as not only the premium will be very high but lot of things won't be covered in first 4 to 5 years. So if you have been in your present company for more than couple of years, it is better to continue the Medical Insurance to make sure that your medical history is maintained. Before leaving, you should talk to the Medical Insurance provider and take a policy such that your medical history from your current company is still maintained.

Term Insurance

Again, this is something companies take for their employees but it may not be sufficient. So before joining a new company, you should find out about the 'Term Insurance' and take more if you think its not good enough.

Tax Related Documents

Your tax related documents would have been given to you but you may not have stored them thinking that they are available with the company. So before leaving your current company, it is a good idea to download all the Form-16 and Salary Forms.

Promotion and Performance related documents

You have received multiple promotions, recommendations and special mention of your performance, it is a good idea to download them. These can be used to substantiate your viewpoint. I am sure it will also bring in a smile when you look at these in future.

Ask for recommendations 

You have done a good job in your current company and so you should ask for recommendations from your juniors, peers, seniors and most surely from your manager. You should also offer to provide recommendations to your juniors if they want.

Take a vacation

You should take a vacation before you join the next company. I am sure you would want to prove your worth and won't take/get a vacation for first couple of months. You should spend this time with friend, family and unwind yourself.


I am sure there are lot of other things which you should take care. Some of them are very obvious. I have tried to compile those things which are not very obvious and people generally miss. Let me know if you have any such thing which you think are not that obvious and I will try to update this list.