Resignation Or Lay Off / Termination | which is better in software job |

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  • Опубліковано 30 тра 2024
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    Quitting
    Pros:
    Control: You have the ability to leave on your own terms, which can be less stressful.
    Professionalism: Quitting can be seen as a professional and mature decision, especially if done gracefully.
    References: Maintaining good relations can ensure you still receive positive references.
    Future Employment: It avoids the stigma that might come with being fired.
    Cons:
    Unemployment Benefits: Typically, quitting voluntarily disqualifies you from receiving unemployment benefits.
    Notice Period: You might be required to serve a notice period, which can be uncomfortable if you're unhappy.
    Financial Uncertainty: Leaving without another job lined up can lead to financial instability.
    Getting Fired
    Pros:
    Unemployment Benefits: In many regions, being fired for reasons other than gross misconduct can make you eligible for unemployment benefits.
    Severance Package: In some cases, companies offer severance packages even when firing employees.
    Immediate Exit: Being fired often means you can leave immediately without serving a notice period.
    Cons:
    Stigma: Being fired can carry a negative stigma and might affect your reputation.
    Mental Stress: It can be emotionally distressing and impact your self-esteem.
    Future Employment: Explaining why you were fired to potential employers can be challenging.
    Being Laid Off
    Pros:
    Unemployment Benefits: Being laid off typically qualifies you for unemployment benefits.
    Severance Package: Layoffs often come with a severance package, which can provide financial support while you look for a new job.
    Less Stigma: Layoffs are generally due to company financial issues or restructuring, which carries less stigma than being fired for performance or misconduct.
    Cons:
    Job Market: If many people are being laid off in your industry, the job market might be saturated, making it harder to find a new position.
    Mental Stress: Layoffs can still be stressful and affect your morale.
    Sudden Change: Layoffs can be sudden and unexpected, leaving you with little time to prepare.

КОМЕНТАРІ • 21

  • @harshavardhan6053
    @harshavardhan6053 Місяць тому +3

    Same thing happened to one of the knowing person, she is talented but fired later she got more than 3 offer letters with more package... Salesforce developer layoffs

  • @JayanthJuturi
    @JayanthJuturi Місяць тому

    Thank u youtube for recommending me this channel
    This channel is helping me a lot in career guidance

  • @AjayKumar-tw4ot
    @AjayKumar-tw4ot 4 дні тому

    Sir nenu oka mnc lo notice period serve cheyaledu so vallu naku terminate pamparu eapudu nenu vere company ki velali ante ela bro

  • @rajkumararumulla4628
    @rajkumararumulla4628 Місяць тому

    Same Naku kuda managers firing terminating

  • @ithisatyanarayana1548
    @ithisatyanarayana1548 Місяць тому

    Please explain

  • @gouthamstar6558
    @gouthamstar6558 Місяць тому

    Nake aindi bro

  • @jyotheeswaryadav
    @jyotheeswaryadav Місяць тому

    Terminate+we can't bare means ( it comes layoff tricky)they taken joined time bond not given benefits how to bounce back

    • @CoolGuy-yw2pe
      @CoolGuy-yw2pe 13 днів тому

      Wait until bond ends and then try for new job.

  • @ranadheerreddy2996
    @ranadheerreddy2996 Місяць тому

    I am also having similar case. There was not much good repo with my mngr, I had some serious arguments with him w.r.t work culture in team. My manager put me in PIP and asked to work on some behaviour trainings, technical trainings. No variable pay given, no hike given. Even though I completed all trainings and some evaluation interview completed still they kept on hold . I am looking for job change now and working on improving skills on latest technologies like Terraform, Gen AI. Should I ask my manager to release from project or continue working and searching job ? Pls suggest.

    • @CoolGuy-yw2pe
      @CoolGuy-yw2pe 13 днів тому

      There are two points to be considered:
      1. If you ask for release from project, then next project manager will ask for feedback. Do you expect, your current manager will give positive feedback?
      2. If you go to new project, then do you expect the manager won't take an advantage on your current sitution/feedback?
      Now a days, I don't see good maturity levels in management teams. Most of the managers are working based on their egos and personal agenda.
      My opinion:
      1. If you join to new project, then please be good with your new manager, even though he is not capable.
      2. Build good relationship with your new team members from day 1. Try to avoid arguments and do not discuss about your previous project experiences with your past manager.
      Otherwise
      3. Improve your skills and try for new job.

    • @ranadheerreddy2996
      @ranadheerreddy2996 13 днів тому

      @@CoolGuy-yw2pe Thanks for your suggestion, currently focusing on learning Gen AI technologies and will plan to move ahead when time comes.

  • @ladduladdu8318
    @ladduladdu8318 Місяць тому

    Broo, 2024 passed out fresher ga backdoor nundi vellochha, that means telisina HR JOB DRIVE nundi job pettistha ani chepparu

    • @CoolGuy-yw2pe
      @CoolGuy-yw2pe 13 днів тому

      Backdoor is always risky. If you or your HR caught then both will be kickedoff from organization. Remember, internal verfiications can happen any point of time. In Indian MNCs, client verifications will be there, when you join in new projects within the company.
      You could ask him to refer and go through all interview rounds formally. If you are getting selected then it will be good. All the best!

  • @saitsr1150
    @saitsr1150 Місяць тому

    Employee fire ayanattu next company ki yela telustundhi didn't we get service letter?

    • @relaxmymind4583
      @relaxmymind4583 Місяць тому

      Vasthundi letter....max to max payslip lo 6 months salary at a time credit ayinattu vasthe thelise chance untundi.

    • @CoolGuy-yw2pe
      @CoolGuy-yw2pe 13 днів тому

      @@relaxmymind4583 - Not only that. In exit formalities, your supervisor and HR comments will be noted and considered in your next company back ground check.

  • @suryab3046
    @suryab3046 Місяць тому

    Mari contract employee ayithey em cheyali

    • @CoolGuy-yw2pe
      @CoolGuy-yw2pe 13 днів тому

      You can't do anything. Better to find a new job.

  • @ithisatyanarayana1548
    @ithisatyanarayana1548 Місяць тому

    Sir I have one case