Six Things you should consider before quitting your Job
Ok! Finally you have decided to call it quits and move on to a new job. Congratulations! Below are the Six crucial steps you should consider before moving on to a new job. 3 months backup You must have at least 3 months back up of your expense. Include all expenses and also consider the annual recurring expense that might fall due during this period, like insurance premium, property tax, school fees, etc., Leave benefits PL (Privilege Leave) alone is eligible for encashment; CL (Casual Leave) cannot be encashed and lapses. If you have accumulated CL, this is the right time (before submitting resignation) to liquidate it. Why not spend that time off wisely? like spending more time with friends and family? Or even taking up a crash course in your area of interest? Insurance benefits Most of the organizations in India provide group medical insurance to their employees. This polices cover pre existing diseases and pregnancy. But such benefits are terminated on the last day of ...