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Rising Star
Accenture Accenture India
How to tell the manager about resignation ?
Joined on current company: November 2021
Current CTC: 7.26 LPA( 6 fixed and 1.26 variable pay) Offered CTC:13.2 LPA (fixed: 12 and 1.2 variable pay)
Total years of experience: 5.5 years
Note:
I got another offer by got call from applied long time before job.
Just i tried and cracked.
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Legitimate concern, but if the economy tanks you can also get laid off at your current job, where you’re making less
Cuts are not exclusively about tenure or cost, while they may have some small impact once a short list is developed, the order usually goes:
1) freelancers
2) performance/output issues
3) personality challenges (if really bad these can overcome spot 2)
4) budget
5) tenure
In short, if you’re good at your role it doesn’t matter if you’ve been there a month or 10 years.
VP1- It was bizarre. It happened on a Tuesday, right after that aforementioned 3-day weekend. I was a team leader on one of the largest accounts in the agency and we’d done some outstanding creative.
When I was booked for a meeting in the VP’s office, I was thrilled. He did profusely thank me for my work ethic and creative contributions … and then apologized when a HR person came in! 😳
To “make up” for letting us go, the agency immediately funneled all of us ( in groups of 30) into 3-hour grief counseling sessions where counselors went over the five stages of grief, let us vent a bit, ask questions, and they explained the severance package we were getting. We were given individually-tailored financial severance packages and 6-month memberships to a special career counseling/job search firm.
They redid our resumes, wrote cover letters, gave us access to their job bank, helped people find/apply to new jobs, had computer work stations so we were able to “work” there, and they provided counseling on a group and individual basis.
It all felt rather surreal. I suppose the agency does deserve some respect for not callously dumping us all on the street. They made an effort to lessen the blow.
Honestly, it was a great agency while I was there. And their relocation package allowed me to spend $25+ on renovating my house to put it on the market. (Thankfully, it took a while and the house didn’t sell!)
After being laid off, I ended up moving back there. A few months later, when I was recruited to take over a great account at a much better agency in Florida, my house was ready to be listed. Getting and then losing that job was actually a win for me.
Every time I’ve been laid off, it’s eventually turned into a better opportunity being offered. I always say, “Take the job, enjoy the money, and don’t worry about being laid off. If it happens, it’s because this wasn’t your perfect match and something better will come along! “
I completely disagree. I'd take the money. Everything is out of your control in terms of how any business does or what they decide.
Rising Star
Congrats!
I’ve seen people laid off that were first in. The last in ones stayed. Was based on performance. Not timing. Get that money.
Pro
Go for it. Take the job.
Take the money. Having the experience will make you more valuable with more connections if you do get cut.
How much money / % increase we taking?!?
Naw, it’s not out the realm of normal for my title.
First of all, you should have had a united front when it comes to comp. If you don’t want to share exact #s that’s fine, but you should def have a convo about “I’m shooting for xxxK”
And in reality, these cuts happen to let go of people that orgs have wanted to let go of prior — you’ll notice that’s why positions recently with layoffs hire immediately.
Am I missing something? That’s a good thing. And as a previous post read, you could get fired anywhere, might as well make some bread first.
I think the “last in, first out” isn’t always a thing. Hiring is hard and a lot of resources goes into finding the “right” people, so letting them go immediately is basically swallowing your pride and admitting you were wrong. And guess who always likes to be right? Management.
Last in, first out. Under normal circumstances I’d say take the money and run, but these days are not normal circumstances.
Take the money and bank everything over what you’re currently making.
Legit concern
Take the money, you don’t know for sure if layoffs will hit your agency and if they’ll hit you. If they do, you’ll have had more money to save plus you can claim more for unemployment.
How much $$$?
Both. Set aside a little of that extra money just in case the worst happens, but (presumably) you’ve earned it so enjoy it.