The fundamental purpose of this book is to provide a practical and useful "how to guide" for people who are deciding whether to leave their current employer and join a direct competitor, and for companies involved in the hiring and recruiting process. Many employees are subject to so-called Non-Competition Agreements and, consequently, already understand that there are significant risks, legal and business, when transitioning jobs. However, what most do not appreciate is that there are a host of laws and protocols, having nothing to do with whether an employment contract exists, that govern the way one may properly prepare to leave and the manner in which the hiring company can bring the new hire on board. Every year millions of people voluntarily leave the company for which they work to join a direct competitor. Additionally, over the course of a typical working career, a person is likely to change jobs upwards of seven times, and of those moves at least four or five will involve joining a direct competitor. Millions more every year consider, perhaps explore, the notion of quitting their jobs in order to join the competition. All such undertakings, even if the decision ultimately is made not to leave, bring great legal and litigation and business risks; risks that can result in large damage awards, injunction orders and general corporate disruption and turmoil. This book offers important guidance and practical tips on how to avoid or minimize those risks.
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“I Hereby Resign”
“I Hereby Resign”
Job Transitioning: How Individuals Properly Prepare, Resign and Move to the Competition, and How Com-panies Best Manage That Process
All rights reserved. No part of this book may be reproduced or transmit-ted in any form or by any means, electronic or mechanical, including pho-tocopying, recording, or by any information storage and retrieval system.
Printed in the United States of America
Library of Congress Control Number: 2019944370 ISBN 978-1-7330408-4-6 paperback (alk. paper) ISBN 978-1-7330408-5-3 hardcover (alk. paper)
An imprint of New Academia Publishing
4401-A Connecticut Ave., NW #236 - Washington DC 20008 info@newacademia.com - www.newacademia.com
To my wife Sharon, my greatest transition ever…
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Introduction Don Jenkins: Between Opportunities
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PART ONE: HOW INDIVIDUALS PROPERLY TRANSITION
Chapter 1: The “Dos And Don’ts” Of Transitioning 1. Don’t Pre-Solicit Revenue Sources 2. Books And Records 3. Don’t Change Your Work Habits 4. Don’t Lie
Chapter 2: The Art Of Resigning 1. Resignations Occur On Friday 2. Choosing The Right Person 3. The Letter Of Resignation 4. What To Say When You Resign
Chapter 3: I Am Don Jenkins 1. Read Up Before Deciding Whether To Resign 2. Why Are You Leaving And Will You Succeed? 3. Sorry, But You Need A Lawyer, Now
PART TWO: HOW COMPANIES BEST MANAGE THE PROCESS OF HIRING FROM THE COMPETITION
Chapter 4: Why Companies Need A Transitioning Pro-gram And How To Implement It 1. Transitioning Training Starts At The Top And Always Stays Exactly The Same 2. Good Transitioning Programs Vet Candidates Early On In The Hiring Process 3. Good Transitioning Programs Monitor Communica-tions
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4. Transitioning Program Language 5. Beware The “Wrinkles”
Chapter 5: Now What? 1. Communicating Post-Resignation To Revenue Sources And (Former) Subordinates 2. New Co-Workers 3. Watch Your Competitors As They Are Watching You