Anybody resigned before securing another job?

A friend of mine quit his job to take a break as he was burnt out. He was good at his investments and now his passive income is more than his expenses. He is now taking his time to get another job. He can afford to pick and choose his employer. If there is no job offer for a job he really likes, he will just continue his active investing. He said he enjoy what he is doing now and he no longer have to work from 8am to 10 pm every weekday and no weekends. Anyway, he is a millionaire.

Originally Posted by Unregistered

1st - 2nd job: same industry/position - different dept.
they called me during my last week with the 1st company.
reason for leaving: didn't like job scope - feel that it was too specialized and not transferable.

4th - 5th job: same industry/position - different dept.
reason for leaving: pick up different skill set.

if current job is too specialized and not transferable doesn't it also mean that you might not have the required skills for the new job?

Now, hiring manager is very concern about your gap in your employment.

Once you are out of the market job, you are out of the race.

Originally Posted by Unregistered

Now, hiring manager is very concern about your gap in your employment.

Once you are out of the market job, you are out of the race.

This is so sad. Like that how to take breaks in between jobs. I like to have breaks between jobs.

Originally Posted by Unregistered

This is so sad. Like that how to take breaks in between jobs. I like to have breaks between jobs.

When you sign offer letter with new company just negotiate for a later start date after your last day if you really need the break. If it is not an urgent hire usually HR will be ok

Originally Posted by Unregistered

Now, hiring manager is very concern about your gap in your employment.

Once you are out of the market job, you are out of the race.

Fear-mongering.
Don't spread this type of nonsense.

Originally Posted by Unregistered

Fear-mongering.
Don't spread this type of nonsense.

Agree. I read with interest why there are people with difficulties finding employment. I could very well be wrong but my take is:

1. Employment history too diverse. Too many disparate jobs in the past and Not enough years in a single type of job

2. Past jobs did not demonstrate job growth. Impt to ensure job responsibilities increase either vertically or horizontally with every new job

Humble opinion is if you belong to either group then try not to quit without a job because it is more risky

However if you have enough years of experience in same/similar roles in well known companies, your risks are somewhat lesser though not immune.

But this is not the same to say once you r out of job you r out of the race. Luck plays a v impt part too

I tendered my resignation before I had anything firmed up to move to, but was made a few offers within my notice period, with reasonable increases in compensation package, mainly because I was pretty much underpaid.

I would only recommend that you do so only if you are confident that your profile and experience is in demand. Also, speak with your partner/parents to be sure you have their support to do this - as your income might matter to them. If you have no financial obligations or worries, it makes the decision to tender without a job to move to an easier one.

Originally Posted by Unregistered

Fear-mongering.
Don't spread this type of nonsense.

An article on likedin on this is not an nonsense

To summary, not to hire anyone not working is HR greatest screening tool to get their workload lesser.

https://www.linkedin.com/pulse/artic...won-t-hire-you

Originally Posted by Unregistered

if current job is too specialized and not transferable doesn't it also mean that you might not have the required skills for the new job?

you mean 1st - 2nd job? yup, but it doesn't matter for entry level. still need to be trained in any case. for newbies, will have more training on all the basic stuff.