What to do when an employee resigns to join a competitor?

What to do when an employee resigns to join a competitor?

Notify former employee of contractual obligations — Departing employees should be reminded immediately in writing of any contractual obligations they may have (e.g., non-competition and non-disclosure agreements), advised that the employer takes these obligations seriously, and provided a written copy of their agreements.

What’s the best way to resign from a job?

Here’s advice on how to resign from a job. Leaving on the best terms possible will help you keep a foot in the door of the company and up your chances of getting rehired. If you didn’t leave on the best of terms, it might be difficult to get rehired.

What should you do when you leave a company?

There are five main things that you must remember to do once you leave a company: If you received LinkedIn related messages to your work email, chances are that you have work email listed as either your primary or secondary email on LinkedIn.

Do You Still Say old position manager at Old Company X?

Does your headline still say, “old position manager at old company X?” If so, don’t forget to change this to something to capture the attention of hiring managers and to alert your network that you are no longer working with your previous employer.

What happens if you quit to join a competitor?

If an employee resigns to join a competitor, terminate them without severance as they are in a conflict of interest. As a practical matter, you do not wish such an employee to enjoy access to your confidential information for a moment longer. Legally, being in a conflict deprives them of severance.

What happens when an employee leaves for a competitor?

Some bosses feel like they’re being abandoned or betrayed when an employee leaves for a competitor, and this can be exacerbated if your boss was your mentor or a close friend. Explain the rationale behind your decision, if it’s something you want to share.

What happens when a senior employee resigns from a company?

One of your company’s longest-serving and most senior employees resigned recently. His departure was cordial. A farewell lunch was held and was enjoyed by all. A few weeks later, you stop hearing from several of your company’s most valuable customers.

What happens when your former colleague leaves your company?

Armed with this information, your former trusted colleague sets about poaching more of your company’s valuable customers, offering discounts on “current prices”, and demonstrating an uncanny knowledge of each customer’s previous purchasing preferences and product lines. In six months’ time, all of your company’s major customers have left.