Actuarial Outpost
 
Go Back   Actuarial Outpost > Actuarial Discussion Forum > Careers - Employment
FlashChat Actuarial Discussion Preliminary Exams CAS/SOA Exams Cyberchat Around the World Suggestions



Reply
 
Thread Tools Search this Thread Display Modes
  #1  
Old 04-12-2018, 11:13 AM
kingofants kingofants is offline
Member
SOA
 
Join Date: Jan 2015
Posts: 786
Default After the 2-weeks notice, wouldn't that be an employee's lame duck period?

I don't see how it is at all beneficial to the employer to request for a 2-week notice.

After the notice is given, the employee would probably be massively unproductive but yet the employer still wants to pay him for that?

Not to mention the awkward work environment.
Reply With Quote
  #2  
Old 04-12-2018, 11:15 AM
NormalDan's Avatar
NormalDan NormalDan is offline
Member
CAS
 
Join Date: Dec 2016
Location: NJ
Posts: 6,657
Default

If you're massively unproductive after giving in your notice then they'll fire you AND you'll have burned your bridges.

Sure, you're not going to be looking to make everything more efficient but I don't think most people just do nothing.

And who's awckward? It's just business.
Reply With Quote
  #3  
Old 04-12-2018, 11:15 AM
Colonel Smoothie's Avatar
Colonel Smoothie Colonel Smoothie is offline
Member
CAS
 
Join Date: Sep 2010
College: Jamba Juice University
Favorite beer: AO Amber Ale
Posts: 47,668
Default

Some companies will ask you to leave the day you quit.

But other than that, I agree. Two weeks is pretty arbitrary.
__________________
Recommended Readings for the EL Actuary || Recommended Readings for the EB Actuary

Quote:
Originally Posted by Wigmeister General View Post
Don't you even think about sending me your resume. I'll turn it into an origami boulder and return it to you.
Reply With Quote
  #4  
Old 04-12-2018, 11:21 AM
George Frankly's Avatar
George Frankly George Frankly is online now
Member
SOA AAA
 
Join Date: Aug 2011
Location: CO
Favorite beer: Sam Smith Oatmeal
Posts: 9,909
Default

Presumably you have some projects that someone else will need to pick up and handle in the future. So you will spend some time explaining what all you're working on now, maybe documenting some things like background and assumptions and what-not. If there are any projects on your desk now that can be completed in a week that are one-time, go ahead and knock those out.

If you could walk out the door right now and your employer wouldn't miss you, then I'd say it's good that you're leaving.
Reply With Quote
  #5  
Old 04-12-2018, 11:21 AM
Colonel Smoothie's Avatar
Colonel Smoothie Colonel Smoothie is offline
Member
CAS
 
Join Date: Sep 2010
College: Jamba Juice University
Favorite beer: AO Amber Ale
Posts: 47,668
Default

Arbitrary like using TVaR99. It might be better to use something like 5xTvaR90 which is a more reliable percentile.
__________________
Recommended Readings for the EL Actuary || Recommended Readings for the EB Actuary

Quote:
Originally Posted by Wigmeister General View Post
Don't you even think about sending me your resume. I'll turn it into an origami boulder and return it to you.
Reply With Quote
  #6  
Old 04-12-2018, 11:22 AM
YetAnotherCareerChanger's Avatar
YetAnotherCareerChanger YetAnotherCareerChanger is offline
Member
CAS
 
Join Date: Jan 2014
Posts: 2,980
Default

Quote:
Originally Posted by kingofants View Post
I don't see how it is at all beneficial to the employer to request for a 2-week notice.

After the notice is given, the employee would probably be massively unproductive but yet the employer still wants to pay him for that?

Not to mention the awkward work environment.
I'm sure you do work that may be better transitioned to one of your.coworkers if you're there to help show them what to do.

It's a good time for you to document your processes better and make any notes you should have when you built the process or improved it.

Be professional, there may come a time in your career when you will regret being unprofessional.
Reply With Quote
  #7  
Old 04-12-2018, 11:24 AM
The Arbitrary's Avatar
The Arbitrary The Arbitrary is offline
Member
 
Join Date: Jan 2008
Studying for a field sobriety test
Favorite beer: Grizzly
Posts: 14,239
Default

Quote:
Originally Posted by Colonel Smoothie View Post
Arbitrary like using TVaR99. It might be better to use something like 5xTvaR90 which is a more reliable percentile.
I like using TVar9995, more specific.
Reply With Quote
  #8  
Old 04-12-2018, 11:59 AM
Enough Exams Already Enough Exams Already is offline
Member
SOA AAA
 
Join Date: Sep 2001
Posts: 3,504
Default

Quote:
Originally Posted by Colonel Smoothie View Post
Some companies will ask you to leave the day you quit.

But other than that, I agree. Two weeks is pretty arbitrary.
Two weeks notice is customary because most people are paid roughly every two weeks (either bi-weekly or semi-monthly), and their contributions toward benefits/retirement follow suit. Two weeks notice lets the payroll department go through any final accruals/adjustments for PTO payout, benefits, etc. that might affect your final paycheck.
__________________
"Allow me to introduce you to the American public.
You'll want to wash your hands afterward."
--Samantha

"I guess I just have a lower prior-expectation of humanity than you folks. You win for optimism, but I win for accuracy."
--Pseudolus

"I wonder if there's a lower bound on how dumb the internet can get. We gotta be getting close, right?"
--Mother of DragQueens

Last edited by Enough Exams Already; 04-12-2018 at 12:00 PM.. Reason: grammar...flippin' fat fingers!
Reply With Quote
  #9  
Old 04-12-2018, 12:02 PM
Westley Westley is offline
Member
 
Join Date: Nov 2001
Posts: 27,320
Default

Quote:
Originally Posted by kingofants View Post
Not to mention the awkward work environment.
I suspect your work environment was already awkward.
Reply With Quote
  #10  
Old 04-12-2018, 12:09 PM
Vorian Atreides's Avatar
Vorian Atreides Vorian Atreides is offline
Wiki/Note Contributor
CAS
 
Join Date: Apr 2005
Location: As far as 3 cups of sugar will take you
Studying for ACAS
College: Hard Knocks
Favorite beer: Most German dark lagers
Posts: 62,718
Default

If you have knowledge that isn't captured somewhere and it would save another employee several hours of "recreating it" by simply asking you about it . . . then the "lame duck" period is beneficial.

But if you don't, then employers have the option to cash you out for those 2 weeks (or whatever time frame you gave them) and send you packing immediately.

Quote:
Originally Posted by Westley View Post
I suspect your work environment was already awkward.
__________________
I find your lack of faith disturbing

Why should I worry about dying? Itís not going to happen in my lifetime!


Freedom of speech is not a license to discourtesy

#BLACKMATTERLIVES
Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


All times are GMT -4. The time now is 11:04 AM.


Powered by vBulletin®
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.
*PLEASE NOTE: Posts are not checked for accuracy, and do not
represent the views of the Actuarial Outpost or its sponsors.
Page generated in 0.41713 seconds with 9 queries