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  #31  
Old 04-13-2018, 01:13 PM
actuary_aspire actuary_aspire is offline
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Originally Posted by Westley View Post
Had a friend that did the same thing in Europe, was contractual that he had to. Is that just everywhere? And does it apply at all levels, white collar and blue collar? Totally bizarre to us Yanks. As mentioned above, two weeks is often more than necessary.
It's more of a white collar thing and it's the case in most parts of Asia as well, though how many months you actually end up serving is up to your manager.
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  #32  
Old 04-13-2018, 02:02 PM
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This was my thought too. If this is true it seems incredibly inefficient from an economic standpoint.
I'm not sure it's inefficient- the guy you're replacing will be serving a 3 month notice period too. The time without any staff is still entirely dependent on how long the recruitment process takes - it's just that I get 3 months warning of when I'll be short staffed so can plan around it.
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But the mosquitoes in New Brunswick Bay of Fundy did mess with my understanding of some limited loss functions
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Excel gave me #VALUE.

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  #33  
Old 04-13-2018, 03:01 PM
Westley Westley is offline
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Is it customary or contractual?
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  #34  
Old 04-13-2018, 04:59 PM
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In some ways you do feel like a "lame duck", but in other ways you stay busy by having to transition your work to other people. Also, you'll spend a lot of time grabbing lunch or coffee with people that you want to see before you go. These conversations can take up a surprisingly large amount of your two weeks.
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  #35  
Old 04-13-2018, 05:18 PM
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I've given a couple months notice. I knew i was leaving, I was on good terms with my boss, why not let him know? It made it easier for him to plan.

I just did my job until the last week or two when i handed stuff off to others.
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  #36  
Old 04-13-2018, 05:34 PM
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I aspire someday to have garden leave of significant length.
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  #37  
Old 04-13-2018, 05:34 PM
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Originally Posted by PeppermintPatty View Post
I've given a couple months notice. I knew i was leaving, I was on good terms with my boss, why not let him know? It made it easier for him to plan.

I just did my job until the last week or two when i handed stuff off to others.
Why did you know you were leaving so long in advance, Sir?
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  #38  
Old 04-13-2018, 05:37 PM
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My husband just got his PhD, he found a post-doc, and we were moving to a new city. I think I'd found a job in that city, as well.

I gave substantially more than 2 weeks notice from that job, too. But that company had already died by the time I gave notice, and my incentive to stay had expired. No one was surprised that I was looking for something else. In fact, I discussed my job prospects with that boss, who gave me good advise.
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  #39  
Old 04-14-2018, 01:44 PM
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Arbitrary like using TVaR99. It might be better to use something like 5xTvaR90 which is a more reliable percentile.
I like XTVAR
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  #40  
Old 04-16-2018, 11:27 AM
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Originally Posted by Westley View Post
Is it customary or contractual?
In the UK, almost always contractual. Of course if both sides agree, the actual period can be shorter.

And notice periods usually work both ways: if you have to give n months notice to your employer, they probably have to give you n months notice if they want to cut back on staff.
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