From the course: 14 Things to Do When You Lose Your Job

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Don't quit your job

Don't quit your job

From the course: 14 Things to Do When You Lose Your Job

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Don't quit your job

- If you think you're going to get laid off, this can be a very stressful time in your life. As a financial advisor, sometimes I have clients say they just want to quit. They're under a large amount of stress. They see the inevitable coming and they think that by quitting, they're taking control of the situation. If you're in this situation and you think you might be losing your job soon and you don't have anything else lined up, the best advice I can give you is don't quit your job. There are several reasons why I don't want you to quit your job. The first of those is that, oftentimes, employers will pay some sort of severance if you're laid off. In some cases, this may only be a few weeks pay. In others, it could be a few months. It all depends on your company policies. If you choose to quit your job voluntarily, you will often miss out on this potential severance pay. Secondly, voluntarily quitting your job often…

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