Speak to Manager after giving Resignation Letter
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@scottalanmiller said:
I'm not sure any of us outside of India could answer that. In the US they might fire you immediately, but that forces them to pay unemployment so rarely do they want to do that. It's really a question about legal issues and protections in India.
You're the one who said "they might fire you immediately" My question is, can you be fired if you just turned in a resignation? Firing you is bad for you, while resigning normally isn't. Of course firing puts them on the hook for things you mentioned as well.
I thought I read that the company is still on the hook for those things even if an employee quits, but there's a grace period before they can collect.
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@Dashrender said:
You're the one who said "they might fire you immediately" My question is, can you be fired if you just turned in a resignation?
Yes you can, and yes it is common. Unless you "walk out" before they can fire you, they can fire you at any moment after you have turned in a resignation until your end date/time.
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@Dashrender said:
Firing you is bad for you, while resigning normally isn't.
No, firing should be good for you. No negatives. Resigning is bad for you because you give up your protections.
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@scottalanmiller said:
@Dashrender said:
Firing you is bad for you, while resigning normally isn't.
No, firing should be good for you. No negatives. Resigning is bad for you because you give up your protections.
That seems completely counter intuitive. Why should a company be penalized even more by firing you? Most of the time I'm sure companies are firing someone for bad performance or the need to downsize.
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@Dashrender said:
That seems completely counter intuitive. Why should a company be penalized even more by firing you?
Because firing people comes with penalties. It just does. You can't just fire people willy nilly. Just like they can't just not show up to work without penalties. Things like unemployment are paid for by companies that fire you. If a company fires you, they have to cover that stuff.
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@Dashrender said:
Most of the time I'm sure companies are firing someone for bad performance or the need to downsize.
And if because of downsizing, they still have penalties to deal with.
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@scottalanmiller said:
Because firing people comes with penalties. It just does. You can't just fire people willy nilly.
Oh wow.. the only penalty they suffer is being fired, but what do they care, now they get paid for doing nothing. Instead of being paid to at least show up, even if they do nothing while there. lol
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@Dashrender said:
@scottalanmiller said:
Because firing people comes with penalties. It just does. You can't just fire people willy nilly.
Oh wow.. the only penalty they suffer is being fired, but what do they care, now they get paid for doing nothing. Instead of being paid to at least show up, even if they do nothing while there. lol
Getting fired means they are not getting a full paycheck but have to wait some time and then get a partial one.
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Unemployment isn't a wonderland of money. But it is a penalty to companies firing people who wanted to work.
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@scottalanmiller said:
Unemployment isn't a wonderland of money. But it is a penalty to companies firing people who wanted to work.
Believe me i know. I was doing some consulting, and just a very few number of hours a week covered the pay from unemployment - So I told them not to bother continuing with the paperwork.
In retrospect, I should have opened an LLC, billed the consulting dollars through that, and paid myself minimum wage, and collected unemployment lol
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@Dashrender said:
@scottalanmiller said:
Unemployment isn't a wonderland of money. But it is a penalty to companies firing people who wanted to work.
Believe me i know. I was doing some consulting, and just a very few number of hours a week covered the pay from unemployment - So I told them not to bother continuing with the paperwork.
In retrospect, I should have opened an LLC, billed the consulting dollars through that, and paid myself minimum wage, and collected unemployment lol
Or not paid yourself at all.
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@scottalanmiller said:
@Dashrender said:
@scottalanmiller said:
Unemployment isn't a wonderland of money. But it is a penalty to companies firing people who wanted to work.
Believe me i know. I was doing some consulting, and just a very few number of hours a week covered the pay from unemployment - So I told them not to bother continuing with the paperwork.
In retrospect, I should have opened an LLC, billed the consulting dollars through that, and paid myself minimum wage, and collected unemployment lol
Or not paid yourself at all.
I'm not sure how legal that is. My accountant at the time seemed to indicate that when you're an owner and the one doing the work, you have to pay yourself a wage. If you don't and you get audited, they would make you pay yourself a wage of some kind so you're paying FICA, etc.
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@Dashrender said:
I'm not sure how legal that is. My accountant at the time seemed to indicate that when you're an owner and the one doing the work, you have to pay yourself a wage. If you don't and you get audited, they would make you pay yourself a wage of some kind so you're paying FICA, etc.
As an LLC? Pretty sure you don't need to be paid to work. But I've never run an LLC. You only have an issue if you are taking profits AND not paying yourself to work.
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@scottalanmiller said:
@Dashrender said:
I'm not sure how legal that is. My accountant at the time seemed to indicate that when you're an owner and the one doing the work, you have to pay yourself a wage. If you don't and you get audited, they would make you pay yourself a wage of some kind so you're paying FICA, etc.
As an LLC? Pretty sure you don't need to be paid to work. But I've never run an LLC. You only have an issue if you are taking profits AND not paying yourself to work.
Kinda hard to pay your personal bills if you're not taking profits out of the company to pay them, or am I missing something? Assume single person income.
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@Dashrender said:
Kinda hard to pay your personal bills if you're not taking profits out of the company to pay them, or am I missing something? Assume single person income.
Pay the bills with unemployment. Pay for work stuff with the "profits."
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@scottalanmiller said:
@Dashrender said:
Kinda hard to pay your personal bills if you're not taking profits out of the company to pay them, or am I missing something? Assume single person income.
Pay the bills with unemployment. Pay for work stuff with the "profits."
A mortgage that is higher than the unemployment doesn't work that way... lol Time for downsizing.. lol
