It’s an exciting and often nerve-wracking time and it’s easy to lose sight of the important steps you have to go through in the rush to tell everyone about your new job.
The first thing to take a look at before accepting your new position is to see what notice you are required to give to your current employer. This notice could be anything between a week and six months, depending on how long you have been with the company and how senior your position is.
Many companies are prepared to negotiate with employees who have already made the decision to leave, so it may be that you are able to stop work sooner than stated in your notice period and start your new job earlier.
Any new employer should give you a contract either before you start work or on your first day as a matter of course. Read through it carefully and ensure you are happy with all of the terms and conditions stated. Clarify anything you are not sure about with the employer’s HR department.
Take note of issues such as payment schedule, as often people moving from a weekly pay packet to a monthly salary will need to take out instant cash loans to tide them over until their first pay packet. Many companies will also ask you to work a probationary period; this is standard practice and will allow both employer and employee to ease themselves in to the new position.
On your last day at your old job, ask the payroll department to provide you with a P45. Without this, it will mean that the payroll department at your new company has to put you on to emergency tax and could mean that you have to use an instant cash loan for longer.
If you are starting a job for the first time, the new employer will provide you with all of the paperwork you need to complete. Take documentation such as passport, national insurance number, references and educational certificates with you on your first day. Make sure your employer has the correct bank details so that you can be paid, and keep them updated of any changes of bank account or address.
If you are moving into the workplace for the first time, or moving to an employer which operates on a different timescale you may have to go as long as six or seven weeks without being paid. If this is going to be an issue, contact all the companies you pay direct debits to and ask them if you can adjust the day the payment leaves your account to make things easier.
In order to ensure important bills such as rent and mortgage are covered, it may be sensible to take out an instant cash loan so that money is available in your account when you need it most.
Many companies are now giving departing employees the chance to attend an exit interview in which you can explain your reasons for leaving and give them feedback about all aspects of the business.
The exit interview is not a forum for you to have a moan about your boss and colleagues, but it can be used to explain that you feel more training should be available, or that the benefits offered just don’t match up to what you are being offered elsewhere. The interview is usually conducted by a member of the HR department.
Sarah Fox is a freelance writer who specialises in financial matters such as applying for instant cash loans, credit cards and knowing your consumer rights. Follow her on Google Plus for tips and advice.
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