Welcome to Bimmerfest -- The #1 Online Community for BMW related information! Please enjoy the discussion forums below and share your experiences with the 200,000 current, new and past BMW owners. The forums are broken out by car model and into other special interest sections such as BMW European Delivery and a special forum to voice your questions to the many BMW dealers on the site to assist our members!

Please follow the links below to help get you started!

Go Back   Bimmerfest - BMW Forums > Everything Else > Off-Topic

Off-Topic
Everything not about BMWs. Posts must be "primetime safe" and in good taste. No personal attacks allowed. Political posting is restricted to the Political Science forum!

Reply
 
Thread Tools Display Modes
  #1  
Old 10-01-2012, 06:41 PM
indeed330 indeed330 is offline
Officially Welcomed to the 'Fest
Location: NJ
 
Join Date: Oct 2010
Posts: 115
Mein Auto: '02 330i, '07 335i
Short gap in between jobs

I have a quick question regarding job change. I have recently received a good offer for a new job while I'm employed at my current position. So I am thinking whether it is ok to quit my current job in 2 weeks, take a week off (unemployed), and then join the new position.

This gap of 1 week - would that be detrimental in any way to my record? Any kind of tax implications/disadvantages? All I could think of is gap in health insurance coverage, but I believe there is a coverage that extends to a few days after you quit (?) Need to confirm that with HR though. I'm in New Jersey and I work in telecom if that makes a difference.

The other option is to join the new job right away, but I would like to take a week off to clear my mind for a fresh start. I've never done this before, so any advice will be appreciated

Thanks guys.
__________________

----------------------------------------------------------
2002 330i sedan, premium, cold weather packages, hk
2007 335i coupe, premium, sport, cold weather packages, nav, comfort access
Reply With Quote
Advertisement
  #2  
Old 10-02-2012, 04:21 AM
Mbbrewer Mbbrewer is offline
Officially Welcomed to the 'Fest
Location: Houston
 
Join Date: Jun 2010
Posts: 309
Mein Auto: 2013 550 Msport
I've done this every time I have switched jobs. Generally I find it hard to take time off shortly after starting a new job so this is an opportunity to get some downtime before you begin learning the ropes somewhere new. As long as you have insurance coverage during your time off, there is no reason not to do it.
Reply With Quote
  #3  
Old 10-02-2012, 04:33 AM
Oscar Oscar is offline
Officially Welcomed to the 'Fest
Location: Toronto, Ontario
 
Join Date: Jan 2002
Posts: 280
Mein Auto: 2009 328i
Find out exactly when your insurance commences at your new job. Some have waiting periods.
Reply With Quote
  #4  
Old 10-02-2012, 07:06 AM
Spike Holmes Spike Holmes is offline
Officially Welcomed to the 'Fest
Location: Frisco, TX
 
Join Date: May 2008
Posts: 514
Send a message via Yahoo to Spike Holmes
Mein Auto: 525i, G35, Subway
Typically you don't list the exact day you list the month. If you are asked the exact day, a week off can easily be explained.
Reply With Quote
  #5  
Old 10-02-2012, 07:12 AM
Coconutpete's Avatar
Coconutpete Coconutpete is offline
Coconut Pete's paella!
Location: Charlotte, NC / Denmark
 
Join Date: Feb 2008
Posts: 4,557
Mein Auto: VW Wabbit
Even if you were asked in a future job interview ...... "i took a week off in between jobs"...... I interview people from time to time and I never even thought to ask if the gap was less than 3 weeks.
__________________
The word "there" can appear as a pronoun, as in “over there".

"Their" is a possessive pronoun. In a phrase like “Susan and Bill's car,” it could be used to to make a new phrase: “their car.”

”They're” is a contraction of “they are.”
“They are” should always be able to replace “they're.”

Extra credit: It's "I'm looking for an M3" not "I'm looking for a M3".
Reply With Quote
  #6  
Old 10-02-2012, 08:45 AM
SWISS SWISS is offline
On Top
Location: Certified Okie
 
Join Date: Apr 2005
Posts: 8,779
Send a message via AIM to SWISS Send a message via Yahoo to SWISS
Mein Auto: E30 S52 / S52 M roady
Perfectly reasonable hiatus IMO. You don't want to miss work in the first few months for personal stuff you could have got taken care off had you took the week.
__________________

Reply With Quote
  #7  
Old 10-02-2012, 09:29 AM
M&K's Avatar
M&K M&K is offline
Displaced Charger Fan
Location: Frozen North
 
Join Date: Mar 2011
Posts: 516
Mein Auto: 330Ci Convertible
Quote:
Originally Posted by Oscar View Post
Find out exactly when your insurance commences at your new job. Some have waiting periods.
This ^^, but you can take COBRA if need be.

Take at least that one week off. Getting time off from a new job is troublesome at best, not allowed at worst. This could be your last time off for 6 months or more (depending on new employer's rules). Take what you can afford to.
__________________


I’m usually a ninja, but my Spidey-senses told me he was going to take a fall, so I saved his life. - Martellus Bennett
Reply With Quote
  #8  
Old 10-02-2012, 02:20 PM
indeed330 indeed330 is offline
Officially Welcomed to the 'Fest
Location: NJ
 
Join Date: Oct 2010
Posts: 115
Mein Auto: '02 330i, '07 335i
I did check with my new employer about the health insurance, it kicks in day 1, and current coverage is valid till end of month, so I'm good there! Won't need CORBA.

Thanks for the responses, i appreciate it.
__________________

----------------------------------------------------------
2002 330i sedan, premium, cold weather packages, hk
2007 335i coupe, premium, sport, cold weather packages, nav, comfort access
Reply With Quote
  #9  
Old 10-02-2012, 03:29 PM
johnc_22's Avatar
johnc_22 johnc_22 is offline
Squeal like a BMW
Location: Atlanta, GA
 
Join Date: Sep 2004
Posts: 6,599
Mein Auto: 2013 Audi A4
I took 3 months off since I got laid off with a good severance package. I had to pay COBRA but it was totally worth it to unwind for that long after working at a place for twelve years, and hating it for the last 4.

This did not at all affect my ability to find employment when I was ready. Most people were jealous.
__________________
2013 Audi A4 - Premium+/Sport/MMI/B+O Audio
2007 BMW E90 335i (retired)
Reply With Quote
  #10  
Old 10-02-2012, 03:59 PM
indeed330 indeed330 is offline
Officially Welcomed to the 'Fest
Location: NJ
 
Join Date: Oct 2010
Posts: 115
Mein Auto: '02 330i, '07 335i
wow I wouldn't know what the hell to do those 10 hours a day for 3 months lol.

I would take a week more, but these guys want me to join right away

How much do you usually pay for CORBA? Is it a standard amount for the same coverage, you just pay what the company has been paying on your behalf? Or can you customize what you want?
__________________

----------------------------------------------------------
2002 330i sedan, premium, cold weather packages, hk
2007 335i coupe, premium, sport, cold weather packages, nav, comfort access
Reply With Quote
  #11  
Old 10-02-2012, 04:10 PM
johnc_22's Avatar
johnc_22 johnc_22 is offline
Squeal like a BMW
Location: Atlanta, GA
 
Join Date: Sep 2004
Posts: 6,599
Mein Auto: 2013 Audi A4
Not sure but it was $377/month for me. I more than made it up by getting paid twice when I took another job. I had 6 months severance. I played Sky Rim for a good bit of it.
__________________
2013 Audi A4 - Premium+/Sport/MMI/B+O Audio
2007 BMW E90 335i (retired)
Reply With Quote
  #12  
Old 10-02-2012, 08:02 PM
Emilner Emilner is offline
Officially Welcomed to the 'Fest
Location: LI, NY
 
Join Date: Aug 2010
Posts: 1,361
Mein Auto: 2013 SL63
I sure wish I could have done that. I had to work 80 hrs a week the minute I quit to bring my clients over to my new firm. If you can take a week or two I would, a small gap like that would not even show on a resume (work time is quoted in months). Do check on your new insurance eligibility and if you need cobra...
__________________


2015 S550 Anthracite blue, Silk, loaded and doin just fine...
2013 SL63 AMG black....
2012 750IL x drive, imperial blue/oyster, a finely loaded beater car...
2014 GL350 loaded for the wifey...
2012 650 Cabriolet M sport (gone)
Reply With Quote
  #13  
Old 10-03-2012, 05:24 AM
milobloom242's Avatar
milobloom242 milobloom242 is offline
gashlycrumb
Location: CA
 
Join Date: Dec 2004
Posts: 2,550
Mein Auto: 325i
As for tax implications I don't know of any other than getting two W-2's for this year. Assuming you'll make more at your new job, you may pay more
Reply With Quote
  #14  
Old 10-03-2012, 09:08 AM
M&K's Avatar
M&K M&K is offline
Displaced Charger Fan
Location: Frozen North
 
Join Date: Mar 2011
Posts: 516
Mein Auto: 330Ci Convertible
Quote:
Originally Posted by indeed330 View Post
wow I wouldn't know what the hell to do those 10 hours a day for 3 months lol.

I would take a week more, but these guys want me to join right away

How much do you usually pay for CORBA? Is it a standard amount for the same coverage, you just pay what the company has been paying on your behalf? Or can you customize what you want?
COBRA is the full cost of the insurance to your previous employer, and often comes with an administrative fee on top of that. Not knowing your coverage, I can't tell you a price. If you have family health and dental, it could easily top $1,000 a month, depending on provider, coverage, etc., etc., etc.
__________________


I’m usually a ninja, but my Spidey-senses told me he was going to take a fall, so I saved his life. - Martellus Bennett
Reply With Quote
Reply

Bookmarks


Forum Navigation
Go Back   Bimmerfest - BMW Forums > Everything Else > Off-Topic
Today's Posts Search
Thread Tools
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 On



Forum Jump


All times are GMT -7. The time now is 04:16 PM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
© 2001-2011 performanceIX, Inc. All Rights Reserved .: guidelines .:. privacy .:. terms