1 00:00:02,109 --> 00:00:05,139 Speaker 1: Hi, this is our Ask Me Anything segment where we 2 00:00:05,139 --> 00:00:09,069 Speaker 1: tackle a question you have sent us. Our listener quaint 3 00:00:09,069 --> 00:00:11,739 Speaker 1: sent one to us and we're going to talk about it. 4 00:00:12,029 --> 00:00:14,909 Speaker 1: He's in a close knit team of about 15 people 5 00:00:14,909 --> 00:00:17,549 Speaker 1: and they're in the banking sector. One of the senior 6 00:00:17,549 --> 00:00:21,069 Speaker 1: managers came across an opportunity in a competing firm and 7 00:00:21,069 --> 00:00:23,459 Speaker 1: has floated the idea to 5 people in the team, 8 00:00:23,829 --> 00:00:24,590 Speaker 1: including Queen. 9 00:00:25,290 --> 00:00:28,649 Speaker 1: Now no one has a non-compete or a non-solicitation clause 10 00:00:28,649 --> 00:00:32,569 Speaker 1: in their contract, but they're concerned about the fallout when 11 00:00:32,569 --> 00:00:36,699 Speaker 1: they announced their resignation. Before we could record this AMA, 12 00:00:36,930 --> 00:00:39,360 Speaker 1: Quin wrote back to me that one of the directors 13 00:00:39,360 --> 00:00:42,529 Speaker 1: that he wants to work with pulled out saying that 14 00:00:42,529 --> 00:00:45,278 Speaker 1: he prefers the stability of the current job but may 15 00:00:45,279 --> 00:00:47,689 Speaker 1: move in 9 months' time. Quinn is not sure what 16 00:00:47,689 --> 00:00:50,080 Speaker 1: to do now. Should he move? And if he does, 17 00:00:50,209 --> 00:00:53,490 Speaker 1: will this mass exodus look bad for all of them. 18 00:00:53,729 --> 00:00:57,840 Speaker 2: I think Tiffany, this is a very interesting situation. 15 19 00:00:57,840 --> 00:00:58,720 Speaker 2: people are moving 20 00:00:58,720 --> 00:01:01,040 Speaker 1: together. Yeah, 15 people in the team, but about 5 21 00:01:01,040 --> 00:01:02,520 Speaker 1: people are going to move, so a third of them 22 00:01:02,520 --> 00:01:02,680 Speaker 1: are going 23 00:01:02,680 --> 00:01:02,880 Speaker 1: to move. 24 00:01:02,990 --> 00:01:03,599 Speaker 2: So it's like the first 25 00:01:03,599 --> 00:01:05,679 Speaker 1: batch, batch. Who knows, there may 26 00:01:05,680 --> 00:01:05,839 Speaker 2: be 27 00:01:05,839 --> 00:01:06,010 Speaker 1: more. 28 00:01:06,400 --> 00:01:09,239 Speaker 2: I think just based on this situation, right, my suspicion 29 00:01:09,239 --> 00:01:11,690 Speaker 2: is Quinn may be seeing things from perhaps a rose. 30 00:01:11,925 --> 00:01:15,044 Speaker 2: The lens of a happy family working together, but I 31 00:01:15,044 --> 00:01:17,054 Speaker 2: think in reality it really doesn't work that way. Yeah. 32 00:01:18,144 --> 00:01:21,775 Speaker 2: Usually most of big groups of people moving across competing firms, 33 00:01:22,035 --> 00:01:24,305 Speaker 2: they don't really happen. When they break it up into 34 00:01:24,305 --> 00:01:26,785 Speaker 2: like batches of the 1st 5, sometimes there's a reason 35 00:01:26,785 --> 00:01:29,264 Speaker 2: why they break you into the batches, right? Certain things 36 00:01:29,264 --> 00:01:30,065 Speaker 2: are maybe 37 00:01:30,250 --> 00:01:31,869 Speaker 2: The first group of people are the ones that they really, 38 00:01:31,879 --> 00:01:34,160 Speaker 2: really want, and then after that, things may 39 00:01:34,160 --> 00:01:34,449 Speaker 2: change. 40 00:01:34,519 --> 00:01:37,080 Speaker 1: It's like nice to have, but then I feel bad 41 00:01:37,080 --> 00:01:39,559 Speaker 1: that we didn't bring you across. So we kind of 42 00:01:39,559 --> 00:01:40,319 Speaker 1: floated the idea 43 00:01:40,319 --> 00:01:40,690 Speaker 1: as well. 44 00:01:40,760 --> 00:01:42,750 Speaker 2: Yeah, so that's what I mean by the rose-tinted lenses. 45 00:01:42,839 --> 00:01:46,019 Speaker 2: Usually the higher, maybe they prefer certain employees and then 46 00:01:46,019 --> 00:01:47,559 Speaker 2: they want them to come as the first batch. The 47 00:01:47,559 --> 00:01:51,000 Speaker 2: rest is like see how. I think also when such 48 00:01:51,000 --> 00:01:53,650 Speaker 2: moves are being discussed, right, it's not just the demand 49 00:01:53,650 --> 00:01:56,080 Speaker 2: side that may change, but it's also even on the 50 00:01:56,080 --> 00:01:58,309 Speaker 2: employee side, the supply side, the supply side. 51 00:01:58,663 --> 00:02:01,773 Speaker 2: In different life stages, different tenure in the company. Some 52 00:02:01,773 --> 00:02:04,053 Speaker 2: of them might feel that, OK, if some people in 53 00:02:04,053 --> 00:02:07,212 Speaker 2: my team move on, I have opportunities. Oh yes, that's true. 54 00:02:07,373 --> 00:02:09,973 Speaker 2: If I stay on, the loyalty may be rewarded. I'm 55 00:02:09,973 --> 00:02:12,242 Speaker 2: be able to progress further, there's a gap, you see. 56 00:02:12,651 --> 00:02:15,332 Speaker 2: So it's not realistic to say everybody will move together 57 00:02:15,332 --> 00:02:15,722 Speaker 2: for the same 58 00:02:15,723 --> 00:02:16,003 Speaker 2: thing. 59 00:02:16,093 --> 00:02:18,013 Speaker 1: I think the sound of it at the start sounds 60 00:02:18,013 --> 00:02:21,172 Speaker 1: very good because it sounds like very spartan moment, like 61 00:02:21,173 --> 00:02:24,563 Speaker 1: we are going to go and then everybody is like, move, 62 00:02:24,733 --> 00:02:26,931 Speaker 1: judge that kind of stuff, but you're right. 63 00:02:27,085 --> 00:02:29,745 Speaker 1: Because there might be people who are, let's say parents 64 00:02:29,746 --> 00:02:32,386 Speaker 1: or who have loans and they might go, you know, 65 00:02:32,505 --> 00:02:34,906 Speaker 1: I would prefer the stability, like one of the directors 66 00:02:34,906 --> 00:02:37,424 Speaker 1: that he mentioned, right, would prefer the stability. And I 67 00:02:37,425 --> 00:02:39,805 Speaker 1: think when he said I might move in 9 months' time, 68 00:02:39,826 --> 00:02:42,326 Speaker 1: I think that person is also sussing out because what 69 00:02:42,326 --> 00:02:45,424 Speaker 1: if things change within the current company if he gets 70 00:02:45,425 --> 00:02:47,985 Speaker 1: a promotion like you say, he might not move or 71 00:02:47,985 --> 00:02:50,785 Speaker 1: if the company decides, OK, this is not very, yeah, 72 00:02:50,945 --> 00:02:53,246 Speaker 1: there's not double bootload, we are not going to increase headcount, 73 00:02:53,386 --> 00:02:55,275 Speaker 1: then maybe he will move. But whatever is the case. 74 00:02:55,880 --> 00:02:58,440 Speaker 1: There are people who want the stability. They don't really 75 00:02:58,440 --> 00:03:01,258 Speaker 1: want the lure of going to something that is new, 76 00:03:01,399 --> 00:03:04,199 Speaker 1: something that pays well now, because they want something that 77 00:03:04,199 --> 00:03:05,880 Speaker 1: it's like bird in hand, right? You have the bird 78 00:03:05,880 --> 00:03:09,600 Speaker 1: in hand. Why do I want to shake my own foundation. 79 00:03:09,720 --> 00:03:12,228 Speaker 1: So you're right, I think maybe what Quin can do 80 00:03:12,229 --> 00:03:14,550 Speaker 1: is to think where is he at at this point 81 00:03:14,550 --> 00:03:17,029 Speaker 1: in his career. Does he need the stability or 82 00:03:17,184 --> 00:03:19,984 Speaker 1: Does he want to try something different? So move not 83 00:03:19,985 --> 00:03:22,704 Speaker 1: because it's like a spartan moment, but you know, do 84 00:03:22,705 --> 00:03:25,345 Speaker 1: it because he wants to. I mean, would you say 85 00:03:25,345 --> 00:03:27,065 Speaker 1: that would be your advice as a career counselor? 86 00:03:27,304 --> 00:03:29,695 Speaker 2: Exactly. I think when we take ownership of our own career, 87 00:03:29,985 --> 00:03:32,464 Speaker 2: we think for ourselves and not just rely on other 88 00:03:32,464 --> 00:03:35,065 Speaker 2: people and what they are doing. It puts the ownership 89 00:03:35,065 --> 00:03:36,904 Speaker 2: of career into our own hands and we are more 90 00:03:36,904 --> 00:03:40,264 Speaker 2: convinced and convicted, committed towards how we want our career 91 00:03:40,264 --> 00:03:42,475 Speaker 2: to move forward. I mean, just imagine, right, if today 92 00:03:42,869 --> 00:03:45,539 Speaker 2: Quin makes a move across and then he realizes that 93 00:03:45,539 --> 00:03:47,449 Speaker 2: actually the grass is not greener on the other side. 94 00:03:47,789 --> 00:03:49,589 Speaker 2: Then where do you put that blame? Do you blame 95 00:03:49,589 --> 00:03:52,470 Speaker 2: that because everybody went, so that's why I also followed 96 00:03:52,470 --> 00:03:54,190 Speaker 2: on and it's not working out for me, but it's 97 00:03:54,190 --> 00:03:56,110 Speaker 2: working out for everybody else. I think it's important to 98 00:03:56,110 --> 00:03:58,259 Speaker 2: think for yourself so that you have the ownership. 99 00:03:58,804 --> 00:04:01,675 Speaker 2: Good thing is work relationships can progress into friendships outside 100 00:04:01,675 --> 00:04:04,354 Speaker 2: of work. So the relationships that Queen, you built up 101 00:04:04,354 --> 00:04:06,955 Speaker 2: with your 14 other people on the team, it will 102 00:04:06,955 --> 00:04:09,274 Speaker 2: last past the companies that you are in, no matter 103 00:04:09,274 --> 00:04:11,654 Speaker 2: where you are at. So continue to build that into 104 00:04:11,654 --> 00:04:13,785 Speaker 2: a friendship, perhaps then you won't miss them that much. 105 00:04:13,955 --> 00:04:14,755 Speaker 1: Yeah, exactly. 106 00:04:15,250 --> 00:04:18,179 Speaker 1: Now, Quaint, I hope our conversation has given you some 107 00:04:18,178 --> 00:04:21,630 Speaker 1: clarity on what to do. Let us know what you decide. 108 00:04:21,779 --> 00:04:24,579 Speaker 1: We're really very curious. If like Quint you have a 109 00:04:24,579 --> 00:04:28,010 Speaker 1: work-related question, do write into us. We're at CNA podcasts 110 00:04:28,010 --> 00:04:33,730 Speaker 1: at Medcorp.com.sg. You can also find us on Spotify, Apple Podcasts, 111 00:04:33,779 --> 00:04:34,859 Speaker 1: and YouTube. 112 00:04:35,100 --> 00:04:37,730 Speaker 1: The team behind the Work It podcast is Christina Robert, 113 00:04:37,809 --> 00:04:41,890 Speaker 1: Joan Chan, Juani Johari and Sai Ye Win. Sound mixing 114 00:04:41,890 --> 00:04:45,279 Speaker 1: by Carrie Lim, video by Hanida Amin. I'm Gry and 115 00:04:45,279 --> 00:04:49,279 Speaker 1: I'm Tiffany. Here's wishing you a good work week ahead.