WEBVTT - Should I join the mass exodus and leave for another company?

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<v Speaker 1>Hi, this is our Ask Me Anything segment where we

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<v Speaker 1>tackle a question you have sent us. Our listener quaint

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<v Speaker 1>sent one to us and we're going to talk about it.

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<v Speaker 1>He's in a close knit team of about 15 people

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<v Speaker 1>and they're in the banking sector. One of the senior

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<v Speaker 1>managers came across an opportunity in a competing firm and

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<v Speaker 1>has floated the idea to 5 people in the team,

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<v Speaker 1>including Queen.

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<v Speaker 1>Now no one has a non-compete or a non-solicitation clause

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<v Speaker 1>in their contract, but they're concerned about the fallout when

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<v Speaker 1>they announced their resignation. Before we could record this AMA,

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<v Speaker 1>Quin wrote back to me that one of the directors

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<v Speaker 1>that he wants to work with pulled out saying that

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<v Speaker 1>he prefers the stability of the current job but may

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<v Speaker 1>move in 9 months' time. Quinn is not sure what

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<v Speaker 1>to do now. Should he move? And if he does,

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<v Speaker 1>will this mass exodus look bad for all of them.

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<v Speaker 2>I think Tiffany, this is a very interesting situation. 15

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<v Speaker 2>people are moving

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<v Speaker 1>together. Yeah, 15 people in the team, but about 5

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<v Speaker 1>people are going to move, so a third of them

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<v Speaker 1>are going

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<v Speaker 1>to move.

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<v Speaker 2>So it's like the first

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<v Speaker 1>batch, batch. Who knows, there may

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<v Speaker 2>be

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<v Speaker 1>more.

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<v Speaker 2>I think just based on this situation, right, my suspicion

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<v Speaker 2>is Quinn may be seeing things from perhaps a rose.

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<v Speaker 2>The lens of a happy family working together, but I

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<v Speaker 2>think in reality it really doesn't work that way. Yeah.

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<v Speaker 2>Usually most of big groups of people moving across competing firms,

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<v Speaker 2>they don't really happen. When they break it up into

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<v Speaker 2>like batches of the 1st 5, sometimes there's a reason

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<v Speaker 2>why they break you into the batches, right? Certain things

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<v Speaker 2>are maybe

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<v Speaker 2>The first group of people are the ones that they really,

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<v Speaker 2>really want, and then after that, things may

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<v Speaker 2>change.

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<v Speaker 1>It's like nice to have, but then I feel bad

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<v Speaker 1>that we didn't bring you across. So we kind of

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<v Speaker 1>floated the idea

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<v Speaker 1>as well.

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<v Speaker 2>Yeah, so that's what I mean by the rose-tinted lenses.

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<v Speaker 2>Usually the higher, maybe they prefer certain employees and then

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<v Speaker 2>they want them to come as the first batch. The

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<v Speaker 2>rest is like see how. I think also when such

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<v Speaker 2>moves are being discussed, right, it's not just the demand

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<v Speaker 2>side that may change, but it's also even on the

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<v Speaker 2>employee side, the supply side, the supply side.

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<v Speaker 2>In different life stages, different tenure in the company. Some

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<v Speaker 2>of them might feel that, OK, if some people in

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<v Speaker 2>my team move on, I have opportunities. Oh yes, that's true.

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<v Speaker 2>If I stay on, the loyalty may be rewarded. I'm

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<v Speaker 2>be able to progress further, there's a gap, you see.

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<v Speaker 2>So it's not realistic to say everybody will move together

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<v Speaker 2>for the same

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<v Speaker 2>thing.

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<v Speaker 1>I think the sound of it at the start sounds

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<v Speaker 1>very good because it sounds like very spartan moment, like

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<v Speaker 1>we are going to go and then everybody is like, move,

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<v Speaker 1>judge that kind of stuff, but you're right.

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<v Speaker 1>Because there might be people who are, let's say parents

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<v Speaker 1>or who have loans and they might go, you know,

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<v Speaker 1>I would prefer the stability, like one of the directors

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<v Speaker 1>that he mentioned, right, would prefer the stability. And I

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<v Speaker 1>think when he said I might move in 9 months' time,

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<v Speaker 1>I think that person is also sussing out because what

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<v Speaker 1>if things change within the current company if he gets

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<v Speaker 1>a promotion like you say, he might not move or

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<v Speaker 1>if the company decides, OK, this is not very, yeah,

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<v Speaker 1>there's not double bootload, we are not going to increase headcount,

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<v Speaker 1>then maybe he will move. But whatever is the case.

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<v Speaker 1>There are people who want the stability. They don't really

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<v Speaker 1>want the lure of going to something that is new,

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<v Speaker 1>something that pays well now, because they want something that

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<v Speaker 1>it's like bird in hand, right? You have the bird

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<v Speaker 1>in hand. Why do I want to shake my own foundation.

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<v Speaker 1>So you're right, I think maybe what Quin can do

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<v Speaker 1>is to think where is he at at this point

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<v Speaker 1>in his career. Does he need the stability or

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<v Speaker 1>Does he want to try something different? So move not

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<v Speaker 1>because it's like a spartan moment, but you know, do

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<v Speaker 1>it because he wants to. I mean, would you say

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<v Speaker 1>that would be your advice as a career counselor?

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<v Speaker 2>Exactly. I think when we take ownership of our own career,

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<v Speaker 2>we think for ourselves and not just rely on other

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<v Speaker 2>people and what they are doing. It puts the ownership

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<v Speaker 2>of career into our own hands and we are more

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<v Speaker 2>convinced and convicted, committed towards how we want our career

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<v Speaker 2>to move forward. I mean, just imagine, right, if today

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<v Speaker 2>Quin makes a move across and then he realizes that

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<v Speaker 2>actually the grass is not greener on the other side.

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<v Speaker 2>Then where do you put that blame? Do you blame

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<v Speaker 2>that because everybody went, so that's why I also followed

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<v Speaker 2>on and it's not working out for me, but it's

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<v Speaker 2>working out for everybody else. I think it's important to

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<v Speaker 2>think for yourself so that you have the ownership.

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<v Speaker 2>Good thing is work relationships can progress into friendships outside

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<v Speaker 2>of work. So the relationships that Queen, you built up

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<v Speaker 2>with your 14 other people on the team, it will

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<v Speaker 2>last past the companies that you are in, no matter

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<v Speaker 2>where you are at. So continue to build that into

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<v Speaker 2>a friendship, perhaps then you won't miss them that much.

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<v Speaker 1>Yeah, exactly.

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<v Speaker 1>Now, Quaint, I hope our conversation has given you some

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<v Speaker 1>clarity on what to do. Let us know what you decide.

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<v Speaker 1>We're really very curious. If like Quint you have a

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<v Speaker 1>work-related question, do write into us. We're at CNA podcasts

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<v Speaker 1>at Medcorp.com.sg. You can also find us on Spotify, Apple Podcasts,

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<v Speaker 1>and YouTube.

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<v Speaker 1>The team behind the Work It podcast is Christina Robert,

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<v Speaker 1>Joan Chan, Juani Johari and Sai Ye Win. Sound mixing

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<v Speaker 1>by Carrie Lim, video by Hanida Amin. I'm Gry and

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<v Speaker 1>I'm Tiffany. Here's wishing you a good work week ahead.