I am submitting my letter of resignation to my employer of 10 years today, to accept a position at a competitor company. Not sure if it matters, but my company is headquartered in CA, but I work remote in DE.
I signed a document in 2011 (I was required to, or faced termination
) that indicated "either party wish to terminate the employment relationship, a minimum of 3 months notice must be provided by the terminating party."
At that time, I contacted a lawyer thru this site, and was advised that this document wasn't actually a legally binding contract, as there was no end date? If I understood correctly, it was instead a term of employment, and that as an at-will employee, I could accept that or leave. My question now is how enforceable is that? I would like to end my employment in mid-Sept, giving 6-7 weeks notice, but am being told by my manager that I am required to stay thru the end of Oct. This seems excessive.
My new employer is willing to be flexible with my start date, but indicated that I needed to begin before the start of Q4 (Sept 30) to qualify for a pro-rated year end bonus.
I want to exit professionally, but think that a 3 month notice for a bi-weekly paid position is pretty demanding. Do I have any options?