When you are not performing at your job or if the company no longer needs you, you may be asked to resign. It can come down, unfortunately, to being asked to resign versus being fired.
What should you do if you are asked to resign? Is it better to resign and leave with a resignation on your resume or should you hold out and wait to be terminated?
There are several factors that come into play when you resign including eligibility for unemployment compensation, employee benefits, references, severance pay, what you can say in job interviews, and how the company describes your termination to prospective employers.
Here's what you need to consider if you are asked to resign.
Image Copyright Alison Doyle