Have you been in a situation where you desperately want to quit a job but you don’t quite have it in you to tell your employer? Well, the Japanese have figured out a solution to this problem. In Japan, all you have to do is call a proxy resignation service, tell them you want to quit and when you want to quit. They will take it from there i.e. they will call your employer and tell that you will no longer be coming to office and that the employer needs to expedite – switching to Indian parlance use – the “full & final settlement”.
The name of one of the more prominent proxy resignation service providers in Japan is Exit. However, this space, whilst uncrowded at present, is expect to see rapid new entry as in a labour starved market like Japan, it is really easy to quit a job you don’t like and get a new one. As the market for skilled labour tightens in India, this sort of service would work really well in India.
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Note: The above material is neither investment research, nor financial advice. Marcellus does not seek payment for or business from this publication in any shape or form. The information provided is intended for educational purposes only. Marcellus Investment Managers is regulated by the Securities and Exchange Board of India (SEBI) and is also an FME (Non-Retail) with the International Financial Services Centres Authority (IFSCA) as a provider of Portfolio Management Services. Additionally, Marcellus is also registered with US Securities and Exchange Commission (“US SEC”) as an Investment Advisor.
