I am serving a notice period after resigning from my present job. I submitted a resignation letter to HR, who accepted it. I like my current place, but the reason for changing jobs is purely economic. My new employer has more than doubled my salary (my current salary + 110%).
I am trying to leave on good terms. I have given a notice of 90 days, so that we can conclude the most imminent steps of our projects. I am helping to hire a replacement.
However, it is becoming clearer that finding someone with my skills any time soon could take much longer than 90 days, most likely one year. In this timeframe, some projects may not survive. While they all appreciate my availability, frustration for the upcoming difficulties is expected.
To sum it up, I am feeling guilty of leaving my team in a worse situation than I was expecting. My 90-day notice is not long enough to have a proper and smooth transition.
On top of that, my wife is not so enthusiastic about relocating, which doesn’t help at all.
This is why I am considering to try and retract my resignation. Prolonging the notice period will not be an option, as my next employer cannot probably wait that long. Retracting would save my company from the pain they are going through, and I am sure enough my prospective employer has other candidates in case I decline their offer.
If I stay where I am now, I will forego a much higher salary in the short term, but I am sure I will be able to get some similar salary in 6/7 years or so.
The question is: is it a good idea at all? How would I retract my resignation?