I was recently in the same situation.
In my case, I let my employer know that I was in the final stages of interviews and was expecting to get an offer soon.
Then, when the offer happened, I put in my 2 weeks.
But this was because of my individual situation.
I was in a role where I needed to finish up some projects to leave fairly. Telling my employer in advance gave them a heads-up that I needed to prioritize that project work.
I was also in a role where I mentored others and needed them to transition to other people so they could have a smooth transition.
For that reason, the more notice I could give, the better and I felt comfortable that if a job did not come through, I would be okay staying until the next one did.
But, the big 'if' there is how your employer will react. As soon as you announce -- even a soft announce -- you are a lame duck employee and that changes your relationship with everyone.
A mature employer will be happy for the heads-up, but not all will be.
As mercenary as it sounds, in this situation, do what is best for you.
If you are like me and feel 100% safe or have responsibilities that may require more than a 2-week transition, you can give them a heads-up and let them know you are likely leaving.
But, if there is even one inkling in your gut that your employer may not respond well, wait until you get that background check back.
Your employers is ALWAYS working in their own self-interest, and in this case, you need to operate in yours.
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