Deciding When It's Time for a New Job
In today's fast-paced job market, it's not uncommon for people to frequently evaluate whether it's time to move on from their current jobs and apply for new opportunities. There are several factors to consider when making this decision.
First, assess your current satisfaction at your job. Are you constantly bored, unchallenged, or feel that your skills are stagnating? Do you dread going to work each day? If so, it may be a sign that it's time to find a more fulfilling job. However, don't quit just because of temporary stress or one bad project. Look at the overall trajectory of your satisfaction and growth potential.
Next, consider if you've maximized your opportunities for advancement in your current role. Have candid conversations with your manager about vertical movement. Identify your aspirations and create a plan together. If, after several months, you don't see progress, then your upward mobility may truly be limited. Before applying elsewhere, also consider first attempting to resolve any issues at your current job. Honest discussions with your manager about your desires for growth, development, job satisfaction, and fair pay might create opportunities to work together to improve your situation without necessarily leaving.
Bonus: conversations like these help ease your resignation because they know you've tried making it work with them.
It's also important to take stock of your compensation and benefits. Research typical pay and perks for your role (ask us to do a compensation audit for roles you want). If you are dramatically underpaid despite great performance, it likely makes sense to switch jobs. Don't let an employer take advantage of your loyalty.
If, after thoughtful assessment, you decide it's time to move on, don't feel guilty. Job hopping is common and it can be a springboard for your dream career and life. The average worker stays in a job for about 4 years. Focus your energy on the exciting possibilities of a new and better job that helps advance your career. With the right opportunity, making a job change can truly pay off. Get in touch with Phil Guillen at PGAA Tax if you are on the hunt or considering it!
