Factors to consider when thinking about switching jobs

When it comes to deciding if it’s time to quit your job, it’s not a decision that is made lightly with the fear of the unknown. You are not alone as many people that are in a similar position. Here are some common signs that may indicate it’s time for you to leave your current job, and whether it’s the right move.


You work in a toxic environment

If you find yourself already feeling drained with just the thought of going into work, you may be in a toxic work environment. Your colleagues or even members of management speak negatively about other teammates regularly, spreading rumors, or you’re being ignored are just a few signs. This type of work environment can hinder you from reaching your full potential. Do not shy away from the situation and make sure you speak with your manager to see if it is possible for things to change. While you’re waiting to see these changes, start your search to get out of that situation if nothing happens.


You spot signs of job insecurity

This may not come as much of a surprise during this time, but if you’re noticing that your job may be in jeopardy, start applying for new opportunities sooner rather than later! You may notice you’re not receiving as many tasks or projects as before, or you’re being excluded from meetings. Your once friendly boss may have a complete change of personality due to the stress that is coming from the top down. Other more obvious signs would be seeing your colleagues being laid off, you’ve been demoted, or you’ve received multiple negative performance reviews. Start evaluating the situation early and figure out your exit strategy before you’re out of a job.


There are no opportunities for growth

Think about your long-term goals and if you don’t see much room for growth where you’re currently at, it may be time to find a position that can get you there. Look into a company and the people that work there on LinkedIn to see any sort of progression. Company size is another factor. Where larger companies give more defined responsibilities and flexibility to move around the company, smaller companies offer you the chance to take on a wider range of responsibilities to build your experience. You must decide what’s important to you at this stage of your career.


You are being underpaid

While money is not the only reason to stay or leave your job, if you feel you are not fairly compensated for your efforts and accomplishments, it may be time for a change. Furthermore, if it is uncommon to get raises at that company and you know that you’re below market rate for the experience and the work that you do, it may be time to find a company that will value you. But before you storm into your manager’s office with an ultimatum, consider whether the company you’re at is a good company and if you enjoy working with the people because enjoying what you do is just as important. Simply leaving for a few thousand dollars more without knowing much about a new company, you may end up in a bad work culture, no work-life balance, or you may not get along with the new team.

Just remember, quitting your job isn’t something you need to be ashamed of. We spend a lot of our time each day at our jobs and you should be enjoying what you do and the people and company that you’re working with. You should put in the time to consider all factors bringing you to decision and know that there will be risks involved whether you decide to stay put or to jump into a new situation.


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