Recently someone asked me if I thought they should begin looking for a new job. Although it is difficult to determine if anyone should change jobs, I asked them to consider six aspects to their current position that should help to guide them towards a decision:
- Is your salary and bonus package sufficient? Does it pay you fairly for what you do in relation to the market? Do you earn enough to meet your financial needs?
- Do you have a significant equity stake in the company, options or stock, which will realistically translate into a significant financial gain that you can’t walk away from?
- Are there other financial aspects that tie you to the company? For example, a great pension plan, or a benefits plan that you or your family need.
- Are you developing new skills and learning new things that will increase your future employability?
- Are you challenged by your work, such that you feel accomplishment in your day-to-day work?
- Are there any intrinsic benefits to your current career position? Working with the less fortunate, for example, provides rewards that go far beyond those of a financial nature.
The decision to make a change in career is never easy, but these guideposts should help.
Ryck Marciniak (Guest Blogger)