• EXECUTIVE PROGRAMME IN INVESTMENT BANKING AND CAPITAL MARKETS
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  • POSTGRADUATE PROGRAM IN BANKING AND FINANCE
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    4.4 out of 5 by 349 learners
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  • MBA (Distance) in Banking and Finance with NGASCE
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  • Post Graduate Program in Banking and Credit Underwriting
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7 Factors To Consider While Switching Jobs

Is quitting your job the first thing that comes to your mind as soon as you wake up? Is the month-on-month paycheck the only thing you look forward to? While certain statistics say about 85% of people actually dislike their jobs, your scenario might slightly differ if you like to work but dislike your job. Honestly, the decision of whether to make a job switch or not can often be quite overwhelming and taxing.

Here is a lowdown of the seven factors you should contemplate before you take the leap or decide to stay put.

1| Think why do you want to change your job

Before you make up your mind to quit, take a deep breath and think of all the reasons that interest you in the new job opportunity. Are you looking for a quick fix and heading for the first exit that props up in front of you? Weight your current career goals with the prospects you have in hand, and see where you stand. If you feel that the new job shoot your career trajectory upwards from where your end goal is visible, go for it.

2| Consider if your new job offers better career growth

Every person’s ideal job situation is to work for a company which stimulates their personal growth, lets them hone their own skills while they simultaneously contribute to the overall growth of the organization and business. Sharpen your strategies and compare your present organization with the potential job offer. Always think long-term; while the salary holds importance, it is also essential to judge personal development and potential for paving an advanced career path in the future.

3| Judge your work environment

A great designation, a swanky office or a buzzing cafeteria may not be the right way to judge the work environment of the company. After your interview is done, try taking a quick tour of the office premises; figure out if most employees around you look content and happy or appear exhausted and stressed. If the overall happiness quotient seems high and people are friendly, it might be a good environment to work in.

4| Look at the location and figure out the commute

As unimportant as it might seem initially, long commutes are known to be effective mood-spoilers! Imagine taking a crowded metro ride first thing in the morning and then changing two other modes of commute to get to your destination. Not to mention traveling in the scorching summer heat. Sounds exhaustive, doesn’t it? Think over factors like available commutes and rush-hour traffic before taking a call.

5| What is the pay like

The comparison between your current salary and the pay you are being offered at your new job is perhaps the most important thing to consider before you make up your mind. However, it is also good to have a set expectation based on your geographical location and current position in the company. Start off with initial research and find out how much other people in the same professional arena are generally paid.

6| Think if the total compensation package is beneficial for you

You may be offered a very attractive salary at your prospective employers’; however, pause and think about the overall benefits you are being offered. Better bonuses, flexible schedules, more vacation time, pick-up and drop options if available, an ample provident fund contribution or an attractive health insurance offer, go a long way in keeping an employee happy and satisfied. Weight your entire compensation package instead of merely focusing on your salary.

7| If the job role is challenging enough and will let you grow

A change of job role is an important milestone in your career development plan. What is important to understand is, if it will keep you on the tip of your toes and push you to take up more challenges that will only enhance your career. Does it offer you leadership opportunities and voice your challenges or concerns in front of the management? Will your projects be rewarding enough to work on? Make sure these questions are answered in your mind and out loud by the hiring manager before you come to a decision.

Changing jobs come with a whole new set of risks. However, if you have thoroughly researched your and analyzed your prospects, then go ahead, trust your gut and take that leap with switch fast career. 

For more details, you can directly visit: Imarticus Learning and can drop your query by submitting the form on the website or can contact us through the Live Chat Support system or can even visit one of our training centers based in - Mumbai, Thane, Pune, Chennai, Bangalore, Hyderabad, Delhi and Gurgaon.

 

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About Imarticus
Imarticus Learning is India’s leading professional education institute that offers training in Financial Services, Data Analytics & Technology. We’ve successfully transformed careers of over 35,000+ individuals globally through our Certification, Prodegree, and Post Graduate programs offered in association with leading and renowned global organisations in the Financial Services, Data Analytics & Technology domain.
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