Quitting A Job In This Economy? Not Without A Solid Plan!
Staying longer than necessary can do more harm than good.
There’s a series of tweets saying “If you have a job, don’t leave because the economy is really bad.”
Yes, I agree that you shouldn’t just up and leave off of emotion. The issue with these tweets is oversimplifying the nuances of those employed.
While the job market is a dumpster fire — at least in the tech space, there are several important factors to consider before making a decision to switch jobs or stay put:
1. Better Opportunities: Even in a tough job market, there may be better opportunities available in terms of more money, career growth, work-life balance, or a better cultural fit. The best time to look for a job is when you’re already employed instead of when you aren’t.
2. Mental Health and Work Environment: If their current job is taking a huge toll on their mental health, or they’re in a toxic work environment, it may be best to leave regardless of the job market. It’s better to be leave and search than to develop health problems due to stress.
3. Career Growth: Sometimes, staying in the same role for too long can stunt professional growth and development. Exploring new opportunities, even in a challenging market, may be needed to achieve new career goals.
4. Financial Considerations: We all work for money. While there are some who do enjoy their job, most people are there as a means to an end. It’s the only reason people are staying at their job they don’t like. In this case, the goal of making more money is a valid reason to start exploring a new career. As inflation rises, so should your paycheck.
The key is to be strategic and cautious with jumping ship. In a time when people are rescinding job offers, it’s better to get that official start date and actually be clocked in before leaving the old job — as crazy as that may seem. This mitigates the risk of being unemployed during a difficult job market.
Also, evaluating the pros and cons of any potential move, and weighing factors like work-life balance, company culture, and career growth is key to deciding whether to stay or go.
While the job market is tough, advising people to stay put no matter what is short-sighted. Everyone has different circumstances, and a well-planned transition can be the best course of action.
