People used to stay at one workplace for their entire lives. But now if we look around, there are hardly any employees in the private sector that take on a job and keep doing it till retirement. Switching jobs have become an essential part of a career due to its various benefits. And today, we are going to discuss when to change job.
Earlier switching from one job to another used to look bad on a resume. It showed the hiring manager that you can’t hold down a job, can’t get along with your colleagues, or that you’re simply disloyal and cannot commit to your organization.
However, this notion is quickly becoming outdated as the next generation takes on a job with the expectations to continuously learn, develop, and advance in their careers, unlike the previous generation that believed in spending their entire careers at a single company. This career experts believe that the minimum amount of time to stay at a job is approximately two to three years after that it’s time to change.
Today’s job market is competitive because the candidates are changing jobs to develop better skill sets and welcome new opportunities. And so there is no way you stick to your one job avoiding better opportunities. But then you might think about how frequently changing job is beneficial. Well, there are no specific criteria. What I feel is that once you think you have learned enough or the organization is playing no role in your self-development, I guess it’s the right time to switch jobs. You might still not be able to figure out, so read on the following to know more.
How Often Should You Change Jobs, and Why?
According to recent research, employees who stick with a certain company longer than two years usually get paid 50% less than their competitors, whereas the “job hoppers” are believed to have a higher learning curve, are better performers, and more loyal than their competitors.
Reasons to Change Jobs Every 2 Years to Keep Your Career Moving Forward:
- When there is no room for growth and advancement in your company, it’s time to move on! Changing jobs will push you out of your comfort zone, and you will be forced to learn new skills, new systems, routines, and present you with new challenges.
- Changing jobs offers you new career prospects. It gives you a chance to explore a professional world outside your former company and take your career to a whole new level.
- Changing jobs also bring with it financial benefits because the different company offers different salary depending on various responsibilities that add up. And also, when you’re applying for a job, you’re negotiating your salary from a position of strength. The average raise an employee receives for leaving is between a 10%-20% increase in salary. Usually, there are cases where they get even more because their compensation was already in the “underpay” category.
- It also gives you a chance to have a better social life. You can finally bid adieu to your toxic workplace, and it will provide you with a chance to meet and interact with new people. New colleagues will teach you new things, and it will help you build new relationships.
- Job hunting is a great learning experience in itself. It will reveal to you your true market value and will help you brand yourself better.
If you’re wondering when it is the right time to switch jobs, here are few signs that tell you to let go:
- If you feel stagnant in your career and see no growth and progress, even in the future, it’s time to move ahead. If you’ve been passed over for a promotion and the company is too small to offer career advancement. There’s no point in staying with a company where there is no longer a career ladder to climb.
- If you feel too much pressure and are overworked, it is time to slow down. You may not realize it now, but too much stress will lead to severe physical and mental health complications, and no job is worth staying for that.
- If you don’t agree with the Company Culture anymore, it’s time to bid farewell. It would help if you did not compromise with your morals and principles and your self-respect by working in a negative environment.
- If you feel your skills are not being utilized properly, you should go and find work that demands the skills of what you have been educated in.
If you are going through something similar, as mentioned above, it surely is the time to switch jobs.
Now that you know a lot of reasons why switching jobs are an important part of your career, you really need to know when is the right time to do so. You simply can’t leave your job because you want a new one. The right time to leave your job is once you get a good offer that you can’t resist and is better than the current job. Also, there are certain things you need to acknowledge the other organization before you decide to step out of your current workforce.
We know so many reasons why we need a job change and when to switch jobs, but there are certain things you don’t need to change job for.
When Not to Change the Job?
The most important changing job advice I want to give you is that you don’t switch jobs simply to escape a current job or industry. Yes, you can take advantage of an opportunity that you know will take you ahead in your career instead of simply running away from a situation. Therefore, research well about all the pros and cons before making a decision.
Money matters. But do not get tempted by only looking at the top-line salary. Many hidden things can eat a large chunk of your compensation, and you may end up saving less money in the long run.
Things don’t always happen on our ideal timeline. So be patient and persistent. Reevaluate the work you’ve done and, if needed, reach out to the people you trust to get feedback.
It would help if you also had a valid reason before you plan to switch a job. Your next interviewer might ask you the reason for it, and giving a lame reason can be a harm to your personality.
Always remember that you are in charge of your career, and your decision to change a job is your personal one. So you do not need to overthink that. As long as you feel that leaving an ongoing job to search a new one is all you need to boost your career, you are doing the right thing. The only thing you need to remember is that you need to be consistent in anything and everything you do. So all the best and take the leap of faith and keep moving forward.