8 Key Factors to Consider While Switching Jobs

What is your current job like? Do you ever feel like there is no more scope for you there? Do you feel like you are living the same day over and over again without any job satisfaction? Is there room to grow in your current role or company? Are you being challenged enough? If you watch the clock every day, maybe it’s time to move on. We know how job change can seem like a big and scary decision- How can you leave a company after spending so many years in the same place? Well, sometimes the grass is really greener on the other side. Gone are the days when you have to stay at the same company throughout your career without knowing your true potential. Changing jobs is a significant life decision. A wise decision, however, can change everything, accelerate your trajectory, and lead you on the path of swift promotions, bonuses, and increments. 

Whatever the reason for you to consider switching jobs- a person may switch jobs to improve their career chances. Professionals may occasionally change jobs because their careers may reach a dead end in their current companies or because they may need help to reach their full potential in another setting or when they discover that the other organisation is providing better benefits and pay than they are now receiving. 

Almost all of us reach a moment in our life when we no longer have the desire to continue working at the same place and providing our services to it. This is known as the saturation point. Then, changing jobs appears to be the solution to all of our issues. We know it’s risky business but if you consider all the factors and then go for a job-switch then it can be a great decision! But, what factors to consider? Well, don’t worry we have got you covered! First, let’s look at the signs why you need a job switch!

Signs That You Need A Job Change!

• You don’t look forward to going to work. The very thought of going to work makes you feel worn out.
• Your personal life is being impacted by your high-stress levels. Your family and friends frequently advise you to look for a new job. It could be a smart idea to look for a new job if numerous people in your life are advising you to do so.
• Does your work performance seem to be slipping? Do you realise that your level of excitement for your work has substantially decreased and that there is unquestionably an opportunity for improvement?

• It is challenging to support your cost of living due to low wages. You should hunt for another job if your pay or wages are insufficient to cover your living expenses.
• Is the environment at work toxic? You might have a boss at some point in your career with whom you don’t really agree. It’s possible that you don’t enjoy working with your coworkers.
• If the thought of a new job makes your pulse beat a little quicker, you should probably listen to what your instinct is telling you and begin your job search.

If you relate to any of these then you do need a job change. After working somewhere for a while, changing jobs is common. The two most important factors for changing jobs across industries are believed to be growth and income. Here are the factors to consider!

Job Switch? What To Look Out For?

Here are some factors that you need to consider when you are changing jobs. Of Course these are just factors apart from salary since that is the one thing everyone will look out for. By all means, take into account how the new salary compares to the one you currently earn but that’s not it. 

1. Personal career objectives

Every person has various demands or expectations from a firm while changing jobs. Observe your priorities: is the pay package currently the most significant factor for you? Are you willing to forgo a high salary in exchange for a better work environment and more obligations?

Make a list of the criteria (other than income) that are most important to you, such as the ability to work without being micromanaged, the availability of benefits, the possibility of working from home, etc.

Look for businesses that meet your requirements and begin your study when the list has been selected. List the companies’ green and red indicators as well to narrow down the list of companies. The opportunity at hand might not be the best one for you if it has many positive aspects but falls short in the area that is most important to you.

2. Workplace environment

You work at your office five to six days a week for almost nine hours. Imagine working in a workplace where seniors lack empathy for their staff members or are continuously micromanaging every task. Can you imagine yourself working for such a company for a long time?

Do your homework and speak to the organisation’s staff. Job seekers can better understand the company’s culture and purpose and vision statements by reading the candid reviews and ratings that AmbitionBox offers from its staff.

Check to discover if the workplace is challenging and collaborative, as well as if you will be. If you’re having an in-person interview, pay attention to how the workplace seems and how people are behaving.

Is it silent or do you hear laughter? Do they employ a diverse workforce? Is there a rigid dress code, or are there fun initiatives like casual Fridays?

Determine your potential for progress and whether obtaining a higher degree or certification will provide you the chance to earn more.

3. Upward mobility at work

Consider how this decision might benefit your career and how it might affect your future. Consider whether there is room for growth while looking for a company where you can work for a number of years or longer. The likelihood that you will remain with the company and advance to a different position increases with the size of the business. 

 There are certain jobs with superior advancement prospects. Some offer chances to advance in your existing position. Some businesses provide money for seminars and certifications, or they provide free training. You might be able to make the best choice if you are aware of your job route. Finding out whether the potential company will commit to your growth 

4. Commuting time

The majority of cities have seen significant increases in travel time. Therefore, it’s critical to understand how much extra time will be required for travel. Travel time is not typically a concern for candidates when they start a new job because they are excited about the novelty of the evolving work categories. Long travel times, on the other hand, start to rank among the main causes of stress after the initial excitement wears off. Therefore, it is wise to think about this in advance.

5. Company’s Stability

Checking the financial stability of the new organisation is crucial before changing jobs. Gains that can change your life can come from working for an early-stage startup. On the other hand, bigger businesses could have excellent mentors who can teach you a lot. Nobody wants to start a job just to lose it a few months in. Before changing jobs, research the potential employer to discover if they’re in jeopardy of going out of business or being acquired.

6. Benefits offered

You should ask about the advantages a firm offers while trying to change careers in addition to the wage package.

Every employer has a varied vacation and leaves policy, as well as other perks like flexible scheduling, remote working options, and health benefits that make up for some disadvantages. Working for a company that values professional growth for its employees is advantageous.

It’s important to consider everything included in the bundle before deciding what will work best for you.

7. Job Satisfaction

Ask yourself if the job you are considering will give you the job satisfaction you deserve? Candidates who have never worked in shifts struggle to understand its effects. It’s crucial that candidates are aware of the difficulties involved in working in shifts and carry out a review to see if their ecology supports such work hours. A person’s entire comfort and fulfilment at work is reflected in their job satisfaction. There are some universal ideals for personal fulfilment, however it differs from individual to person.

8. Infrastructure

Believe it or not- infrastructure makes a difference! You can learn a lot about a workplace from images. Do you want to work for a company that has a depressing appearance? I don’t believe so.

Instead, you notice a posh office building with good security, a spotless cafeteria, spotless elevators, and exceptionally high levels of sanitation. Don’t you want to be a part of this fantastic company?

Leave At The Right Time!

If you are reading this right now, there is a high possibility that you have learnt everything you could have from your current job. If you are looking for a change now and new experiences then you need to learn to leave at the right time. 

When it’s time to leave your job, you may sometimes be able to put your finger on the indicators that it’s time to do so or you may not be able to. Embrace your gut feeling. Your own sense of unease or the fact that you’re no longer pleased or engaged can serve as sufficient justification.

If you need help with making this decision, looking out for other job opportunities, knowing your skills then Mentoria is your buddy! 

You can always take the Mentoria test to be absolutely sure that you’re walking down the right road towards self-discovery and success.