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Job Change: When is a good time to change your employer

BY: Swati | Category: Others | Post Date: 2009-11-04
 



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Most private sector employees change their job every few years. Deciding whether its a good time to change or to even quit your job is a debate which everyone goes through. We live in a world where companies themself HIRE and FIRE employees at will, sometimes even without a proper notice. Therefore we need to be always prepared for a job change and keep our skills up to date.

Here are most common signs to watch for that will indicate that it may be a good time for a job change.

1. A LOWER SALARY:
End of the day, we all work for money. If your current employer has not increased your salary at par with the standard industry wage, its a good indication that your employer is getting a good deal by employing you. You on the other hand is the sole loser. Most people change job because they feel that they are being paid less and can make more money elsewhere.

2. BAD BOSS:
A crappy boss can really make your work life hell. This might include assigning you on unrealistic tasks or tough deadlines. He might have insulted in front of others, he micromanages your work or simply enforces his ideas on you like a dictator. He might have created a tough work environment just to satisfy his own ego or to make himself look better in the eyes of his own boss at your expense.

3. LESS RESPONSIBILITY:
If you have been assigned tasks which really carry no significant value or undermine your potential, it is a good time to tell your boss that you need something better to do. A more responsible job is a great job security and it is overall better for your own career down the road. If you feel that you are being under-utilized than your real capacity or do not have a key role in the group, look around for a new job.

4. BETTER OPPORTUNITIES:
You might be happy with your current job but you have been around just too long. Often, people do not realize that the work they do is in a great demand elsewhere and not only they can get better pay but also a better designation. One should always have his/her resume ready all the time. If you are satisfied with your current position, there is still no harm in keep looking for better opportunities.

5. OLD TECHNOLOGY / NO VALUE ADDITION:
More often that people realize, the kind of job they are doing has no future. They might already be working on an outdated technology, task or an equipment. Sooner or later it will go away. If your current job makes you work on things which is gradually making your own profile obsolete, it is a very high time to move to a different group or go ahead for a job change.

6. BAD COWORKERS:
Every place and good and bad coworkers, but some places seem to have an awfully lot of abusive and non-caring coworkers. These people might indulge in lot of office politics making your life miserable. Either talk to your boss and get it resolved or start looking for other workplaces which may have a better work environment.

7. LAYOFFS:
If your company is cutting positions which are identical to yours, you need to be extremely cautious. Instead of taking a deep breathe of relief after surviving a layoff and then comfortably settling back again, keep your eyes and ears open. If you think there is a possibility that your position is at a risk of elimination then start the process of changing your job .. RIGHT NOW !!

8. OUTSOURCING / SOMEONE WANTS TO SUDDENLY UNDERSTAND YOUR JOB:
Sometimes corporations realize that they are better off outsourcing a task (or a position or the entire group) than keeping employees on their own payroll. If you see that your company has started the process of outsourcing or transferring your knowledge to a different group, you should seriously reevaluate your future prospects with your current employer.

9. YOUR BENEFITS SUCK:
Besides your base salary, an employer is expected to provide other benefits like paid day-offs, health insurance, retirement benefits/401K, education reimbursement and a good working environment. Many employers try to save bucks by providing reduced benefits. These missing benefits cost employees indirectly. If comparable corporations are offering better benefits even with a similar base salary, it is indirectly a salary raise for you. Benefits other than the base salary are often a reason why people change their job.

10. BETTER OF BY OPENING UP YOUR OWN BUSINESS:
Many people get enough experience that if they were to open their own business, it might do wonders for them. Operating your own business is not an easy task but if you are well versed in a line of business for years, understand all in-and-outs of it, have the right attitude and have sufficient funds to start something of your own - well, it may be worth a try.

11. WON A LOTTERY:
Those lucky people who win lottery, actually stop working. WILL MY TURN EVER COME !!

12. TIME TO TAKE SOME RISK:
Most people who did very well in life actually took significant risks to reach that position. Not everyone tho takes risky tactics succeeds but if you have enough savings or your spouse has a stable job which will keep home expenses moving, then it may very well be worth thinking about taking some risk in life to move ahead much faster than you can do otherwise. This may mean taking a job offer which has more responsibility and better salary even though the job profile is somewhat different that what you have always done.

13. KIDS EDUCATION:
Many working parents change job because the region in which they are currently living does not have good schools and they feel that it is important to move to a region where the school district is much better.

14. COMMUTE NIGHTMARE:
For many of us, the time it takes to reach office from home may be too long, say 1 hour or more. So many people change their job because they are basically sick and tired of driving or commuting for hours in traffic. By taking a job which is closer not only saves them time but reduces their gas/petrol bill.

15. MONOTONOUS AND BORING JOB:
Some people get so frustrated by doing the same thing over and over again in their job that they change job just because they want to have some fun in life.

16. NO SIGN OF THE COMPANY'S DIRECTION:
If your company itself is not doing well or it has no plans on how to grow, that is a bad place to hang around too long.

So, are you ready for a job change .. Good Luck !!

Article Source: http://www.saching.com



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