Should I Quit My Job? I0 Signs It's Time To Change Jobs | MoneyNuggets (2024)

Should I quit my job?

Ever find yourself awake at 4am, dreading the working day ahead? We’ve all been there but if this is you every day you may be in need of a change.

The average time spent in a job is 4.6 years, with women staying 2.1 years longer than men. Interestingly, married mothers are the group most likely to linger longest, citing family-friendly policies and flexible hours as the main reasons for staying put.

It’s hard to think about greener grass when you have to pay the bills and, you know, eat. So change can be risky in the present climate, especially if you’re paying off debts.

But what if it can also liberate you from a job you hate? That might be a risk worth taking.

Should I Quit My Job? 10 Signs You Should Quit

So how do you know if it’s time to move on to pastures new? Here are ten telltale signs…

1. You’re Undervalued

You’ve worked really hard to hone a plethora of skills yet they don’t fit the job. Maybe you need a job where you can use your core skills. Remember, if you don’t use it, you lose it.

2. You’re Going Nowhere

The people above you look like they are never going to leave and there’s no hope of promotion. Or are you being passed over in favour of your male colleagues?

Perhaps you need to challenge your company or have your talent tapped in a more progressive environment.

As Anita Roddick, founder of the Body Shop, once famously said: “No company can afford to waste valuable brain power simply because it is wearing a bra.”

3. You’re Bored Out of Your Brain

Even CEOs get bored. Sherry Lansing, former CEO of Paramount Pictures told the Wall Street Journal that she felt the job had become ‘routine.’ If you can do your job standing on your head and there’s nothing else to learn, it’s time for a new challenge.

4. You’re Stressed Out

Should I quit my job when I stressed at work? Are you tired all the time? Constantly under the weather?

According to a report by the Chartered Institute of Personnel and Development, stress has become the most common reason for workers in Britain to be signed off sick. The condition is so widespread it has been dubbed the ‘21st Black Death.’

The most common causes of stress are heavy workloads, the management style of a boss and frequent restructuring. If stress is affecting your health, you need to ask yourself: Is the job worth it?

5. You’re On a Sinking Ship

Have you noticed you’ve been to quite a few leaving parties recently? Have people started to leave in droves? Maybe your company is not stable. If it’s going down: jump ship.

6. You’re Paid Peanuts

Your workload has increased but your pay packet hasn’t. You’re just scraping by with no hope of a pay rise.

There may be other better paid jobs that match your skills. No harm in raising your head above the parapet and having a look around…

7. You’re Paid Too Much

Should I quit my job when I am well paid? Not much of a problem you may think.But if you’re on a whopping salary and you hate your job, you may be stagnating in that pair of golden handcuffs.

Even if you take a substantial pay cut, moving could mean doing a job you actually enjoy.

8. You Don’t Have a Life

You hardly see your family and friends and haven’t had a holiday in years. Even when you aren’t at work you’re thinking about it.

A new job with fewer hours may help you create more balance in your life. After all, no one ever said: ‘I wish I had worked harder’ on their deathbed.

Related:The Truth about the Work-Life Balance

9. You Don’t Get On with Your Boss

Should I quit my job because I hate my boss? Maybe your boss is a bully, ineffectual or lazy. Are they stopping you from reaching your full potential? Getting on with colleagues is fundamental to enjoying your job so find a team who appreciate you.

10. You Moan About Your Job. A lot.

Your friends have started to switch off when you start moaning about your job. Check your moan quota – is it higher than usual? This is one of the most common signs you should quit your job if you are still unsure.

Lastly, consider this:

The average person spends 90,000 hours at work during their life time. Yes, that’s ten continuous years. So your job has be right for you.

As JFK said: “For time and the world do not stand still. Change is the law of life. And those who look only to the past or the present are certain to miss the future.”

Your Turn…

What do you think? Have you ever quit a job or felt like quitting? You can leave a comment below. We’d love to hear from you!

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Should I Quit My Job? I0 Signs It's Time To Change Jobs | MoneyNuggets (2024)

FAQs

Is it worth changing jobs for money? ›

In pre-pandemic 2019 and 2020, you could score around a 10% pay increase by changing jobs, according to a 2023 Bank of America report. Then, as the "Great Resignation" tightened the labor market and put workers in high demand starting in 2021, companies paid a premium; job-switching could mean around 20% higher pay.

Should I leave a job I just started for more money? ›

If the offer includes a higher salary than what you can hope to make at your new job, it's a valid reason to leave. More advancement opportunities: Just as important as a higher salary is the opportunity to grow with a company.

How do I know it's time to quit my job? ›

It may be time to quit your job when you're no longer motivated to complete your daily tasks, feel overworked or burnt out, or want to move beyond your current position into a more advanced one. These are a few signs that it may be time to quit your job and get a better one that more effectively meets your needs.

Should you stay at a job just for the money? ›

Don't do it. “While taking a job that has a high salary may sound like it will improve [your] overall quality of life, it actually may do the opposite if you don't love what you're doing,” says Freudenberg.

What salary increase is worth switching jobs? ›

How much should your income increase when changing jobs? A good compensation boost when changing employment is often between 10 and 20%. Don't be scared to request a raise that is similar to the 14.8% national average.

How long should you stay at a job before switching? ›

Try to stay at a role for at least one to three years to show employers you can commit to a position long-term. Having several roles listed on your work experience may look more impressive to hiring managers if they're spread throughout a few years.

How much money should I have before I quit? ›

This fund serves as a safety net, covering unforeseen expenses like medical emergencies or unexpected job market challenges. Finally, many financial advisors suggest having at least six months to a year's worth of living expenses saved before leaving a job.

How to respectfully quit a job you just started? ›

How to Quit a Job You Just Started
  1. Prepare for your exit, which includes managing your money. ...
  2. Manage the transition by communicating with the right people. ...
  3. Show courtesy to set the tone of your relationship with this employer. ...
  4. Maintain professional ties with the company even after you've moved on.
Jan 9, 2024

Does leaving a job early look bad? ›

Leaving a job before you've been there for an entire year almost always looks bad on your resume. Great resumes also don't show several years spent bouncing from job to job. It might be worthwhile to wait things out and look elsewhere once your resume is better padded.

Should I quit my job if I am unhappy? ›

“When you're constantly stressed and burned out, when it's having a detrimental effect on your health mentally, emotionally, and/or physically, and you just can't keep going to work, it's likely time to speak with your healthcare provider. It may be time to quit if it's not an issue of a transient nature.

What month is best to resign? ›

Let's go through all the important aspects of the time you need to take into consideration: Best month to resign – if you can, you should choose December, as that's when most employees choose to leave their job, and there will be plenty of open positions for you to choose from, and find a new position in no time.

How soon is too soon to quit? ›

Leaving a job shortly after you've started can be a red flag to future employers. Most professionals believe you should stay at a job for a minimum of one year to show some level of commitment before moving on.

Are high paying jobs worth the stress? ›

In essence, while the allure of a high salary in a high-stress job is undeniable, the long-term benefits of a less stressful position—better health, improved relationships, and sustained career growth—present a compelling case for considering such a transition.

Should I take a lower paying job to be happier? ›

Some 40% of job-switchers who took lower-paying jobs from late 2020 through 2022 said their new roles were better, The Wall Street Journal reports, and a separate study showed a greater shift toward finding employers with aligning values and better work-life balance.

Is 10k more a year worth it? ›

A $10,000 raise is worth much more

A $10k raise now is worth over $500k, HALF A MILLION DOLLARS, in career earnings if you're working for 30 more years. That figure accounts for inflation, but that's it. Earning more now makes it easier to land a higher paying job.

Is money more important than job? ›

As you may have guessed, there is no “right” answer to this question. Ultimately, it comes down to your unique and personal short-term and long-term needs and goals and your current circ*mstances. Obviously there are more factors to consider than just money or job satisfaction when choosing a job or career path.

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