Wednesday, December 5, 2018

I Changed Job Again :: Pros and Cons Of Changing Jobs

Some of you might still remember, I accepted a new job offer this past July. It was a huge change for me as I was with the previous company for 9 years. I had every intention of staying with the company long-term. However, after a month, I knew this job wasn't for me. I put in my 2 weeks notice, said goodbye to my coworkers last Friday and will be starting a new position very soon. I am taking a break between jobs to enjoy the holidays. I won't go into details as why because it's not important. I always strive to create happiness in every aspect of life. Being a full time working parent, my career plays an important part of my life. You don't have to love what you do but you have to at least enjoy going to work everyday. We typically spend 8-10 hours a day in the office and if you're not happy, you're doing something wrong. Today I am sharing a few pros and cons of switching jobs (solely based on my experience). On a different note, these photos have nothing to do with this post (lol). I have no new photos so these will have to do. If you like the dress, it's on major sale here

1. You can move up in salary a lot quicker - This was my number one reason for switching jobs. I mentioned briefly here that I try my best to maintain a good work-life balance. I know high paying jobs come with a huge amount of responsibility and long work hours (my husband is a prime example of that). I chose to have an easy job when my kids were still young. Now that they're older, I am ready to take on new challenges. If you have a traditional corporate job, you know you can't really do a lot with the annual salary increase (between 3-5%). The fastest way to make a salary bump is switching jobs. Between 2 switches, I made a $40K salary increase. I am not bragging. I just want you to know it's totally doable. Don't be afraid to negotiate. The worst thing they can say is no. If you live in a high cost of living city, a $40K increase may not seem like a lot. However, I can live comfortably earning a six-figure income where I live. Even though money is important, you shouldn't switch jobs just because you want more money.
2. You can broaden your knowledge and expertise tremendously - This is the second reason why I switched jobs in the first place. There wasn't room for me to advance my career. I had so much free time on my hands. Working for a new company opens up a new set of knowledge and skills. My days went by so fast and definitely, no time for blogging at work =)
3. You get to decide what to do with your 401(K) - You have the option to roll over your 401(K) account to an IRA when switching jobs. You don't have to but that's what I did. Traditional 401(K) plans are employer sponsored. Because of that, the investment choices are very limited. A traditional IRA has way more investment options and if you invest wisely, your 401(K) can grow a lot quicker. However, it's only available when you're switching jobs.
4. You get to know a whole new group of coworkers - Having friends at work is important. I met some of the most amazing people through work. Even though we're no longer co-workers, we're still great friends.

1. You have to prove yourself all over again - One major downside to changing jobs is that you have to start over again. It can be overwhelming. But please keep in mind, nobody expects you to know everything. Take a deep breath, be yourself and focus on making progress towards small goals.
2. Your confidence level will go down - It was hard for me going from a go-to person to a newbie. For the first few weeks of my new job, I felt really dumb asking questions. If you know me, you know I don't like asking questions. I had no choice but started forcing myself out of my comfort zone. Slowly but surely the fear of being a newbie began to subside.
3. It takes sometimes to build the connection and trust - Just like any relationship, it takes a good amount of time to build a great working relationship with your boss/colleagues. Relationship building can be hard especially if you're new to the team. If you feel like you don't fit in, don't take it personally. After all, your coworkers had established connections month (even years) prior. Give them sometimes to get to know you better.

Did you know nearly 3/4 of Americans are unhappy at work? At the end of the day, life is too short to be unhappy Monday through Friday. I am hopeful and excited for the new opportunity. 

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