Quitting your job might seem like the easy way out, but it’s a pretty big decision. You need to weigh the pros and cons of quitting before you take any action. There is no easy answer when it comes to the question of whether or not you should quit your job before finding a new one.
On one hand, quitting your job without having another lined up could be a huge risk; on the other hand, staying in a job you hate can be even riskier. So, what’s the right move?
Here are some questions to ask yourself to help you decide if quitting is the right choice for you:
Are you unhappy at work?
Whether or not you are happy at your current job should be a major factor in your decision to quit. A toxic work environment that is counterproductive to your mental health and physical health is all it takes to give many people the push they need to start searching for a new job.
If you’ve been feeling stressed or anxious, if you dread going into work, or if you’re constantly counting down the hours until the end of your shift, it may be time to start looking for a new job.
Have you already started a job search?
Whether or not you have already started looking for a new job should be taken into consideration. If you haven’t started searching yet, you may want to hold off on quitting until you have at least a few prospects lined up. On the other hand, if you’ve been actively job hunting for a while with no luck, it might be time to make a change.
Most job seekers quit a job before having another job lined up. If you have already started a job search and feel confident in your ability to find a new role quickly, then it may be time to move on.
If you don’t have another job lined up, then it’s important to do your research and make sure you can afford to leave your current position. It is recommended by economists that you should have at least three months of living expenses saved up in case you need to take some time off between jobs.
Can you afford to quit before your job search?
While it’s always best to have a financial cushion, sometimes you have to weigh your options before you pursue a change in employment. If you’re in a financially secure position, you may be able to afford to take a pay cut or take some time off between jobs and wait out the search process. On the other hand, if you’re struggling to make ends meet, quitting your job may not be the best option.
Only you can decide if you can afford to leave your current position. If you’re unsure, it’s always best to speak with a financial advisor to get an expert opinion.
What are the pros and cons of quitting your job before finding a new one?
One of the best ways to make the right decision is to focus on making a list of pros and cons to quitting your job before finding a new one. Here are a few key points to consider:
Pros to quitting your current job first
Here are some valid reasons for quitting your job before finding a new one:
- You’ll have more time to look for a job that’s the right fit. Quitting your job may give you the extra time you need to find a new position that’s a better fit for you. When you’re employed, it can be difficult to dedicate the necessary time to your job search. If you quit your current position, you’ll be able to devote all your energy to finding a new role.
- Mental health and stress management is important. If you’re in a difficult or toxic work environment, quitting may improve your mental health and overall well-being.
- You can’t afford not to. You may be able to negotiate a better salary or package at your new job if you’re already employed elsewhere. In fact, according to studies people who switch their careers more often tend to earn more money.
Of course, there are also some drawbacks to quitting your job before finding a new one. You may have a difficult time paying your bills if you don’t have another source of income lined up. Additionally, leaving without notice can damage your professional reputation. If you’re considering quitting your job, weigh the pros and
Cons to leaving your job before finding a new career
Here are some of the negative aspects of quitting your job before finding another one:
- You can’t afford to do it. You may have a difficult time paying your bills if you don’t have another source of income lined up. It is best to line up another job before quitting.
- You may struggle with anxiety and depression. Quitting your job without having anything lined up can be very stressful. This can lead to anxiety and depression.
- Leaving without notice can damage your professional reputation. If you quit your job without notice, it could damage your reputation in the professional world and damage your networking. Your employer could blacklist you from future opportunities. This could make it difficult to find a new job or career in the future.
Now that you’ve read the pros and cons of quitting your job before finding a new one, should you quit? Only you can make the right decision for what you need in your life. If you have a good reason to leave and another job lined up, then it may be the right decision for you. However, if you don’t have another job lined up, quitting without notice could damage your professional reputation.
What will be different at a new job?
When considering a job hunt, what’s going to be different with one job over the next job you choose? If you’re simply looking for a change of scenery, a new job may not be the answer. You should also take into account the work you’ll be doing. Are you looking for a job that’s in the same field? Will you have the same responsibilities?
Work is work and you may find that you’re just as unhappy at your new job as you were at your old one. If you’re looking for more money, better hours, or more responsibility, those are valid reasons to look for a new job.
Will changing jobs benefit you?
Health insurance is something prospective employers are trying to offer more of these days, but it’s not always a given. If you’re currently on your parents’ insurance plan, this may be something to consider before quitting your job. The same can be said about other benefits like dental and vision plans, as well as a 401k.
Balancing your professional life isn’t always easy, especially if you don’t have much free time and work multiple jobs. If you’re thinking about quitting your job, make sure you have a solid plan in place.
Does your current job value you?
Hiring managers have a stigma attached to them that they just want to see how much work they can get out of their employees for the least amount of money. Unfortunately, this is true for some companies but not all. If you feel like your company or boss doesn’t value you, it may be time to move on.
Talk to your current employer about what your job offer would entail if you were given one and be honest about your expectations with how they’ve been met or fallen short. Sometimes having an honest discussion is something employers will appreciate rather than filling new roles when you explain your concerns.
When’s the last time you went on job interviews?
According to numerous studies, people who search for new jobs and change careers often are significantly more likely to make more money in life and be happier than those who don’t. Going to job interviews is a great way to find the next role or see if a career change makes sense.
If you’re not happy with your current employer, your potential employer will likely sense it during the interview process. It’s important, to be honest with yourself and your interviewer about why you’re looking for a new opportunity and not bash your current job.
Do It For The Right Reasons
We all have our reasons for why we accept a new career, like more money for example. If it didn’t pay, we probably wouldn’t do it. Maybe you have others that depend on you to support them and a new career or job search can help with that.
It’s not always about the money though. Sometimes it’s about the hours, maybe you hate your commute, or you want to learn new things and feel like you’re in a rut. If you’re looking for valid reasons to start a new career, it’s probably time to make the transition – your happiness should be your number one priority!
Find a New Career at Finding Careers
Aside from being financially prepared if you’re recently unemployed after you quit a job, finding a new position can be stressful, but it doesn’t have to be. With our Finding Careers website, we give you audience insights on employers that are looking for employees making a transition in their careers.
New jobs may require new skills and qualifications so it’s important to do some research and identify what you need before quitting. We have hundreds of articles and comprehensive guides to help make the job search process more efficient and find new opportunities quickly or the best advice for landing your next job with no experience.