Published By: Orna Ghosh

What are the disadvantages of quitting a job?

Is there any right time to switch jobs?

One fine day, you might type your resignation and click send because you realize that your employer expects you to compromise your ethics to work there or you received a better pay offer. However, switching careers or jobs can be one of the most terrifying yet liberating choices. Do you know nearly 37.5% of employees think about quitting their job or are planning to switch careers? 

When we look for reasons behind such statistics, we learn that companies offer additional perks and higher offerings to attract new talents. Similarly, workers might face issues like a toxic work environment, unappreciative culture, pay inequity, work-life imbalance, etc. Also, the opportunity to work from anywhere adds numbers to the employee's quitting record every year. 

But there are points that you need to consider before you type your resignation letter. 

Quitting your job comes with the disadvantage of loss of income. As we already know, a hike in pay is one of the primary reasons for a job change. Therefore, you brainstorm all the hidden expenses before balancing them against the benefits. 

Before dropping a resignation at HR's desk, you need to consider your networking opportunities. Heard about sponsorship? A sponsor values your hard work and has the power in your organization to vouch for you. Therefore, you must nurture networking opportunities to maintain professional contacts after severance. 

You might lose your chance of unforeseen opportunities if you quit your organization. Organizations tend to shuffle when the leading employees depart. It creates opportunities for all to take on new responsibilities and develop a skill set. Therefore, this could be your chance to take up a new job role and grow within the organization.

Take up this opportunity to negotiate to better your current situation. Most employees have unprecedented advantages in discussing growth opportunities, work-life balance, coaching support, flexibility at the workplace, etc. You can approach in a friendly yet conversational discussion with your manager. By the end of the discussion, you should have a handful of data about your performance to make it easy for them to pitch. 

Ask yourself if you are ready to quit already!

 There's a slight difference between being prepared to leave your present job and switching to the next one. Ask yourself about the reason for you to leave the job. Is it because you deserve a better paycheck, recognition, appreciation, and responsibility? Before drafting the resignation letter, start evaluating and looking within yourself.