There comes a time in every professional’s life where they have to make tough decisions about their career. One of the most difficult can be whether to quit your job or not.
In a time where young workers are blamed for being entitled and lazy job-hoppers, employers are scrambling to find ways to cater to their current and future employees. Nevertheless, in a competitive capitalistic society with broad access to information, people (like businesses) are going to do what’s in their best interest.
Unfortunately, no one has a crystal ball to help them determine what their next best move is.
Your choices will be made based on your ideals, as they should be. My advice is based on helping you maintain your sanity while still continuing to develop professionally and financially. If you’re thinking about quitting your job, here are five good reasons to do it.
You have zero interest in your line of work
When I was in college, I had a vague idea of what type of job I thought I wanted. Emphasis on thought.
I wanted to work with numbers… and stuff. So, I interviewed for financial analyst jobs at investment banks. As you might know, I ended up in property-casualty insurance (thankfully). If I got a banking job, I wouldn’t have lasted long. That’s not to say that insurance is the most exciting thing in the world, but it’s interesting to me.
Banking never truly was.
If you go through the motions each day because you you’re simply not stimulated by your work, it’s time to find something you care about. Life is too short to do stuff that bores you to death every day. Plus, if your heart’s not in it, chances are you’re not performing to the best of your abilities.
And before you say what you’re thinking – yes, I guarantee you there’s something out there that interests you and lets you live the good life at the same time.
A toxic work environment
Changing jobs is sometimes less about the job and more about the overall circumstances. If you’re being subjected to a toxic work environment, it’s unhealthy for you to stay in that situation.
A toxic work environment can be defined by any of the following characteristics:
- Your manager doesn’t respect you
- Widespread organizational dysfunction and drama
- Employees constantly gossip and back-stab
- Senior management lacks integrity and transparency
- The focus is only on results, with little or no regard for people
If you’re dealing with these factors on a daily basis, it’s time to start looking for a new employer. A toxic work environment is a great reason to quit your job. Leaving a situation like that will do your career and your mental/emotional health a world of good.
Your potential is being squandered
If you’re pushing your boundaries and not just settling for a paycheck, you want to fulfill your potential. It’s a crushing reality to know that you’re not being given opportunities to succeed, despite the fact you’ve demonstrated your abilities over and over.
It’s easy to suffer in silence and think that no one notices you, so before you make the determination to quit your job, make sure to have a conversation with your manager and let them know that it’s about your professional development ahead of time. In this conversation, you want to:
- Talk about the work you’ve done and how that’s helped your team/company achieve their goals
- Tell your manager where you see your career going (only talk about your current company)
- Ask your manager what you can do to get to the next level
- Propose to your manager that you both work on a professional development plan for you
If your manager balks at the prospect of helping you further your career, you’re in a dead-end job. Instead of losing your confidence and letting your dreams die, look for an employer that will work with you to achieve your full potential.
You’ve been approached for better opportunities
Unless you’re in an absolutely ideal situation, having a better opportunity come along is always one of the good reasons to quit your job. However, you need to be careful – looks can be deceiving!
Companies that are poaching talent want to appear as perfect as possible (especially when stealing from competitors). Before you make the jump, make sure you’ve done your research and understand both the situation you’re leaving as well as the situation you’re getting into. For your current company as well as your new one, you want to fully understand:
- Their vision for your long-term professional development
- The company culture and overall happiness level of employees
- Your expectations in terms of process and production
For your new company, you also want to know about management. Particularly, you want to know who you’ll report to, what their management style is, and how people like working for them.
If you want to leave a great company that pays you very well and a manager you love working for who wants to see you succeed, you better have a real good reason for doing so! The last thing you want to do is join a new company for only a small bump in pay. If nothing else is better, you’ll never underestimate the value of a great manager or company ever again.
Just the thought of work makes you depressed
From Monday to Friday, we spend about 1/3 of our day at work. And that doesn’t even take commutes into account. If your current job makes you seriously depressed, what other reason do you need to quit your job?
Listen – we work five days per week. Working for the weekend is an unbalanced lifestyle that’s sure to lead to burnout eventually. Don’t get me wrong, I think you should have something else lined up before you quit, but you owe it to yourself to be happy. Find a situation that makes you feel good.
The rest will take care of itself.
All opinions expressed on this blog are solely those of Home at 30 and are in no way affiliated with any other organization or institution. The purpose of this blog is to give general education and information about investing, wealth, careers, and college; It is not intended to be professional advice.
Author: Josh Ramos
Josh attended Wake Forest University and paid a fortune for it. Since then, he’s realized the obstacles that Americans face in moving up on the ladder of wealth. By founding Home at 30, he wants to help students learn the skills necessary for taking the next step on their journey to building wealth.