Especially in a job market that favors job seekers, the desire to hop from job to job to higher-paying roles is strong. You may see a company offering slightly more than what you are currently making and wonder if it would be the right choice to change jobs. It may seem like a no-brainer to take a higher-paying job but here are some other things that you should consider before making a change.
How Far Are You Willing to Travel for Work?
If your current job is closer to home than where a new higher paying job would be, calculate how much more you'll spend on gas, and decide how much the additional time traveling to and from work is worth to you.
How Many Hours Will You Be Working?
If your current job allows you to work, for example, 40 hours a week plus overtime. But a new higher paying job offers less hours and no overtime. Consider what your total “take-home” pay (your pay after taxes and deductions) will be. A little more pay but far fewer hours May result in a take-home pay less than what you make in your current role.
What Is the Schedule?
If you currently have a consistent schedule that works with your lifestyle. Consider that a new role may come with an unpredictable schedule or a different shift than you prefer.
Will There Be Any Changes to Benefits?
Whether it’s official or incidental, the benefits that you enjoy in your current role will likely change at a new company. Consider how employer-provided health insurance, paid time off, retirement planning, and more will be affected during a job transition. There may also be incidental benefits to consider, like a flexible schedule, childcare implications, friendly coworkers, or even if a job is just next-door to your favorite restaurant.
Changing jobs can be one of the most stressful or one of the most rewarding things you can do in life. Before taking on a new role, consider all the things that will differ other than your pay rate. In order to make the best decision for you, develop a list of factors that may incline you to stay in your current role or to leave for another job.
If you’re ready for a change, we're always hiring for a variety of positions in the Greater Charlotte, NC area. Click here to Get Hired.