When Quitting Your Job Makes Fiscal Sense

by Guest on December 14, 2011

This time last year, no one dared to leave their job. In fact, the “quits rate,” a measurement of people’s willingness to leave their job, has remained at a low 1.5-2 million since January 2010, according to theBureau of Labor Statistics. But, the Department of Labor reports, more than 500,000 jobs have been added in the last four months and chatter about “double-dip recession” has dissipated. If you’re unhappy with your job or salary, this could be the time to kiss your employer goodbye. In fact, getting a new job could improve not only your daily mood but also your finances. Whether you help create inventory management software or you’re a freelance web designer, here are some indicators that you should hit the job search:

1. You’ve Plateaued

It’s easy to tell when you’re not going to move up in a company. You’ve done the same work for years, there’s no talk of your “future in the company,” and the promotions or bonuses are nowhere in sight. There should be a certain level of work that challenges you, keeping you motivated, alert, and active in the company. If you’re not excelling now, chances are, you’re not moving up any time soon.

2.  You’re Severely Undercompensated

Even if you love your job and you’re working your way up in the company, if you don’t see your accomplishments on your paycheck, you may feel undervalued or cheated. Everyone has to pay their dues, but at a certain point something’s gotta give. If you’ve asked for a raise, but have been relentlessly denied, it may be time to pack up and hit the road for greener pastures. To determine your deserved salary, use free, online tools like Payscale.com.

3. You Hate It

We all know the feeling. Sunday night rolls around and you say to yourself, “I really don’t want to go to work tomorrow.” Yes, sometimes work is tedious, daunting, or stressful. This is normal. But if you absolutely loathe your job, your boss, and your fellow employees, you may work yourself into a situational depression. Honestly, it’s just not worth it. Life’s too short.

About The Author

“Margot M. is a guest post writer on the subjects of business issues and resources such as Inventory management.”

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