It’s official: One in four workers plan to quit their job in 2022, according to a new survey from ResumeBuilder.com. Clearly, the Great Resignation is not over. And it’s not just Gen Z and Millennials who are driving this trend. Research published in the Harvard Business Review shows that employees between the ages of 30 and 45 experienced the greatest increase in quit rates. While turnover is generally highest among younger workers, the study found that over the past year quits have actually declined for workers aged 20 to 25.
But how do you know when it’s time to finally find a new job? If you’re a mid-career professional considering a career change, here are ten telltale signs it’s time to take the plunge.
1. Your well-being suffers
Gallup reports that employees who were struggling or suffering in their lifetime were about twice as likely to change jobs as those who were thriving. Managers, in particular, suffer from high levels of burnout. This phenomenon is of particular concern, given that managers have the greatest impact on employee engagement. So if you find that your role is negatively affecting your physical or mental health, maybe it is time to find a new job.
2. There is no possibility of advancement
Do you constantly wonder if you haven’t been at work for too long? One of the reasons you may feel stuck is that there is no opportunity to grow professionally. Don’t spend a lot of time in a position that doesn’t offer growth opportunities. If you’re continually being ignored for a promotion despite being the top performer, it’s probably time to look elsewhere.
3. The work environment is toxic
If the atmosphere at work negatively impacts employees, you are probably in a toxic work environment. A toxic culture not only interferes with your career growth, but can also be detrimental to your mental and physical health. If you find yourself in a company where bullying is tolerated, morale is low, or your contribution is not valued, you may want to explore other options.
4. You no longer feel challenged
Are you essentially in the same situation as two years ago? Can you do work projects while you sleep? If you feel overqualified for your job, your career may be at a standstill. Try asking your manager for more difficult assignments. If they can’t come up with more stimulating projects for you, consider exploring outside opportunities.
5. You are not paid what you are worth
If you are underpaid and overqualified, this is a red flag. Try to negotiate a higher salary before looking for a new job. Seek compensation and present a case based on your contributions and value. If you are struggling to live with your current salary and know that you will earn more in another job, it might be time to go.
6. You regularly fantasize about giving up
It is normal to dream every now and then about quitting your job. Even people who are happy with their jobs have quit fantasies, especially when you are having a bad day. But when you regularly start to dream of walking into your manager’s office and announcing your resignation, maybe it is time to find a new job.
7. Company values do not match yours
LinkedIn’s Workplace Culture report indicated that 86% of Millennials would consider reducing their pay to work at a company whose mission and values match theirs. As our professional and personal lives are more closely linked than ever, it is essential that the companies we work for share our values. If you regularly find yourself lowering your standards or compromising your principles, it might be time to find a new job.
8. Your ethics are compromised
When your boss asks you to take an illegal or unethical action, you need to take action to protect yourself. First, explain your concerns in writing. Then, if your employer insists on moving forward, it’s time to speed up your job search and get out as soon as possible.
9. You and your work are not appreciated
According to an OC Tanner study, 79% of employees who left their jobs said lack of appreciation was a top reason for leaving. Doing a great job without being recognized for it can be extremely demotivating. If you aren’t appreciated in your current workplace, maybe it’s time to find a new job where your contributions are valued.
10. You cannot be authentic yourself
According to research, the average person spends 90,000 at work over their lifetime. Wouldn’t it be nice to be your real self during this time? Being inauthentic can lead to burnout and unhappiness. On the flip side, the feeling that you can be yourself at work improves employee engagement, empowerment, trust, relationships, and happiness. If not, it can be a sign that it’s time to look for a new job.
Do any of these signs sound familiar to you? If so, it may be time to reassess your employment situation. Rather than just quitting, take the time to strategize your next move. This will position you as a more attractive candidate and allow you to start on good terms.
Wondering if it’s finally time to change jobs or careers? Take my free 60-second career quiz and find out!