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There are many good reasons to quit your job. A boss that you can’t stand, a shift that doesn’t let you sleep or an office that’s just too far.
However, there are also times when it makes sense to just keep it, especially if you don’t have another job lined up.
Before handing over that resignation letter, relax, and hear our advice. Here are the reasons you shouldn’t resign right away.
You May Not Be Qualified Yet
According to Careers Advice Online, with an ever-increasing number of career options, 30 percent of the workforce may look in changing careers every 12 months.
However, do you think you have all the skills you need to pursue another career?
Many applicants often find the process of changing careers frustrating, like when they don’t get called back for roles that they’re applying for.
When you feel like you can do more in your career but unfortunately not getting it, explore all possible options within your company first. This is a faster path towards gaining the experience you need to switch careers in the future.
It’s Not That Simple
With more people losing jobs because of the COVID-19 pandemic, the competition for a new role may become stiffer.
Also, in the search for a new job, there’s a high chance that your competitor may be very similar or better than you in terms of experience, skills and education.
With many companies implementing cost-saving measures, hiring new employees may just be at the least of their priorities right now. Now we’re still in this unprecedented time, maybe it’s better for you to keep your job for now.
You can start your hunt once the situation comes back to normal.
Your Finances Aren’t Stable
Quitting your current work without another job already waiting is almost always an unwise move. More so, if your finances aren’t stable.
Unfortunately, one in every four Americans doesn’t have emergency savings. Before you call it quits, make sure you have at least six months’ worth of living expenses in your bank. This amount should be enough to get you through every day until you land another job. If you’re having trouble saving money, you can always seek the help from a qualified financial planning firm.
Starting Over Can Be Stressful
Breaking away from a routine can be difficult, more so starting a new one from scratch.
Workplace adjustments like assuming a new role or changing work hours can have an effect on your health. The Holmes and Rahe stress scale ranks employment change as a significant factor that contributes to stress.
Your May Lose Your Benefits
Not only can you experience stress, but starting all over again may strip away all the benefits you’ve been currently enjoying in your current workplace.
Many companies have benefits policies that don’t kick in until you reach a certain milestone. For example, you may have to wait a while before you can become eligible for health insurance and 401(k).
Before you think of quitting, ask yourself if it’s the right move. As many would say, follow what your heart desires. But when making big life decisions, you shouldn’t only listen to your heart, you should be practical, too.
Photo by Thought Catalog on Unsplash
