As per a survey done by ResumeBuilder, 1 in 4 employees quit their jobs in 2022. SHRM says that the average cost per hire is $4,129 and filling an open position takes an average of 42 days. On the other hand, Glassdoor reports that the average cost per hire for US employers is $4,000, and takes 24 days to fill a position.
Plus, the Harvard Business Review reveals that employees in mid-careers, i.e. between 30 and 45 years old, have the highest increase in resignation rates. On the other hand, for employees between the age of 20 to 25, the resignation rate decreased.
But how do you know when to look for a new job? If you are an employee who is thinking of shifting jobs, here are the 10 signs you need a new job. When you experience them know that it is time to take the leap.
Signs That You Need A New Job
1) Your Well-being Is Suffering
Your physical health sometimes indicates your mental health. So, if you are having frequent headaches or colds, it may mean that your job has a negative impact on your health.
Plus, having stress may impact your appetite as well. Some people may not eat as usual while others eat more. The stress can also result in burnout.
Overall if your mental or physical health is adversely affected by your job stress, then it is time to find ways to alleviate stress or look for a new job.
2) There Is No Opportunity For Advancement
Do you often wonder why you are staying at your current job for too long? One of the reasons could be that you feel stuck as there are no opportunities to advance your career and grow.
Actually, long-term goals help you stay focused and motivate you to move forward in your career. Therefore, if you are constantly passed over for a promotion or there are no opportunities for career advancement, then it is time for you to look elsewhere. In fact, this is one of the unavoidable reasons to look for a new job.
3) Your Work Environment Is Toxic
The answer to when to look for new job opportunities is when your work environment negatively impacts your life. Having moments of conflict is common in any workplace however bullying any employee for silly reasons is not professional behavior.
A toxic environment not only impacts your performance and enthusiasm toward your work but also damages your mental and physical health. So, if your company’s morale is low and tolerates bullying or doesn’t value your work, then you should explore other options.
4) Company Values Don’t Align With Yours
Given that your professional and personal lives are intertwined with each other, it is essential that your company shares your values. Also, a company should be honest and ethical.
If you feel that your organization is doing something wrong, unethical, or worse, illegal, you better leave your job. In case, it is your boss asking you to perform unethical action, explain your concern to superiors.
You know that it is time to expedite for a new job when you face a situation where you lower your standards or compromise your principles.
5) You No Longer Feel Challenged
Are you in the same position that you were in two years ago? Can you do your work tasks even in your sleep? That means you no longer feel challenged at your work.
In order to feel engaged in your work, people should be challenged. Hence, if you are experiencing chronic boredom, ask your manager or team leader to include you in stimulating projects. When they cannot offer you challenging assignments, consider seeking other opportunities.
Also, read – 10 High-paying Work At Home Tech Jobs
6) You Are Not Paid Your Worth
You are not paid fairly for the work you do, and still, you are wondering when to find a new job!
It is a red flag when you are underpaid or overqualified for the job. First, try to negotiate your salary with your employer. Research compensation and make a case for your contributions to the organization.
Still, you are not paid your worth and you know that you can earn more at other jobs, then it’s time to leave.
7) The Organizational Chart Frequently Changes
While some changes are necessary for an organization’s growth, frequent restructuring is a sign that your employer does not have a well-planned strategy. It also means that your company is not making good profits or worse in losses.
This uncertainty can make you anxious and create more stress that results in less engagement in the work. So, instead of staying in fear of losing your job, start exploring new job opportunities.
8) You And Your Work Aren’t Appreciated
OC Tanner research states that 79% of employees claim that lack of appreciation is the major reason for leaving a job.
Doing your best at the workplace but not getting acknowledged demotivates you. Everyone wants to be in a place where their effort is appreciated. If you feel that you are treated unfairly, it is time to work for an employer who values your contributions.
9) You Cannot Be In Your Authentic Self
Business insider says that in a lifetime an average person spends over 90,000 hours at work.
Wouldn’t it make you feel better if you can be yourself during those work hours? Being unauthentic leads to burnout and will make you unhappy. While being yourself can improve your employee engagement, relationships, trust, motivation, and ultimately happiness.
In case you feel like you cannot be your authentic self, it may be a sign for you to explore other opportunities.
10) Regularly Fantasizing About Quitting
Are you thinking should I apply for a new job? Don’t worry, it is normal to occasionally think about quitting your job, especially if you had a bad day. Even the people who are content with their jobs dream about quitting once in a while.
However, you should seriously consider it when you start regularly fantasizing about announcing your resignation. The same applies if you are frequently daydreaming about working in another company.
Also, read – 10 Remote Companies Offering Four Day Work Week Jobs
When to find a new job? Well, have you experienced any of the mentioned signs? If yes, then it is probably time to reevaluate your employment situation.
In case you decided to leave your job, do not just submit your resignation. Instead, spend some time strategizing your next move. It shows that you are an ethical candidate for new jobs while also allowing you to leave your present job on good terms.
Now, when looking for new opportunities, we suggest you visit HomeJobsHub. They have a variety of jobs in all kinds of industries. Simply sign up and their AI will notify you when a job matching your requirements and skills is available.