Is it the right time to switch jobs?
I’m currently a senior accountant earning around $100k, and I’ve received an offer from a smaller company with a 20% salary increase. I’m uncertain about taking on a managerial role, even though it’s something I’ve always considered; I could always decide later if I prefer to stay as an individual contributor. However, I’m feeling unfulfilled in my current position, as I’m bored, and my company recently offshored many Accounting positions. Given the potential recession on the horizon, is now a good time to make a career move?
One response
It sounds like you’re in a challenging but potentially exciting position! Here are a few things to consider as you weigh your options:
Current Job Satisfaction: If you’re feeling bored and unsatisfied in your current role, it might be worth considering a change, especially if the new opportunity excites you and offers a pay increase.
Company Stability: Research the financial health and stability of the smaller company you’re considering. During recessions, some smaller companies may struggle more than larger ones, but if they have a solid business model and growth potential, that could mitigate some risks.
Career Development: Since you have an interest in possibly stepping into a managerial role, this new position might provide you with the experience to explore that while also expanding your skill set. Even if you decide later to stay an individual contributor, having management experience can still benefit your career.
Market Trends: Keep an eye on the job market in your field. If there are still opportunities available and companies are actively hiring, it might be a better time to switch than if you wait and face a hiring freeze.
Personal Financial Situation: Consider how the increased salary could impact your life. If the pay raise can significantly improve your financial situation, that might also weigh in favor of accepting the new job.
Ultimately, trust your instincts and weigh the pros and cons. If you feel that the new opportunity aligns more with your interests and career goals, it could be a good time to make the switch, even with potential economic uncertainties ahead. Good luck!