Across the globe, millions of workers are calling it quits. Is it time for you to do the same?
Normally, just under 10% of workers turn over annually with remarkably little fanfare. Why this sudden exodus now? The large numbers are due in part to all the pent-up desire to leave in 2020 but the reluctance to do so when the job market was so uncertain. Add to that the usual 9% to 10% of employees who leave annually and finally, factor in those for whom the pandemic was a seismic wakeup call that life is short and you end up with a mass departure.
Is it time for you to leave? Maybe, but maybe not.
If you are on the fence about leaving, explore your reasons for doing so. If you enjoy your job and work for a great company but don’t want to go back to the status quo you may be able to negotiate concessions that enable you to stay.
Employers in every conceivable industry are losing talent and having a hard time replacing it. As a result, many companies are revising their policies to make them more family friendly. Others are open to making adjustments on a case-by-case basis.
Don’t throw in the towel too soon. Before you hand in your resignation, talk to your boss and/or Human Resources to see what the options are. If you want to work shorter hours, inquire about part-positions or opportunities to job share. Do you prefer to telecommute several days a week? Ask if there is an option to do so either in your current role or in another position in the company. Has your income failed to keep up with the market? Do your research and present your case to your boss before you decide to walk. Many companies are restructuring their compensation packages to retain solid performers. Do you need a break from the stress of it all? Check the company’s leave-of-absence policy or ask about taking a sabbatical.
On the other hand, if you hate your job, are bored silly, work for a company that doesn’t share your values, have hit the pay/promotion ceiling, or have unsuccessfully attempted to negotiate, then it may be time to head for the door. Before you do, update your resume and LinkedIn profile, nail down your references, get written recommendations on LinkedIn and create your reference sales sheet. Even in a booming job market poor marketing materials and lack of preparation will limit your options.
If you are torn about your next career step, carve out time now, during the holidays to slow down and listen to that small, still voice inside your head. What is it telling you, tweak your current situation or seek something new? You’ll never know unless you take time to reflect.
Whatever you decide, making a plan that you can implement in January will free you up mentally to enjoy the holidays knowing that you can hit the ground running in 2022.
©2021 Mary Jeanne Vincent. All rights reserved.