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10 Tips for a Successful Job Switch

Everyone goes through a job switch eventually. How difficult could it be? Well, it can range from a walk in the park to a grueling and time-consuming litany of tests and interviews, including one with the founder’s mother (I kid, I think). But what everyone can agree on is that when switching jobs, you want to make sure you are making the right decision. Because let’s be honest, time at the office takes up most of our week, so we better not dread going there. Want to make sure this is true for your new job? Here are 10 things you should consider before making the switch:

Find out now: How should I save for retirement?

Co-workers

Do you want to interact with these people on a daily basis? Would you be against going to get a drink after work with them? Does the HR director seem approachable? Is the tech team friendly? Is your potential manager a leader?

Culture

This is a popular term thrown around about workplaces. Does the team seem to have a singular personality? Do you fit within it? What vibes does everyone give off?

Office Environment

Welcoming? Inclusive? Common areas? Quiet areas? Lunch options? You want to feel comfortable in the place you work and you want to feel it best suits the way you work. For example, if you need quiet, you might want to work in a place where you have your own office and can easily close the door.

Work Hours

When are your emails being responded to? Have your interviews been scheduled at similar or varying times? If you are a morning person, you may want to work in a place where everyone gets in early. On the other hand, if you like to sleep in and feel more productive in the evening, a 10am-7pm job might be a better fit.

Responsibilities

Will you be doing the same or different stuff at this new job? Will these responsibilities change or grow over time? What will the role lead to in three years time? If you like doing hands-on work, you want to make sure  your new role supports that. The same is true if you are looking to move into management.

Travel

Is the company global? Or going global? Do you want to travel accordingly? There’s also a big difference between ‘occasional’ and ‘frequent’ travel. It’s a good idea to make sure your thoughts on those terms align with the company’s definitions.

Benefits

Retirement savings and insurance plans? Commuter benefits? Company bus? Free snacks? Unlimited company apparel? It’s important to figure out what is important to you and see if it matches what is offered.

Compensation

Is the salary market rate? Amount of equity? (If told a number of shares, ask what percentage of the company this is, and what was the latest valuation.) Bonus structure? There are many ways to be compensated so you want to be clear about how, when and why (say performance-based bonuses) you’re getting paid.

Dress Code

Ready to dress up every day? Or dress down? Some of this will depend on what type of role you’re taking. For example, if you are interacting with clients or potential business partners, your daily outfits will likely look different than other roles.

Company Mission

Would you be proud mentioning what you do at a cocktail party? If not, are you okay with that? Again, we spend a lot of time working, it’s nice to be happy about what we’re doing.

Photo credit: flickr

Amanda Stanhaus Amanda Stanhaus is passionate about financial literacy. She is excited by the opportunities technology provides to engage and teach others about personal finance. Amanda is an expert in career growth and retirement saving. She has a Bachelor’s degree in Economics & North American Studies from McGill University.
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