It’s not a secret that millennials are a generation of job hoppers. Six out of 10 millennials are open to a new job. Even without categorizing workers according to generations, the average worker will have about 12 jobs in their lifetime.
With this in mind, it’s understandable if you’re in a situation where you feel you need to shift careers. However, it’s one thing to desire a career change and it’s another thing to actually do it.
There’s a lot that can go wrong if you make a career shift that isn’t right for you. This is why you need to be absolutely sure that you’re ready to switch.
If you’re thinking 2021 is the year you finally switch careers, we’re here to help you. Continue reading for key indicators you need a career shift.
1. You’re Always Burned Out
Workplace burnout isn’t an uncommon phenomenon. A recent survey established that about 77 percent of employees have experienced burnout in their current position.
So, if you’re burned out, there’s nothing to worry about. You probably need a couple of days off or a vacation and you’ll regain your energy.
However, if your burnout doesn’t seem to fade away or you’re burning out often even after taking stapes to rejuvenate yourself, something is not right. There’s a chance you no longer like or want your job. Or the job isn’t a good fit for you.
If you’re in this situation, let 2021 be the year of a career switch. Perhaps a new job is all you need to stop burning out.
2. You’ve Been in the Same Position for Years
When you enter the workforce, your dream is to climb the proverbial career ladder as quickly as possible.
Unfortunately, things don’t often work this way for most workers. Competition for positions is fierce, which means there aren’t enough opportunities for the millions of workers looking to grow in their careers. It’s no wonder a lack of career advancement is one of the top reasons millennials job hop a lot.
If you’ve been in your current position for several years, and it’s not where you want to be, perhaps that career is no longer working out for you. A career shift could be in order in 2021.
That being said, it’s essential to consult widely before making a career change because of stagnation. There’s no guarantee you won’t stagnate in the career you’re switching to.
3. Your Peers Are Earning More
Comparison is the thief of joy, no doubt.
In the workplace, however, we can’t do without comparison. Many companies have “employee the month” awards, which is basically a result of employee comparison.
As such, you’ll naturally find yourself comparing your progress with that of your peers in the same industry. Although you might not know exactly how much someone is earning, it’s easy to find reliable information. Even judging the lifestyle of a peer can give you an indication of what they’re making.
So, if your peers are earning more than you do, or they’ve progressed in their careers and left you behind, it might be time to consider a career change. If you don’t switch careers and remain where you’re for a couple more years, your self-esteem could drop.
4. Your Employer’s Organization Isn’t Doing Well
When looking for indicators for a career switch, it can’t get any clearer than this.
If your employer’s company is not doing well, don’t wait until the whole house comes collapsing on you. Or, you don’t want to be caught unawares when your position is declared redundant.
It’s easy to tell when a company has hit the rocks. Dwindling revenues is usually a reliable sign things are right. Even life in the workplace will change. Benefits such as free employee lunches will be withdrawn.
5. You Have a Business on the Side That’s Thriving
If you’re anything like most workers, you want to be your own boss. This is why an increasing number of Americans want to start their own businesses.
So, if you’ve got a business on the side that’s thriving, why not switch careers to entrepreneurship? Well, entrepreneurship is indeed a career!
However, going from employed to self-employed is a major transition. You want to be sure that you’re making the right decision.
Just because your business is thriving right now doesn’t mean it will thrive for good. It’s possible that it will also hit the rocks in the near future. If this happens, how will you cope?
Entrepreneurship has its risks, especially when it’s your sole or primary source of income. If it works out, however, it’ll be one of the best career transitions you’ll ever make.
6. You Feel Stuck in Life
Feeling stuck. It happens even to the best of us.
You’re probably wondering how feeling stuck in life is related to your career. Well, your career forms a major part of your adult life. You spend most of your time at work, earning a living.
If you’re feeling stuck in life, it’s possible that your career is to blame. Perhaps changing it is the one thing you need to do to get your life moving forward again.
A new career comes with a new environment, which could add a spur to your life. Let’s say you’ve worked in an office environment your whole life, switching to a career that enables you to travel and spend time outdoors could be just enough to get your life moving again.
As you do that, be sure to consult an experienced life coach, such as Coaching with Moxy. They might have more ideas to help you unstuck your life.
Make That Career Shift!
Unless you’re a boomer, you’ll certainly make multiple career shifts in life. The key to making a successful shift is knowing when to do it. With this guide, you now have a couple of indicators you can use to determine whether the time is right.