With 1/3 of our lives spent at work, our work life can really impact happiness levels, well-being and overall health. Various factors can contribute to why you are considering changing careers, such as, company culture, location, money and interests for new experiences.
Reflecting before changing careers is crucial, especially if the decision-making will have impacts on your life socially and financially.
By switching careers, do you have to invest in more school? Do you have to relocate across the country? Will you be accepting a lower income?
Here are questions to think about before exploring new professional paths:
1. Why are you displeased?
Locating the source of your emotions with why you want to switch jobs will help reveal if it is the job that is the problem, the company where you are working, or events occurring in your own personal life.
Perhaps you have a bad boss, or your work environment is toxic, and this is causing the dissatisfaction- not the work itself!
If you can distinguish the cause, it can help with your plan of action and save some resources. Consider looking at the pros and cons and reach out to reliable contacts for advice.
2. Will I need more education or credentials?
If your career change is in a different field, it may require additional education. For example, if your original work is in business and you are looking to transfer into healthcare, you may require going to University or College.
Finances and time are two factors to consider. Do you have the savings to enter back into school or add to your education? Building your education is an investment and can take an abundance of time and energy to be successful.
3. Am I prepared to earn less income?
Changing jobs can result in a pay change or worst, a pay cut. The more experienced and longer you stay with your current career typically adds to your pay stub.
Only you can answer this question, some individuals would prefer not to alter their current lifestyle and receive less pay if it made them happier, but sometimes that is not an option from a financial perspective.
4. What challenges will arise?
If you answered the three questions above and still are passionate about changing careers, it is important to research and prepare for potential challenges and obstacles.
Challenge helps you develop, learn, and grow, and it stops you from being comfortable with the status quo. However, too much challenge can risk your ability to meet end goals. Be realistic.
Research the industry market and job demand to discover if this new career is even hiring – is it growing, is demand for people in this career steady, growing, declining? A major challenge is job security due to lack of employability. If you are thinking of the switch, be sure there will be a spot for you to fill.