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Should You Change Jobs For More Money?

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Would you change jobs for more money? A majority of people would say 'yes' straight away. However, if you are still waiting and pondering over the question, then either you are a really smart person or you are totally in love with your current job. There is not always a 'yes' and 'no' answer to the question of whether you will change your job for money.

ARE YOU MAKING A CAREER CHANGE.. 4 WAYS TO MAKE IT SMOOTH

Everyone wants more money but there is much more to a job than the salary component. You reasons to change jobs should definitely not be based only around your paycheck. That is why, when someone asks you if you would change your job for more money, you should always take it as a subjective question rather than an objective one.

Here are some important points to consider before you change your job for more money.

How much more money?

The rise in your remuneration needs to be substantial for you to switch your job. If you are getting a very nominal raise, then it is really not worth the effort to adjust in a new work environment. Switching for anything below 25 to 30 percent does not justify as a valid reason for job hopping.

Will my job description change?

How different will your role be in your new job is always a relevant question to ask yourself. Will your experience in your current job be relevant to your next job or will it be wasted. Changing a job should not mean that you switch profiles mindlessly just for more money.

Right career decision?

Many experienced people are faced with the challenge of moving to smaller companies for high paychecks. When you move from a big organisation to a smaller one, you might get more money, but how would you justify this change to your next employer. You need to consider if this job change looks good on your resume.

Do you love your job?

Sometimes, more money also means that you have to do work that you do not like doing. Would you switch a job that you love doing for a job that bores you just because it will pay you better? If you do not like doing your job, it is very hard to excel professionally. That is why; stick to the job you are passionate about. It will pay off in the end.

To know when is the best time to change your job, you should consider much more than just your paycheck.

Read more about: work life personality
Story first published: Monday, June 30, 2014, 20:31 [IST]
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