On average, we will change jobs 11 times by the time we turn 50 according to the United States Department of Labor. Much of the job-hopping is early in our lives, but even in our forties we change jobs twice. Going through a job transition can be difficult. There are three areas to plan for during a job transition, Money, Time, and Stress. Every job transition is unique, so the goal of this article is to highlight ideas for you to consider making your transition as positive as possible.
Plan for the increase (or the decrease) in salary.
Everyone knows they should have a budget. I have a budget, but in real life my budget is a guideline, some months are worse than others. When dealing with a job change a budget has to be more than a guideline. If you are in the situation of trying to find a new position, your finances will be stressed. Planning ahead, six months at least, can help prepare you for that transition.
What if you are getting promoted or have found a higher paying position? You might think Money doesn’t factor in, but it does. If you don’t plan for the increase in pay, you will find yourself wasting money when you could be using that money to benefit your financial goals. Can a debt be paid off sooner? You can save for a future purchase. Having an increase in salary can benefit more than just your monthly take home pay; don’t waste the opportunity.
Factor in the changes to your time/schedule.
Every day has exactly the same amount of time; it is our life that is hard to balance in those 24 hours. The two main areas that take up our time are job and family. A job transition will challenge this balance.
Again, you might think having a promotion or moving to a better position has no affect on this dynamic, but it does, especially at the beginning of your new position. There is always a learning curve with a new position. It takes time to get into the groove of a new job. Also, new positions create new expectations to your routine. It might be something as simple as what time you are expected to begin your workday. This changes your routine. Being aware of the time commitment at the beginning of your new position and the other time factors of your job will help in dealing with balancing the rest of your life outside of work.
Be aware of friendship changes … and stress.
The other two factors play a role in your stress level. If you plan ahead with for those, it will help keep your stress in check. But there are other factors that can affect your stress you might not have considered.
One of the great aspects of life is our friendships. A job transition will change these relationships. A promotion may make you the supervisor of your friends. Changing a position will mean developing new relationships, but also it will make sustaining relationships with coworkers from your other position difficult. Your social circle will change with your job.
Our jobs or careers usually reflect our personal goals. Many times changing a job means we are moving toward achieving our goals. This gives us a boost to handle different challenges because we are accomplishing our dreams. Sometimes, though, a job transition reflects a hurdle to our goals. Or challenges us to reconsider our dreams. This can be a difficult time of self-reflection. A job transition can be a time to evaluate our personal goals.
Preparing for a job transition is important.
Each transition is unique, but keeping in mind time, money, and stress will help you make the move easier.
BIO:
Who is Jamey Boelhower?
Jamey Boelhower is a husband and a father of six, TIS, coach, and teacher for Sandy Creek high school in Nebraska. He is also an adjunct professor for CCC Hastings.
You can read his regular blog “It Is All Connected” by clicking here. And you can follow him on twitter at @jdog90.