BizBuzz BizBuzz November 2023 | Page 19

WITH THE YEAR-END LOOMING , MANY OF US ARE ASSESSING OUR CAREER PROSPECTS AND CONSIDERING WHETHER THIS MAY BE AN APPROPRIATE TIME FOR A JOB CHANGE . YOU MAY FEEL STIFLED IN YOUR CURRENT POSITION , RELUCTANT TO RETURN TO THE OFFICE AFTER WORKING FROM HOME , OR FED UP WITH DIFFICULT WORK RELATIONSHIPS AND MICRO- MANAGERS . PERHAPS YOU ’ RE READY FOR NEW CHALLENGES AND OPPORTUNITIES TO EARN MORE , UPSKILL , AND BUILD YOUR PROFESSIONAL NETWORK . CHANGING JOBS IS A MAJOR DECISION , HOWEVER . ITS IMPACT GOES FAR BEYOND THE WORKPLACE AND THE LURE OF A HIGHER SALARY , NOTES JUSTMONEY . CO . ZA , A SITE THAT HELPS EDUCATE SOUTH AFRICANS TO MAKE GOOD MONEY CHOICES . BEFORE QUITTING YOUR JOB , DO YOUR HOMEWORK AND CONSIDER FACTORS SUCH AS YOUR PROSPECTIVE NEW EMPLOYER ’ S WORK BENEFITS , POTENTIAL WORKLOAD , AND SKILLS DEVELOPMENT OPPORTUNITIES , SAYS SHAFEEKA ANTHONY , MARKETING MANAGER AT JUSTMONEY . CO . ZA . “ YOU MAY BE ENTICED BY A HIGHER SALARY , BUT KEEP IN MIND THAT THIS COULD ENTAIL MOVING INTO A HIGHER TAX BRACKET , A LONGER COMMUTE , OR LESS DOWNTIME WITH FAMILY AND FRIENDS ,” SHE SAYS . “ IT ’ S VITAL TO CONSIDER MULTIPLE FACTORS BEFORE GIVING NOTICE .”
• READ A JUSTMONEY ARTICLE ON NAVIGATING A MIDLIFE CAREER CHANGE . JUSTMONEY OFFERS THE FOLLOWING 10 TIPS TO CONSIDER BEFORE RESIGNING : 1 . TIMING : INSTEAD OF A JOB CHANGE , YOU MAY NEED A HOLIDAY TO REGAIN PERSPECTIVE . IDENTIFY THE REASONS FOR YOUR DISSATISFACTION , AND MAKE A DECISION WHEN YOU FEEL RELAXED AND REFRESHED . 2 . GOALS : CONSIDER YOUR LONG-TERM PERSONAL AND CAREER GOALS , AND DETERMINE IF THE NEW JOB ALIGNS WITH THESE . CONSULT A MENTOR OR TRUSTED ADVISER TO MAKE AN INFORMED DECISION . 3 . CURRENT CONTRACT : REVIEW THE FINE PRINT IN YOUR CURRENT JOB CONTRACT . TAKE INTO ACCOUNT RESTRICTIONS SUCH AS RESTRAINT-OF-TRADE AGREEMENTS BARRING YOU FROM WORKING FOR A COMPETING COMPANY , OR WITH CURRENT CUSTOMERS , FOR A SET PERIOD . 4 . COMPANY BENEFITS : REVIEW THE OVERALL COMPENSATION PACKAGE ON OFFER , INCLUDING MEDICAL AID , RETIREMENT BENEFITS , BONUSES , COMPANY SHARES , AND PERKS SUCH AS AN IN-HOUSE GYM . IT ’ S ADVISABLE TO CONSULT A FINANCIAL PLANNER WHEN MAKING THIS ASSESSMENT .