Source: This article was originally published on CNBC.
Written by: Courtney Connley, CNBC Make It
Employees are currently in an excellent position to ask for better pay and benefits—or choose to move on.
According to a recent Job Openings and Labor Turnover Survey (JOLTS) from the Bureau of Labor Statistics (BLS), American workers are quitting at the highest rate today since 2001, due to a tight labor market. So, is it time to quit your job? There are several clear indications that it’s time to make a change.
If you’re constantly contemplating whether or not you should quit your job, then chances are, you should.
1. You’re no longer engaged with your work
Spending considerable time thinking about life somewhere other than your current company is proof that you’re no longer engaged with your work. If you’re thinking about quitting all the time, you already know what you need to know. It’s time for you to go find a better fit, face exciting challenges and grow in new ways.
The surprising thing is about six weeks after you quit your job, if not sooner, you’re going to realize that you waited about six months too long to walk out the door That next job you thought might not happen? It does. Your former coworkers hating you? They don’t. The company collapsing without you? It won’t.
2. You’ve been at the same company for a while
Yes, excessive job-hopping can damage your resume. But, staying at a company for too long can also hold you back.
The longer you stay at one company, the more hiring managers start to ask, “Can this candidate adjust to a different culture, a different pace, a different way of doing things?”
I advise employees to stay at a company for three to five years. The only exception is if you’ve got a passion for what you do, and see an achievable path to the top. In this situation, it’s perfectly fine to stay longer.
3. You’re no longer being challenged in your role
Before putting in your two-weeks’ notice, you should ask yourself, “When was the last time I did something at work for the first time?” If you realize the answer is “recently,” then you may want to think twice before leaving.
But, if it’s been a while since you’ve learned something new, now may be the perfect time to leave. You’re stuck in the kind of job I call a ‘velvet coffin‘ — comfortable, but deadly to your brain and spirit, not to mention your career.
Once you get over the fear of leaving your comfortable role, you’ll look back and wonder why you waited so long.
Suzy Welch is the co-founder of the Jack Welch Management Institute and a noted business journalist, TV commentator, and public speaker. Through its online MBA program, the Jack Welch Management Institute transforms the lives of its students by providing them with the tools to become better leaders, build great teams, and help their organizations win.