Questions to ask before quitting your job: A column article by Molly Brennan

Thinking about joining the Great Resignation? Four questions to consider

If you’re thinking about joining the Great Resignation and quitting your job, you’re in good company. Resignations are at a 20-year high, and depending on what study you’re reading, one-third to one-half of all U.S. workers are considering leaving their jobs right now. This record number of resignations is fueled by a range of factors, from the understanding that better pay and opportunities may be readily available, to a desire to work for an organization that is more values-aligned, to the desire to have more flexibility about when and where work is done. Burnout is also a significant factor that’s driving employees to seek other opportunities.

If you recognize yourself in any of these factors and are considering taking action, you’re likely to find yourself in a good position. The number of open opportunities has created stiff competition for talent, driving up salaries and giving candidates an advantage when it comes to negotiations.

A recent study from Pew Research Center found that many workers who leave their positions actually do find better jobs. At least half of these workers say that compared with their last job, they are now earning more money (56 percent), have more opportunities for advancement (53 percent), have an easier time balancing work and family responsibilities (53 percent), and have more flexibility to choose when they put in their work hours (50 percent). At the same time, that means almost half of those surveyed reported that they are not earning more, and about 22 percent said their current benefits are worse than at their last job.

So it would be a good idea to explore the following questions before quitting your current job....

Read the full column article by Molly Brennan, founding partner at executive search firm Koya Partners.

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