How to Decide Whether You Should Make a Career Change?

For the average working Joe, the toughest act to juggle may be to make a career switch.

This is particular true for blue and white collar workers, who, for various reasons, may find it hard to envisage. There are probably many financial and personal factors to be considered: Housing loans, children's education fees, medical fees, elderly families to be taken care off, and a whole host of other reasons, may prevent an employee from ever venturing into another career.

For the adventurous few, a career change may be inevitable. If, and when, a better job prospect arrives at your doorstep, be it through head hunting or self-initiated search, how does one decide whether to seek greener pastures?

1. Financial Gains

Obviously, one of the chief reasons for "jumping ship" may have something to do with the paycheck. An increment in pay is the best incentive to entice even the most loyal worker. An increase of a thousand dollars in monthly salary would make any sensible loyal employee jump the ship.

However, to job-hop from one job to another on the basis of pay increments may be a tad too short-sighted, especially for those who tend to have short time spans working for their respective employers. This may reflect badly on their resumes.

2. Career Prospects

Another enticing factor may be the possibility of career prospects. Being in a company for a long duration of time without being promoted, may mean that the employee either does not possess the necessary requisite to stand for promotion, or that he has already maxed out his promotional opportunities.

Another good indication for a worker with regards to his capabilities would be if the headhunting factor: If a person is headhunted to work in a better position with higher pay, then the enticement will be almost picture-perfect.

3. Relocation