If you’re planning to switch jobs, it’s always a good idea to be prepared to make a smooth transition from your current company to your new one.
People think about moving from one company to another for several reasons. The draw of a higher salary, a better designation, a more challenging role, the freedom to work more independently, and so on, might be too hard to resist. Whatever the reason, it never hurts to be prepared to make a smooth transition from your current company to your new one. Here are some things to keep in mind.
Is everything up-to-date?
Updating things can be a pain, but as the saying goes, ‘No pain, no gain’. So, if you’re planning to move to a new employer, one of the first things you should do is make sure that your resume is up-to-date. Also, make it a point to proofread it. Errors on a CV don’t make for a good first impression! Describe your skillset briefly and clearly and don’t forget to update your LinkedIn profile too. It’s a good place to showcase your skills and competencies. If you haven’t already, change your LinkedIn preferences to indicate that you are looking for a job. Do the same on any job recruitment sites you’re registered on and improve your chances of finding the right new job.
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Are you well informed?
When switching jobs, it will hold you in good stead if you’re up-to-speed on everything that impacts the company and industry that you plan to move into. This will make you come across as knowledgeable to your new or prospective employer and will indicate that you are interested in the job and company. Furthermore, it will help you make better, well-informed decisions in your new role. Let’s say, you want to move into a content role in a fintech company that facilitates loan and Credit Card applications. You should be on top of what’s happening with respect to RBI mandates, what competitors are doing, who has invested in the company and most importantly, how you can use this knowledge to help the company get where it’s headed. Doing your homework and doing it well will certainly pay off.
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Brush up your skills
It’s never too late to learn something new. And if you want to make an impact in your field, now is a good time to take steps to enhance your skillset. No matter what line you’re in, there is always scope for improvement. Whether it’s your technical skills, soft skills or management skills, if you see an opportunity for training to improve them, just jump up and grab it. Sites like Coursera and Khan Academy offer an abundance of courses for free. So, don’t waste a minute. Get trained, develop yourself.
Look at the whole package
When you decide to change jobs, several things are going to change and it’s better to prepare yourself before you make the switch. Things like perks, weekly holidays, travel requirements, etc. change from one company to the next. So, while you might be getting a higher salary at the new company, you should also look at other benefits – Does the company have a flexible working hours policy? What does the company health insurance look like? Will the new job require you to travel? Are you eligible for a joining bonus and stock options? Take a good, hard look at all the perks and benefits you are getting at your current job, compare them to what the new company is offering, and only then, if the new offer makes sense, should you make the shift.
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Don’t leave too soon
You’ve barely been at a company for a year and you’re already thinking about a change? Better to hang in there until you’ve completed 1 ½ to 2 years at least. Anything less than that is considered to be job hopping and shows a lack of stability. Trust us, you don’t want to come across as a fickle employee. What you can do instead, is make an assessment of why you want to leave and if you’re facing any issues, talk to your HR partner and manager about them. Put your best foot forward and try to make things work at your current company before making plans to shift elsewhere too soon.
Leave on a good note
Leaving a company isn’t always easy. Maybe you’re happy but want a change of role or perhaps you’re frustrated with the way things are and simply want a fresh start elsewhere. Whatever your situation, it’s very important to part ways on a good note. Firstly, it’s the professional thing to do. Secondly, when you move to a new company, they always ask for references from your old company. Don’t take the chance of having negative feedback shared about you. Thirdly, it’s important to understand that things aren’t personal, circumstances change and you might end up working with an old colleague or boss again at some point in the future. Let their last memory of you be a good one. Always part ways amicably.
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Before you switch jobs, take the time to do a critical analysis of your job situation – current and prospective. Remember that moving for better prospects and opportunities is different from running away from something you don’t like.
If you’re looking for both stability and flexibility when it comes to your job, consider BankBazaar. If you’re looking for a company that has the open culture of a start-up but you also want the security that comes with working for a larger, more established company, then BankBazaar is just the place for you. Check out our careers page and if you think you fit the bill, hit us up. We’re always happy to have intelligent, hardworking and friendly people on board.