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Changing Jobs: The Risks and the Rewards

It’s a hot job market right now; there are more job openings than applicants. We are seeing things many of us would have never expected, such as fast-food businesses offering signing bonuses. That was always reserved for highly skilled workers who needed to be wooed away from competitors. Not anymore. There are opportunities for many employees to better themselves by switching organizations. There are risks and there are rewards in making such a transition. Laying out these factors and walking through them one by one can help you make an informed decision that you are less likely to regret later on. Compensation for Changing Jobs Money is always a factor. I doubt there has ever been a better time to shift employers for financial gain. Many employers cannot find the skilled people they need for positions — or even the unskilled people they need for entry-level positions. Starting salaries are rising rapidly in many locations. Wages, however, are not the whole picture. At least, not...