5 Signs You're Ready for a New Job

In the financial sciences & services industry, staying ahead of the curve is essential for maintaining career satisfaction and growth. If you've been feeling restless or uncertain about your current role, it might be time to consider a change. Recognising the signs that you're ready for a new job can open the door to exciting new opportunities. Below we share five tell-tale signs that it's time to take the next step in your career.

At Selby Jennings, our team is dedicated to helping professionals like yourself achieve your career goals. We encourage you to share your CV with our talent partners, who specialise in providing tailored guidance and support aligned with your unique goals and skill set.

Lack of career advancement

If you’re finding that career advancement opportunities in your current role are scarce, it might be a sign that you should seek a new position. In the financial sciences and services industry, progression is crucial for maintaining professional satisfaction. Remaining in the same role for several years without any clear path to promotion or professional development can result in diminished motivation and job satisfaction.

For example, if you’ve consistently been passed over for promotions despite strong performance reviews, or if you're frequently excluded from high-profile projects that could showcase your skills, these may be signs that your growth is being held back. Additionally, limited access to advanced financial training or professional certifications can suggest that your development is being restricted. If you notice these patterns, it may be time to consider exploring new opportunities where you can continue to advance and thrive.

Decreased job satisfaction

Feeling unfulfilled and unhappy at work is a major indicator that it might be time for a change. Job satisfaction goes beyond monetary compensation; it includes feeling valued, challenged, and engaged. If you dread going to work, find your tasks boring, or no longer feel excited about your role, these are signs that your current position is not meeting your professional needs. A new job that aligns with your interests and offers stimulating projects can reignite your enthusiasm and productivity.

Toxic work environment

In the financial science & services sector, toxic work environments are unfortunately not uncommon, and they can severely impact your mental and physical well-being. Signs of such toxicity in this high-stakes domain include constant negativity, inadequate support from management, and unhealthy competition among colleagues. If you find yourself struggling with undue stress, anxiety, or conflict at work, it's a strong signal that you need to consider your options. A positive and supportive work culture is essential for your well-being and professional success. Seeking a healthier work environment can lead to greater job satisfaction and improved overall health.

Misalignment with company values

If you feel that your beliefs and principles don't align with your organisation's mission or practices, it's a clear sign that it might be time to consider new career paths. Whether it's ethics, transparency, or corporate responsibility, a disconnect can lead to dissatisfaction and hinder your professional growth. Pursuing opportunities that align with your values not only brings personal fulfilment but also fosters a more purpose-driven work environment. If you're feeling out of sync with your company's ethos, it's worth exploring options that better resonate with your core beliefs​.

Bonus and compensation unhappiness

Bonuses and compensation play a crucial role in job satisfaction. If you're dissatisfied with your bonus or feel your compensation doesn't reflect your contributions, it might be worth considering a move to a company that values your efforts appropriately.

At Selby Jennings, we offer a comprehensive benchmarking report to help you understand industry standards and evaluate the competitiveness of your compensation. The USA Bonus Season Breakdown 2024 delves into bonus trends and their impact on professionals' job satisfaction. Notably, 82% of survey respondents stated that a reduced bonus is a contributing factor towards considering new roles. If you're experiencing dissatisfaction with your pay, it may be time to explore your options.

Take the next step in your career

Recognising these signs could mark the beginning of a more fulfilling path in the financial sciences and services industry. If any of these points resonate with you, it's a great time to begin taking steps toward career advancement.

Selby Jennings specialises in connecting talented professionals with the right career opportunities. Submit your CV and take the first step towards your next career move.