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Would you switch jobs in this environment?

Posted on 9/29/22 at 5:50 pm
Posted by Tshiz
Idaho
Member since Jul 2013
7974 posts
Posted on 9/29/22 at 5:50 pm
Money over stability?
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
57978 posts
Posted on 9/29/22 at 6:14 pm to
Not I, but then I make a good living and have a very secure job.

All that aside, with the way the economy is going over the next 3-6 months there's no way I would swap a job which is guaranteed to make it through this crap for one that's only a maybe. For me, this environment is very much "a bird in the hand" period.
Posted by Im4datigers
Northern Virginia
Member since Oct 2003
4649 posts
Posted on 9/29/22 at 6:30 pm to
Nope not a chance.

Not to talk down to anybody on here, but I’m almost 50 and lived through 2008. It was brutal.

Not saying it will be that bad this time around, but it’s going to get bumpy. A lot of guys in their 30’s were still in high school then so they didn’t experience it.

I’d stay out for the next 12-18 months unless you can negotiate in some type of contract to cover your arse.
Posted by Eli Goldfinger
Member since Sep 2016
32785 posts
Posted on 9/29/22 at 6:32 pm to
Don’t want to get caught up in “last in, first out”.
Posted by el Gaucho
He/They
Member since Dec 2010
58529 posts
Posted on 9/29/22 at 6:32 pm to
The only jobs that are gonna be hiring next year are fema camp guard and irs torturer so move while you still can
Posted by lynxcat
Member since Jan 2008
25032 posts
Posted on 9/29/22 at 11:39 pm to
My industry is relatively stable but I think anyone would be cautious joining an unknown company right now. At the same time, I think it is still worth considering a move for the right opportunity.
Posted by TigerNlc
Chocolate City
Member since Jun 2006
33106 posts
Posted on 9/30/22 at 12:21 am to
quote:

Don’t want to get caught up in “last in, first out”.

How do they actually rank that now? I think they might consider laying off the higher paid and hiring someone less experienced for a lower rate which might be higher for the OP. With that being said If you are truly immune from being laid off I would stay put.
Posted by oneg8rh8r
Port Ludlow, WA
Member since Dec 2003
2939 posts
Posted on 9/30/22 at 12:38 am to
That COULD be a huge unforced error.

I personally aren't taking on any large debts, changing any process that isn't broke, we are going to be shifting travel budget to investment budget for great deals, but keeping things liquid.
Posted by baobabtiger
Member since May 2009
4935 posts
Posted on 9/30/22 at 3:57 am to
Not if you have any type of tenure at your current job.
Posted by Indfanfromcol
LSU
Member since Jan 2011
14897 posts
Posted on 9/30/22 at 6:27 am to
I just went through this. I’m in Construction on the client side and all my jobs here in Orlando will be project hire based. A competitor gave me a good offer. That company looks great on your resume. But the contract only lasted a year (bluesky) with the idea if it gets green lighted you get the big contract. My current contract last until 2025. Went to my boss to let him know and they instantly offered more.

It was an easy decision to stay. We are almost bought out, so now I transition to cost control that will get even more important. Trying to put a budget together with todays commodity prices and get approved during a recession? Not saying it won’t but not the safe move at all and I have 2 small kids still in daycare.
Posted by Weekend Warrior79
Member since Aug 2014
20812 posts
Posted on 9/30/22 at 10:07 am to
This is going to be completely dependent on the stability of each person's company and industry.

I have a lot of stability in my industry, but there is some concern with the company. But, I would stay because I have a 1 year severance package to protect me (owner/company is not going bankrupt) affording me the stability. If not for that severance, I would be looking around but also very selective in the company I moved to due to the unknown recession affect.
Posted by Jim Hopper
Ocean Springs Mississippi
Member since Sep 2019
4411 posts
Posted on 9/30/22 at 1:45 pm to
Stability right now with this administration.
Posted by Sterling Archer
Member since Aug 2012
8249 posts
Posted on 9/30/22 at 2:57 pm to
What industry?
Posted by CecilShortsHisPants
One Foty Fo uh uh Magnolia Screet
Member since Oct 2012
3710 posts
Posted on 9/30/22 at 9:13 pm to
We’ve had to fill 17 open positions in 2022 so far (144 total employees, including admin). Mostly shift operators, anywhere from $120-$150k gross pay depending on experience and OT. 8% company match. $3-$5k annual bonus. Incredibly affordable and quality healthcare.
For whatever reason, these cats are still searching for greener pastures.
Posted by TheWalrus
Land of the Hogs
Member since Dec 2012
46136 posts
Posted on 9/30/22 at 10:01 pm to
I’m seeing tons of former coworkers who took other jobs post on LinkedIn they are looking for a “new opportunity.” We have laid off a few people too though. My job seems super secure at the moment and while I’m not very happy at it, I’d be fearful to venture into unknown territory.
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