Should I like my job?


#1

So I have working for this BigCo for over 3 years now. I was in a department I enjoyed, liked my coworkers, liked the clients, was well paid…

Then, a lot of changes in the department and compensation package made me change position.

It has now been a year that I work in a position I have zero ambition, zero challenge, and that I find utterly boring. Even if we can easily live on a lower income, I am in a constant debate of: I need to save for FI, I need increase my SR…

I come into work because it is easy and I get paid. Other than that, I have been really bored here and have been applying elsewhere for roughly the last 6 months.

After many interviews, I have gotten low-ball offers, insulting offers, and ridiculous offers but nothing superior to what I am currently earning.

I am now at a point where I am considering to quit just to take the time to focus and find something I truly like. Is it better to quit to start fresh?

What are your experiences with career switches?
I am in Finance but always was passionate about coding (I do projects on the side now)

Thanks!


#2

I am a firm believer that your job should either be something that you’re passionate about, or that it should allow you to achieve your goals/passion outside of work (such as travel, retirement, etc.).

It sounds like you want to do something else. Have you thought about building up a well funded emergency fund so that you can do what you actually want to do?


#3

Yes, we are well in our FI journey…
We have an emergency fund and our total expenses are very low so I am not too worried financially.


#4

Hi there, according to me you should go for the job in which you are interested. You can start fresh.


#5

@FullTimeFinance, if you’re going to be spending most of your waking hours at work, then it kind of sucks to be working someplace that isn’t floating your boat.

A leap into the unknown can be scary, as while there is every chance the next job might be an amazingly rewarding challenge surrounded by awesome people… there is also a chance that it might be a soul destroying place where you are surrounded by trolls. That is kind of what makes it exciting (and a little scary)

However imagine for a second you were told you only had 3 or 5 years left to live. Would you still be happy to be fronting up to this job every day?

If your FI number is more than a trivial amount of time away, then is it really worth making yourself unhappy for the duration?

Only you can answer these questions.

Personally I think it is up to the individual to manage their own careers, as an employee won’t hesitate to make a worker redundant if their face no longer fits or their skills aren’t as relevant as they once were.

One thing I would do first however is figure out why the offers you are receiving aren’t satisfying, and what the actual current market rate is for a new hire possessing your skills and experiences in your location.

It could be that you are aiming high, for example targeting a promotion at the time of your job switch (which is a great time to be doing it, if you can carry it off), but there is something in your CV or interview performance that isn’t telling the hiring manager that you’re the one for the next rung up the ladder.

Perhaps the skills and/or experiences you possess are no longer as relevant as they used to be, for example if you specialised in an older technology, or some form of regulatory compliance that is marked as soon to be revoked, or something that is imminently replaceable by robots or offshore workers or whatever.

Maybe the opposite is true, that your skills are so popular that the market is now flooded with people willing to do the same role you perform for a lower salary, which has lowered the market price.

It could just be that the market price hasn’t changed in 3 years since you took your job, yet you received incremental pay rises throughout that time which has inflated your salary above what the market will pay.

My suggestion is to always have an idea of the premium you place upon your own time. When you work you are effectively selling your life off a day at a time, so at least understand what price you are charging for that day. This provides a useful yardstick against which you can assess whether a job opportunity is worth pursuing, whether you can afford to work part time, whether a set of chores is worth you personally doing (as opposed to staffing them out), and so on.

Good luck with whatever you choose, I hope you find your happy.


#6

I am glad to announce that I have found a new job that I love! :smile:
I actually quit my job in December and took a vacation with my wife. I came back fresh and applied to a job I really wanted.

I got called for an interview that same day.

The job is less than 10 minutes away from home (compare to 45 before), I got a corner office with huge windows (much better atmosphere), nicer colleagues, and a 15% raise! :wink:

Just need to be patient and never undersell yourself.


#7

Beautiful words, and also so, so true. Being patient is definitely not one of my natural strong suits, but I’m learning. And congratulations for finding a job that you like better than your old one. It sucks working a job that you hate. I know.


#8

First congrats on the new job. From my perspective, job satisfaction is a big piece of the pie. So is compensation. However my biggest concern from your description of the last situation would have been the lack of ambition or challenge. Honestly you should seek a balance between satisfaction, compensation and future opportunities. I’d be willing personally to sacrifice one of the three in the short run to get ahead in the other two. However from the sounds of your descriptions you were missing two. I wouldn’t take or stay at a job missing two.


#9

I like my job - LIKE - but don’t love it. And it was a career change for me, too. I started out in what I thought was my “dream job,” but it was also very restrictive. Jobs were temporary or seasonal, pay was just okay, and benefits were nonexistent, despite being a govt. job. Probability of FIRE = 0.

I went back for a second degree, and my current position pays several times what my old one did. I have great benefits, and I have the option to retire early. I don’t enjoy the day-to-day work as much, but I can afford to go on vacations AND save for the future.

For me, the sacrifice was definitely worth it!


#10

You might find the following blog post helpful
http://www.peterhorsfield.com.au/my-blog/229-cost-of-your-job


#11

That’s pretty damned awesome! Well done and congratulations are in order. Long may it last :slight_smile:

What kind of business are you in? Corner offices with big windows are mostly reserved for “big wigs” these days, I thought? :wink:


#12

finance… I guess I’m a medium wig :smile:


#13

I think it depends on where you are in your career. If you are fresh out of school and/or starting a new career, it’s important to look at the long term opportunities a less-than-enticing job can provide. I spent 6 years in a job I wasn’t fond of, but I gained valuable skills and met key people that later allowed me to transition into a role with a different company that I love. That opportunity would have never presented itself had I not stuck it out in a job I didn’t like.

Other the other hand, if you are in a dead end job with no long term prospects or networking opportunities, probably time to bail.

A lot of it is luck and timing I guess.


#14

There is a curve somewhere that young folks are fired up to have a job, middle age folks are a bit burned out and have lots of responsibility (careful for what you wish for) and then pre-retirees are happy again. So that might be a factor - sorry I don’t have the link.


#15

TAKE ME WITH YOU.

I’m great at cheesy bad puns, finger guns, and talking about “the game last night.”

Seriously though, congrats. My girlfriend feels stuck in her Finance position so I’ve been trying to keep her optimistic into finding a rewarding yet interesting position.


#16

UPDATE: just published a post that goes a bit more in details about the switch: http://ourfinancialpath.com/open-book-new-job-and-new-investments/


#17

I think everyone should love his own job he is doing so far. All the best!


#18

If you get everything according to your requirements and good salary. Then I think you should like your job. And continue for long time.


#19

If you are passionate about coding, you are golden and can really excel in any company. It may that you just don’t like your current responsibilities but it seems you still like working.

You can work on a coding project within your company. Just ask whether the software department within your company needs help.

Else, you can continue to hone you coding skills. In addition, continue to work for your FI and one day with your coding skills you may be able build a successful software company/product.


#20

Well my situation isn’t exactly the same as you describe, there have been significant changes at my company that have made me less happy. I’ve been having the same debate since I haven’t yet reached FI. Some days I find myself thinking I have it pretty good and my current job will get me to FI faster (and I don’t hate it by any means). Then other days I just want to quit and try something else.

I recently decided on a third option of taking a 3 month sabbatical. I am fortunately that I will continue to get paid with my full benefits (by using up my accrued comp time). Originally I wanted to take a full year off, but I thought three months would give me the time I needed to try out a few other things (as well as step back and really assess my current career).

I’m not sure if your employer offers any flexibility to take an extended leave (even if it is unpaid), but that might give you some space and time to work on your next step. However, I definitely think you should find another job. You sound pretty miserable and that will impact every other aspect of your life.

Good luck!!