ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Considering a Career Change?

iQuanti: Changing careers or transitioning into a new role can be challenging — especially if you don't know where to begin. Before you start applying to jobs and editing your resume, here are ten things to think about:

1. Will you have to start at entry level? Depending on the job and industry, you may have to start at the bottom of the ladder. Starting from scratch can be intimidating, but it can be worth it if the job pays off in the long run or brings you closer to your goals. 

2. What is the pay difference? Do some research to figure out what this new role would pay and compare it to your current salary. Maybe it's more than you're making now. If not, consider how long it would take for you to make up the difference; it may help to weigh this against other potential rewards, such as job satisfaction and career fulfillment. 

3. What about benefits? How will a career change affect your benefits package? Research what kind of benefits and perks are available in this new industry. If you have to go freelance at first, will you need to get your own health insurance, dental, or life insurance? If this is the case, you may want to see what options are available and how they'll factor into your budget — will you need to get a health insurance policy from the marketplace? Is this the time to consider whole life insurance?

4. Do you need to learn any additional skills? The skillset required for your new career may differ slightly from your current role. Consider what your skill gap might be and how you can learn these new skills. Do you have to go back to school full- or part-time? Are there online courses and qualifications that can help you? 

5. How can you translate your existing skills into this new role? What skills have you learned throughout your career? Chances are, they don't just apply to one industry. Think about the transferable skills that could help bring value to your new career and highlight these on applications, resumes, cover letters, and during interviews.

6. Will you have to relocate? Depending on the job, this may be a requirement — particularly if the industry is concentrated in one place. Before making any decisions, consider how relocation will impact your lifestyle, finances, and personal circumstances. 

7. Work-life balance and flexibility. What is the work culture like in this new industry? Is it relaxed or do employees tend to work long hours? Research the working hours, holidays, overtime, and flexible options available in this industry. Think about how this will affect the amount of free time you have outside of work, and whether it works for your lifestyle. 

8. Job security. Consider the stability of the job market in your new prospective career — is there a lot of competition or is it a fast-growing industry? Do layoffs happen often? Is the industry stable overall?

9. Opportunities for advancement. How easy is it to climb the career ladder in your new industry? It can help to think a few steps ahead — are there any training opportunities that can help you progress into higher positions? 

10. Networking and contacts in the industry. If you're switching careers, it's worth connecting with people who already work in the industry to get advice and insights into their own experiences. You can reach out to your current network, find connections online, or attend networking events. Getting individual perspectives can be incredibly valuable when making a decision as big as this one.  

These are just some of the considerations when looking at a career change. If you're serious about making the switch, make sure to do your research, think carefully, and weigh all options before making your decision. 

Contact Information:
Keyonda Goosby
Public Relations Specialist
keyonda.goosby@iquanti.com
(201) 633-2125


Original Source: Considering a Career Change?
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.