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Career Advice

#CareerCrossroad: The Pros and Cons of Staying at Your Job While Job Hunting

By Joseph Cueto on July 7, 2015

So you plan on looking for a new job, huh?

If you’ve reached the point where you’ve had enough of your current job, you are no longer your happy, productive, and thriving self - then you can definitely say you are at a career crossroads.

Here, there are 3 paths you can choose from. You can a) jump ship aka resign, b) stay the course, remain on the job and hope things get better or c) all of the above. You can definitely play the “best-of-both-worlds” card and remain on the job while on the lookout for a new one. If you need it, Kalibrr has a guide on how to have a fear-free job hunt while you're employed.

Of course, as with everything, this scenario holds its own advantages and disadvantages.  Here is a quick guide weighing the pros and cons of staying at your job while job hunting that you may want to look at before deciding.

For more explanations, read on.

[INFOGRAPHIC]_Pros_and_Cons-02

PROS

CONS

Having a job makes you much more marketable to a potential employer
If you're at your current job, the most respectful thing to do is to give them at least a month's notice before you go. If you have an integral role there, maybe even more. But some jobs may want you to begin right away. If they aren't able to wait, you'll have to pass up on the offer.

Your current income and position form a reliable safety net to fall back on in case of an unsuccessful attempt to switch companies
It can be risky. What if someone in your current company finds out? This may cast you in an unfavorable light and make the rest of your stay miserable.

Having a job gives the employed applicant leverage when negotiating for a new job
Being in the job search process may prevent you from giving your utmost attention and commitment to your present job. Or even vice versa. If you're at your job, you may not be able to say yes to all interviews offered to you.

Going to interviews while you're at your current job may help you get a clearer comparison of the job you have now and the job you're going for. Does the company culture feel different in this new company? What are the differences?
If you’ve been raring to leave, staying at your job may lead to further dissatisfaction and unhappiness. Read: terrible performance

Staying at your company for a few more months during the job hunt and knowing you're going to leave eventually will help you look at the company and your work in a friendlier light. That being said, you'll be able to evaluate your stay there so far clearly and pinpoint what other skills you can learn while you're still there.
If you're lucky and the job you want is willing to wait until you resign from your job, chances are you only have a month or maybe even two weeks to rest before starting at your new job. For some people, this may not be enough time to recharge and ready your mind, heart, and body.

Going through this significant phase can open doors to personal discovery and yet-to-be-known highs and lows. Perhaps if you find yourself in this situation, it is best to take a deep breath and write your own pros and cons table. Remember that you have the capability to change your current professional state but that every choice you make will have a trade-off.

Which mindset would you rather have? "Jump and the net will appear" or, “wait-and-see if a net appears before I take the plunge”? Acknowledge what your gut is telling you and you will be able to figure it out.

Do you have more suggestions for our pros and cons list? Let us know in the comments below.