Long reads

How do you know when it’s time to walk away from your job?

Kirstie McDermott

Kirstie McDermott

Senior Content Editor, Amply

There have been many public resignations of late. In tech, Netflix founder Reed Hastings stepped down from his role as CEO in January following a 25-year journey with the company.

Hastings’ resignation was remarkable in that he orchestrated it himself, understanding that good leaders know when it is time to hand over the reins to the next generation. In a company memo, Hastings said, “Our board has been discussing succession planning for many years - even founders need to evolve!.”

New Zealand’s prime minister, Jacinda Ardern, also stepped down in January, telling reporters at her resignation press conference that, “It’s time”. Burnout was the clear indicator in Ardern’s case. “I know what this job takes. And I know that I no longer have enough in the tank to do it justice. It’s that simple,” she said.

Perhaps the most high-profile, not to mention public, resignation over the past couple of years has been the extrication of Prince Harry from the royal family. In 2020, he said, “It brings me great sadness that it has come to this. The decision...is not one I made lightly. It was so many months of talks after so many years of challenges.”

Whether it’s a clear-headed rationale, burnout, or sheer desperation that is the driving factor, there are many reasons why workers make a decision to leave their jobs. The with UK figures from Statista showing that in the third quarter of 2022 approximately 365,000 job-to-job resignations took place. That was not a patch on the previous quarter where 442,000 resigned, giving the highest number of resignations taking place in a single quarter since 2001.

Key indicators

If you are coasting at work and not sure if you should stay or go, there are a few key indicators that can help you to decide.

Examine if you may be burnt out. According to research conducted by Westfield Health, 46% of British workers are close to burnout. If you are getting the bare minimum done in order to scrape by and still hold down your job, then you may be ‘quiet quitting’. That attendant lack of engagement is a clear sign a change is needed.

Other important ways to assess whether a fresh challenge could be on the cards is by looking at your career potential at your current company. Are there clear paths for promotion and progression, and is leadership taking a strategic approach to succession planning?

Professional learning and development is also vital. If you are not learning new skills, being challenged to step up and develop your abilities, or if the company has no interest in offering learning and development opportunities, you will stagnate.

All of the above can damage your career prospects and earning potential, so if it is time to move on here are three jobs below worth a look. As always, the Finextra Job Board contains thousands of growth opportunities to check out as well.

Cloud Security Operations Analyst, GoCardless, London

Global leader in account-to-account payments, GoCardless is looking for a Cloud Security Operations Analyst to participate in the design, development, and implementation of cloud security architecture, strategy, and standards.

You will provide subject matter expertise on security detection and response capabilities, and be involved in the end-to-end process of security operations; from defining security use cases, through to incident response. To be considered you will need knowledge of recommended cloud security controls, fundamentals and best practices, experience using SIEM tools (ideally Splunk), and ability in using EDR or IDS/IPS tools. If this sounds like the job for you, you can get full information here.

Senior Full Stack Engineer, MoonPay, London

MoonPay builds web3 infrastructure for the crypto economy and is recruiting a Senior Full Stack Engineer to come up with the best solutions and implementation plans for new features or changes to existing ones.

You will implement UX and UI in MoonPay’s customer-facing app and offer design input based on existing design systems and components. Additionally you will be required to scale systems to support the company’s ever-growing partner and consumer base. If you have extensive engineering experience, are confident in developing, releasing and maintaining web applications in a fast-paced, iterative environment and can work a full stack role on the front and backend, this could be the position for you. See the full job description here.

Software Engineer - Java, Starling Bank, Manchester

Starling has built its entire banking platform in-house, mostly in Java. It is looking for a Software Engineer - Java who wants to work on building the tooling that is used by engineers on a daily basis.

You will contribute to Starling’s award-winning platform and internal tooling, build new features and products from scratch, and be able to see the impact that your work has on millions of customers. Open-minded when it comes to hiring, the company cares more about aptitude and attitude than specific experience or qualifications, so if you want to find elegant solutions to difficult technical problems, Starling wants to hear from you. Get the full details here.

For more opportunities across finance and fintech visit the Finextra Job Board.

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