Joanna Barsh, Director Emerita at McKinsey & Company, reveals the questions you should ask yourself when deciding whether to stay at your current job or leave.
One of the most shared factoids about Millennials is their job history—more specifically, their job-hopping history. The data suggests that Millennials are more apt to leave a job than earlier generations. LinkedIn reported that, on average, Millennials will have four job changes in their first 10 years of work, double that of Gen Xers. Pew contradicts this: apparently, Millennials are staying with their employer about the same amount of time as Gen Xers (so job hopping within the company?). Is your head spinning yet?
Whether to stay or look for greener pastures is a classic young professional’s dilemma—an even harder decision nowadays. Companies’ social contracts are breaking down; benefits are eliminated in endless waves of cost cutting. As organizations restructure, jobs are eliminated or outsourced. Startups are no cake walk either. On social media, everybody is doing better and having more fun. In a contracting economy, leaving without a job is a risky strategy.
Staying Put at Your Job is also Risky
Your pressure-cooker environment is heating up. Your review isn’t good enough to get you that promotion. You’re working for a horrible bully. You’re without a sponsor and can’t find one. Speak up at your peril. It sucks where you work! You don’t know how much more you can take.
With over 250 interviews with rising leaders and HR professionals under my belt, I have some good news. By reframing the question, you’ll find more options than are visible to you now. Ask:
- Can I remove the thorn? Christine came to work each day with the intention to be her best self in sales at a large tech company. And she was; earning awards each year for her performance. As she saw men moving ahead and earning higher compensation, she felt triggered by unfairness. That hurt.
What’s stopping you from taking action to change your conditions for a happier outcome? Start with a granular assessment of the work you do, who you work with, and your environment. Digging into specifics, you’ll find that thorn and the courage to try and remove it. Before quitting, you owe it to yourself (and others). When Christine summoned the courage to ask for what she deserved, she got it.
- Is this still the right job for me? Sally was heading toward burnout as an overnight video producer. After each grueling night, her boss would critique everything that went wrong at 9 a.m. To say that was tough is an understatement. It was trial by fire.
What made you choose your job in the first place? Perhaps the industry intrigued you. Perhaps the company pulled you in. How has your perspective changed? If the company and industry still attract you, determine whether you can work through the current tough period. Sally built the “muscle” to handle pressure inherent in the work she loved.
- Can I grow in place? Elliott watched as his friends advanced. An assistant editor in a good company going through a difficult time, he was a strong performer. Elliott knew his boss was doing the best she could to help, but two years in, he was in the same spot.
What’s stopping you from building skills and know-how as you wait? Assuming no degrees of freedom for even a lateral move, there are almost always other options—an extra assignment, a training course, supplemental mentoring. How you grow is up to you. Elliott ultimately jumped two levels to become an editor of a new imprint; waiting had been worth it in his case.
Grow Wherever You Work is filled with people who left their jobs to find a better home—and people who stayed put to grow. They bear one striking similarity: while work was part of the problem (and the solution), so was the individual.
Before you quit, look inside.
Director Emerita at McKinsey & Company, Joanna served consumer-facing clients for over 30 years, leading growth strategy, performance transformation, and organization effectiveness projects. Joanna has also delivered keynotes, led senior discussions, and facilitated executive workshops at over 100 companies, governments, and organizations in more than 20 countries. She is the author of Grow Wherever You Work.