Thinking of Switching a Job in the Covid19 situation Think again

Here are few of the things that you should think before you think of switching a job in the current pandemic situation

The world economy is uncertain

No matter how much stimuli the governments across the globe will offer there is always a certainty right now that we are headed towards an economic slowdown and a complete economic uncertainty. The 2008 slowdown was a different story it was more of bloated projections and bloated numbers slapped and hit back to reality. It was more like waking up from a virtual world of numbers to realize that there was a calculation mistake here and there.
This time however its completely different. Sectors hit by the pandemic will take time to recover and very few sectors will be spared from being hit.

So when you are thinking of a job switch make sure you are confident that the company you are going to join has the funds and the vision and the runway to at least sustain for a year.

Layoff History

When thinking of joining a new firm always check on their layoff history. For an MNC what kind of culture do they have. If they don't meet their numbers or profitability have already let go of people earlier on. There are chances they might do that now companies will see to it that their margins are kept strong to stride through the situation

Sector/ Domain

When switching check out the sector and the domain. How much impact has the virus had in the domain for example a lot of travel related sectors will face a hit till there is a vaccine out there. So unless the domain is something which definitely have a scope in the pandemic like Medical research etc. Think again about switching.

Product Roadmap

Great you have a job offer from a product company. I can imagine you will feel you might just be safe. Here is some homework you need to do.

• Is the roadmap for the product for a year
• Do they have funding for a year

Only when you have answers to this questions then you should consider the jump.

Current Company Policies and Support

The reason why you might have opted for a jump is quiet understandable and most of these thoughts would have been before the COVID19 scare. However do check on how did your company react to the COVID19 situation. What is their stand for layoffs and other things. Yes pay rises and promotions may not be on the cards but is it going to hit you in the longer run. Would it be safer just to hold your horses. Think about it.

Overall before taking any steps make sure you get a pen and paper. Solitude is a gift that this pandemic has given us with the lock downs around so use it do lots of homework at home and then take a leap of faith.

Words of experience its always better to be safe than sorry. So find out the safer bet. It may cause your dreams to be put to hold for a year or to but its better to be slow right now. The tortoise did win in the longer run for once take it slow.

Be happy stay home stay safe.