In the last few years, experts describe the current labor market as "candidate-driven," meaning that job seekers hold more power than employers. This means that you shouldn't rely on "age-old" guidance.
Standard advice used to be to stay in a job for at least two years and not to leave until you have your next one lined up. While that was true in the job market 20 years ago, it is not necessarily true in the constantly changing market.
Don’t quit your job before allowing your current employer to make a counteroffer. If you're a valuable employee, smart companies will attempt to convince you to stay, especially in industries where there's talent scarcity or specialized roles.
But most counteroffers are bad for all parties. Generally, 80% of those accepting counteroffers leave within a year and half of those who accept them restart their job searches within three months.You should make a decision based on the unique situation you are in and analyse both alternatives.
Your focus should be on finding interesting work and not worry about lateral moves.
The old model was that you were Assistant VP, the VP, then Senior VP. But in companies today, there's often nowhere to go in your current job or another one.
Ideally, it would be best if you never were looking for your next job, because you enjoy what you do. When you are fully immersed in what you do and can function at your best, searching for your next one is unnecessary.
Even if you've found a role that you love, you should continue to learn and grow to keep up with the changing world. Continuously look for projects that give you more skills and do things outside of your comfort zone, so you add to your skillset.
❤️ Brainstash Inc.