FAQs: What to Consider Before Leaving a Company and Going Elsewhere 

Looking for a new job? Need a quick list of questions to consider when deciding whether to stay or move companies?  

 Well, here you go…  

Why am I considering leaving my current job? 

Clarify your reasons - e.g., are you looking for better pay, career growth, work–life balance, relocation, or new challenges which your current firm can’t fulfil? Or does your present company have a toxic culture?  

Knowing your “why” helps guide your next move and confirms whether moving companies or staying where you are is the right (only) step. 

Have I fully explored opportunities within my current company? 

If it isn’t the company, just the job you’re ready to change, check if there are internal transfers, promotions, or flexible arrangements that could meet your needs without moving. 

Exhaust these avenues first so it’s one less nagging thought in the back of your mind. 

Is my decision based on short-term frustration or long-term goals? 

Ask yourself whether current issues are temporary (e.g., a tough project) or structural (e.g., poor leadership, lack of growth). 

If a current challenge will end and you’ll move onto another project, is it best to wait it out? 

What are the financial implications of leaving? 

Consider salary changes, bonuses you might forfeit, benefits (healthcare, retirement contributions, stock options), and any relocation costs. 

Have I compared the total compensation package? 

Look beyond base pay.  

Compare healthcare, retirement, paid time off, parental leave, stock/equity, and perks at both your current and potential employer. 

What will my career trajectory look like if I stay vs. leave? 

Think about your long-term goals.  

Which company offers opportunities, skill development, exposure to new industries, and whether your new role aligns with your future goals. 

Working your way towards your dream job can determine whether you stay or move. 

How stable and reputable is the company I’m moving to? 

Research financial health, leadership, employee reviews, and turnover rates.  

Stability matters, especially if you’re leaving a secure role, and more-especially when you have commitments, for instance family responsibilities. 

How will leaving affect my professional relationships and network? 

Consider how to maintain positive ties with colleagues, mentors, and clients - burning bridges can hurt future opportunities, while building networks can be a huge benefit later on. 

What’s the best timing for a job change? 

Think about project deadlines, upcoming performance reviews, bonus payout dates, or personal life events that may influence the timing. 

How do I resign professionally and gracefully? 

If you’ve decided moving firms is the right step, prepare a polite resignation letter, give appropriate notice, and offer to help with transition planning to leave on good terms. 

Remember your current firm is likely to give references and you want them to be good ones. 

Am I prepared for the learning curve in a new role? 

Changing jobs often means adjusting to new expectations, tools, teams, and processes.  

Ask yourself if you’re ready for that challenge now. 

Do I have a fallback plan if the new role doesn’t work out? 

Consider financial buffers, maintaining professional connections, and thinking through how to pivot if needed. 

How will this move impact my personal life? 

Look at commute, travel requirements, work–life balance, flexibility, and whether the new role supports your lifestyle and family needs. 

Is this decision aligned with my values and long-term purpose? 

Beyond practicalities, think about whether the new company’s mission, culture, and environment feel like a good fit for you.  

Final thoughts… 

When deciding whether to look inside your current company for a promotion or move company’s all together, it’s more than just salary that needs consideration. To be truly amazing at a job you’ll spend a good part of your day at, you need to be happy with the company employing you.  

Consider the above questions, do the research and open doors, either where you are or elsewhere, to a job you can excel at while being appreciated for doing so. 

Lastly, I wanted to wish you luck whatever you decide to do. 

Success is within your grasp! 

Good luck,