Want to Leave Your Job? Here's What to Ask Yourself First.

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WSJ Your Money Briefing 11 min 4 speakers 3 chapters transcribed 2 months ago
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ReliaQuest Advertiser 0:00
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J.R. Whalen 0:30
Here's your Money Briefing for Wednesday, August 4th. I'm J.R. Whalen for The Wall Street Journal. Burnout, cabin fever, the need for a fresh start. Call it what you will, but a year and a half in a makeshift home office has driven millions of people to quit their jobs in search of greater satisfaction or just something new. But is quitting your job the best move?
Rachel Feintzeig 0:55
I think sometimes people don't think hard enough and everyone needs to like take a beat and pause and really think this through.
J.R. Whalen 1:02
WSJ Work Life columnist Rachel Feinzig has been talking to experts who study workplace turnover and people who've left their jobs to pursue something better. Coming up, we'll talk about the pros and cons of resigning from a job and we'll hear from one worker who learned valuable lessons about quitting. That's after the break.
ReliaQuest Advertiser 1:18
This podcast is brought to you by ReliaQuest. Cyber criminals are constantly attacking. They want your data. They want your identity. They want your innovation. ReliaQuest fortifies your business with agentic defense, AI that detects, contains, and eliminates cyber threats in minutes. It helps your security team move faster at the work that matters most to protect the business now and delivers insights to help them predict what's next. ReliaQuest, agentic defense for the enterprise. Learn more at ReliaQuest.com. That's R-E-L-I-A-Q-U-E-S-T.com.
J.R. Whalen 1:56
Millions of people are quitting their jobs in search of something new. And while it's not unusual for workplace frustrations to trigger thoughts of moving on, people who act on their impulse and leave sometimes live to regret it. In a moment, we'll talk to one person who made an abrupt career move and now has some advice for anyone thinking of doing the same. But first, our Work Life columnist, Rachel Feinzig, is with us. She's been writing about recent changes in the workplace. Rachel, thanks for coming on the show. Thanks so much for having me. So Rachel, people quit their jobs all the time, but what specifically is driving so many people to rethink their career path now?

Why are millions quitting their jobs right now?

Rachel Feintzeig 2:28
I mean, some of it is just that so many people paused during the pandemic, right? So in a way, the big numbers that we've seen, especially this spring of people quitting, some of that is just kind of like a wave that's crashing down because people were kind of frozen in place during the pandemic, right? I also think there's been a big perspective shift for a lot of people in this moment. You know, we've faced this big crisis and it kind of causes people to rethink, like, what am I doing with my life? What do I want to be doing? And in many cases, the answer is, I want to quit my job and try something new.
J.R. Whalen 3:01
Now, you've spoken to people who study work resignations and turnover in the workplace. They often talk about something called turnover shocks. What do they mean by that?
Rachel Feintzeig 3:09
This one really great professor told me about this concept of turnover shocks, which is there's often like something that pushes someone to resign. It could be a coworker leaving. It could be being passed over for a promotion. And he made the point that in this moment, we've all kind of gone through a turnover shock just because we've gone through this big collective experience. And like I was saying before, it kind of has changed the way we've thought about our lives.
J.R. Whalen 3:34
And then leaving a job or even seriously considering it can be emotional for an employee, whether or not we're in a pandemic. How do the workplace experts suggest that people sort of manage that emotional energy before potentially making a move?

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