Career (occupation) changing

Changing occupation is an important aspect of career and career management. Over a lifetime, both the individual and the labour market will change; it is to be expected that many people will change occupations during their lives. Data collected by the U.S. Bureau of Labor Statistics through the National Longitudinal Survey of Youth in 1979 showed that individuals between the ages of 18 and 38 will hold more than 10 jobs.

There are various reasons why people might want to change their careers. Sometimes career change can come as the result of a long-anticipated layoff, while other times it can occur unexpectedly and without warning.

A survey conducted by Right Management suggests the following reasons for career changing.

• The downsizing or the restructuring of an organization (54%).
• New challenges or opportunities that arise (30%).
• Poor or ineffective leadership (25%).
• Having a poor relationship with a manager(s) (22%).
• For the improvement of work/life balance (21%).
• Contributions are not being recognized (21%).
• For better compensation and benefits (18%),
• For better alignment with personal and organizational values (17%).
• Personal strengths and capabilities are not a good fit with an organization (16%).
• The financial instability of an organization (13%).
• An organization relocated (12%).