Is this a good time to leave my job?
Updated: Mar 10, 2021
“Somer, I've decided to move on from my company. I’d like to leave, take my benefit package and focus on landing my next role, but do you recommend I do that in this environment? And for senior technology executive roles does it put you at a disadvantage when you don’t have a job if you are looking for a job?” – Tech Exec
No to 1) leaving and yes to 2) disadvantage. I can see both sides of this, but you're asking for my honest answer. Here's why:
There are fewer opportunities right now, thus limiting your search. Most companies’ priorities have shifted from hiring.
Many hiring managers and recruiters have an unfortunate bias toward passive candidates. Like I said, unfortunate, but the truth is it will narrow your prospects.
Being out of work, pandemic or not, can take a mental toll. Confidence ebbs and flows with interview feedback. If in six months you haven’t landed anything, will you regret your decision, or will you be able to maintain your confidence? This comes down to you knowing you, and how you’ll react.
It’s important you’ve saved up enough money, the more senior in your career the more time it could take. Plan on a year to be safe.
See original post and comments: https://www.linkedin.com/posts/thisissomer_leadership-technology-executivesearch-activity-6655957719419285504-fM3V