Pay or Purpose: How Important is Money in a New Job?

Changing jobs is never easy.

Whether you’re actively looking for a new role or if you’re just considering your options, it’s good to outline what you want from a job.

In today’s competitive tech market, companies are throwing out higher and higher salaries to secure talent.

To avoid getting blindsided by money and finding yourself in a job that you don’t enjoy, it can help to set a list of questions to ask yourself. Keeping these questions in mind when looking for a new role or throughout the interview process will help keep you on the right track.

Here are 4 questions to help establish what you want in your next job:

What environment do you work best in?

A job may look perfect on paper, but it is important to consider whether the company environment is one that you would work well in.

From dress code to business structure, finding the right fit for you is crucial to your happiness in the role.

If you are a person who hates the commute and prefers a remote or hybrid role then compromising on this for salary may lead to burn-out in the longer term.

Likewise, if you know you love being part of a team, get a feel for the dynamic during the interview process. If it feels like an environment where you will be pushed to meet personal targets and there isn’t a wider team dynamic, then will you be happy working there?

What are you passionate about?

Now, more than ever, people want to work for companies who are working towards something they are passionate about.

If you want a job where you feel like you are making a positive impact on the world, then you are not alone. More and more people are looking for jobs with a purpose.

Knowing what you are passionate about will be a great help to you in the long run and will allow you to map out your plans. You may be interviewing for a six-figure salary job, but do you actually care about what the company does and what your role entails?

Of course, not everyone is passionate about what they do, and some people don’t find that passion comes into play when weighing up job options. But whilst you may think a higher salary will make you happier, the day-to-day aspect of your job can have massive implications on your mental wellbeing.

So, what are you passionate about?

Where do you see yourself in 5 years?

If the last year has taught us anything it is that no one can predict the future, and plans will inevitably change as the world does. This being said, having some level of plan for your future development will help you make important decisions in the present.

Knowing where you see yourself in both a personal and work sense is necessary when it comes to finding the right role for you.

If your goal is to be a senior software developer, pick the company that will offer you the best training and career progression to help you meet that end goal.

Starting a new job can feel like an exciting step in the right direction, but when the excitement wears off, having opportunities for personal and professional development will help keep it fresh.

What do you value?

There are no right or wrong answers to this question, but knowing what things are most important to you are crucial when looking or applying for jobs.

Perhaps you value family time, and the job doesn’t allow you the flexibility you need. Maybe you love getting away and relaxing and the company doesn’t offer as many days holiday as you are used to.

If it feels like you are compromising something that you value in return for a larger salary, ask yourself whether you will be happier in the long term.

You might find that the job you love offers a salary to match- something we are more than happy to help you find! But having these 4 questions in mind when considering or applying to a new job will help you find the best job for you.

If you know what you want, don’t allow yourself to be knocked off course by a last-minute salary increase.

In the current war for talent companies are willing to pay more, and whilst it is important to know your value, it is more important to know what you value.

We would love to help you with your career search. Get in touch with our team at 0117 428 0600.

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