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Right time for changing the company

 
Greenhorn
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Is it the right time to change the company ?
 
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Srilu Babloo wrote:Is it the right time to change the company ?


In my opinion there is no right or wrong time to change the company. Its all depends on your position in current company. If your position is not good or your not happy with current company then definitely it is the right time for you to change the company.
 
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Srilu Babloo wrote:Is it the right time to change the company ?



In my suggesstion it isn't.
You might have to settle for a much lower package than you deserve...
Also with the current market situation, when all companies are firing people, your chances of getting fired by your new employer are higher.
So, I would suggest you to make a switch only if its getting real ugly with your current employer.

All The Best
Mansi
 
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KJ Reddy wrote:If your position is not good or your not happy with current company then definitely it is the right time for you to change the company.



I must disagree. The US (where I assume Srilu is located because he didn't say otherwise on a US based board) is in a depression. In such times, while you may want to keep an eye out for jobs, it's not ncessarily the right time to change. Even if you can find a new job, there's a very real chance the new company may have layoffs say 6 months from now, and will follow a LIFO strategy whereas at his current company his risk may be lower (other concerns beyond LIFO include company cash flow and cash reserves, criticality of the role, political standing of the group, etc.).

--Mark
 
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Given the current situation, I will have to agree with Mark. Even if you are successful in securing a new position, if things turn sour at the new company, then generally The Last In Will be the First Out (LIFO ) . I have just started my new contract and keeping my fingers crossed . The project they hired me for got cancelled and they are trying to find me some other work.

Also, this is not the time to be complacent either. One should

-- keep networking
-- Stay relevant with regards to technologies, frameworks, IT strategies (SOA, BPM, etc), etc
-- Look at ways to have residual income, eg. blogs, writing books, freelance work, etc
-- Stay visible, e.g. take on more responsibilities at work, write blogs, write articles, open-source contribution, etc
-- Not take the prolonged leave of absence from work, unless you know for sure that they cannot survive without you
 
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Arulk,

The LIFO thing holds quite true in todays scenario! It was cool to read the way you put it!
 
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It may not be LIFO if you are strong enough in what you do, and if people have recognized it.
 
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It would be too adventurous to change company at this time unless you see lot of chances of getting laid off in current company. Have look at lay off tales at rediff Layoff tales
 
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