Episode 9 – Why You'll Never Leave Your Big 4 Job
In today’s episode, we’re going to discuss 4 reasons why you’ll never leave your big 4 job.
Find the full show notes for the episode at RecovingCorpholics.com/9.
There are many reasons you may want to change jobs. And as much as you want to leave, actually doing is tough. Especially one where you make a great salary, have great benefits, have a big brand behind you and now for some, never have to go into the office again.
However, for those who are still thinking about leaving and feel stuck, here are 4 reasons holding you back from leaving and tips to work through each.
1. You have no idea what you want
The first thing that is keeping you at the job you hate is that you have no idea what you want. This is the thing that kept me stuck for so long. I knew that I didn’t want to be in my current job anymore but I had no idea what I wanted to do next.
Too many people who want to quit their job don’t have a next step planned. And if they do, it’s only half thought out. Let me explain.
If you aren’t happy in your job, must likely, you are looking for a job that improves upon the thing that is making you miserable.
Don’t like you team or boss? Well, moving to a new team or getting a new boss will do the trick. Don’t like that you travel a lot, or don’t like that you don’t travel at all? Well, switch to the opposite.
I mean this in no offense to anyone, but most people will look for the quick, easy solution to their problems. It’s like putting a band aid on the real problem.
I used to be no different.
When I was in audit, I hated the hours and that the work was so boring. The solution? Going into consulting where the work was always different!
When I was in consulting where I couldn’t do the travel anymore, what did I do? I went internal.
But when I was internal and couldn’t do the work as I wanted to make more of an impact, I finally decided to take a look at my career and figure out what I actually wanted – instead of just taking another job to check the box.
So, if you are unhappy and don’t know what you want, sit down, make a plan, and take the time out to figure it out.
2. You’re too busy
The second thing that is keeping you at the job you hate is that you’re too busy to look for another job. Sometimes we are too busy and things come up but to me, you spend time on things that you prioritize.
If you want to work out, you will find the time. You’ll wake up early, go on your lunch break. I used to do the 7-minute work outs in my hotel room. I always found the time because working out was important to me.
But when I was searching for what I wanted to do next back in Consulting, I kept putting it off. Why? Honestly, because I had no idea where to start. So instead of just sitting at the computer, I decided to do something else.
Want to leave your job, make the time to do so.
3. You’re addicted to the money and benefits
Now, this next one is a real thing and keeps a lot of people in their jobs. What is it? Money!
I want to talk about two scenarios involving money here.
First, it’s jumping to a new job that aligns to what you want and taking a pay decrease and the second is wanting to switch just because you feel underpaid and want a pay increase.
So, let’s talk about the first scenario- wanting to change careers to something that has a lower salary.
When I first wanted to switch into the world of coaching, something I had such a passion for, I was hesitant. I wanted to leave a secure job making 6 figures and full benefits for a passion?
It took me 3 years to get over the fact that money isn’t everything. That my happiness was more important that how much I was bringing in.
Now money is important, don’t get me wrong. But what I never did till year three was actually go through my finances and see how much I really needed to live and how I could make money with my coaching business vs just doing it on the side as a hobby.
I do say this a lot but if you want something to happen, you have to make a plan and make it happen.
What’s the first thing you do when you get on a new engagement? You make a project plan and figure out what you are doing. Life is no different.
I soon realized that all I needed was a couple of months to ramp up and a couple of months in savings to get me to my goal.
Second scenario – you feel underpaid. Maybe you are? But it could also be that you’re not good with managing your money. And jumping to a new job with more money, you ‘re just going to feel the same where there in due time.
When I made x amount when I was a senior associate, I remember always feeling broke. I mean, I still couldn’t afford a 1-bedroom NYC apartment on my own. And when I got promoted to manager, I remember thinking, I couldn’t afford to buy a house.
See, as I made more money, the more money I spent and the quality of my life went up. I had to really take a step back and see what I was doing with my money.
Honestly, I feel like the best I ever was with money is when I was an Audit associate as I really had to plan every dollar. And it wasn’t until I wanted to start my own business, did I really look into my finances.
Now I am not telling you that you need to check yourself and downgrade your quality of life. The message I am trying to say is before you quit to find a new job, I want you to think more than just money so you’re not in the same place a year from now.
4. You’re addicted to the status
This was probably the hardest for me and why I decided to start Recovering Corpoholics. I wanted to quit for the longest time and I kept telling myself that it was for all the reasons above. It was the money; I didn’t have the time or I didn’t know what I was going to do.
But it really wasn’t any of that. I didn’t realize till after I left that one of the biggest problems, I had was that I was addicted to the status. I didn’t know who I was without my job title or the Big 4 brand behind me.
My friends always called me Fe-I-P. From traveling so much, I had VIP status everywhere. I was always upgraded to first class, the bigger rooms, you name it. It was nice.
It was also nice telling people what I did and who I worked for. And that was my problem. I let my job become my identity.
I talk about this in episode 1 where when I first left, I had to answer, tell me about yourself. And for the first time, I didn’t have the big brands or titles behind me.
This wasn’t easy. I had to remind myself everyday what I was doing and what I was going to accomplish. Now, I can’t imagine ever going back.
If you want to leave your job and worry about what others will think of you – more importantly – worry about what you’ll think about yourself – it’s time to take a step back and reevaluate who you are and what you want to do.
Life is too short to live for someone other than yourself.
That’s all I have for today’s episode. I hope you enjoyed it.
Stay inspired and live powerfully,
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