Knowing the signs that your job is coming to a dead-end can help you decide if and when to quit a job. It is always best to clear the mind of emotions such as anger and jealousy when making these decisions. You must decide what is right for you and thoroughly weigh out the benefits and losses of quitting your current job. Make an actual list on paper or the computer and write them down! This article is to serve as a guideline and will present warning signs to help you decide when to quit a job.
Your financial expectations are a main factor to determine if and when to quit a job. Are you seeking an increase in income and are new opportunities ready for you now? If you can comfortably step into a new job at an established company making more than you do now, and do so without making drastic changes to your accustomed work schedule, attire, commute, etc. then go for it! I always recommend handing in a letter announcing formal resignation with two weeks notice. A new employer will almost always understand you need two weeks to start your new job. Your old employer might tell you to get out the door when you hand in your resignation letter, so always be ready for an instant confrontation at this time.
If you think your job or company is coming to a dead-end, then this situation should be handled much different. The ruling factor being assumed at this point is not monetary gain, but job loss, and the first thing to do is look for the warning signs.
Have employee hours and operations been cut? If yours or others hours have been cut, it is possible the company may be making budget cuts or replacing your position. Sometimes your job duties might be reduced and assigned to others which can be an indication you will be cut. Your employer might even go as far as to have you train someone else to do your job. Most of the time you will be left with no answers as to what is going on, but if they have reduced your hours and your income is now less because of it, then you can decide when to quit, or attempt to wait out the storm.
If you are considering quitting a job because you are simply not happy with it or bosses, employees, clients, etc. are not making it too difficult for you to bare, I also suggest to carefully weigh your options. Always try and work things through to the best opportunity. These opportunities can unfortunately been hidden on both ends, there might be a potential opportunity at your current workplace. My underlying advice is to always get a solid night sleep and think about things again in the morning. Knowing when to quit is important so take it slow!