So, after thinking about your current situation, you’ve decided to quit your job. Whatever the reasons behind this decision, it’s now time to inform your boss and co-workers. But should you wait until you receive another job offer, or is quitting now without other work lined up the best choice?

Let’s take a look at the pros and cons of this complex issue. Either way, giving your current employer at least two weeks’ notice of your impending departure shows you are a true professional.

Sometimes Finding a Job Before Quitting is Simply Wiser

In many cases, circumstances require you to secure another job before quitting your current position – no matter how bad things are in the office. Typically, financial considerations come into play as part of your decision-making process. If your savings account can handle a few months without work, consider quitting first to let you focus on a dedicated job search.

However, if you have a family, their needs probably won’t allow this strategy. This means you need to conduct your job search activities during your lunch hour or in the evening. This obviously requires more effort on your part.

Making the effort to build a large professional network during your career gives you a source for job leads before the general public. Ask one of your trusted colleagues to keep you in mind when they hear about any great opportunities. Anything that streamlines the job search process means you are able to leave sooner.

When to Quit Without Another Job Waiting For You

There are some instances where quitting your current position before accepting another job offer is simply the right approach. If you are relatively new to your career without any ties keeping you down, follow your heart and just resign your position. Entrepreneur Tess Vigeland made a similar jump in her career and offers some advice.

“Decide what your worst-case scenario is, and how far down the road toward that worst-case scenario you are willing to go. What kind of income loss are you willing to accept, and for how long,” said Vigeland.

Also, if you take this approach, expect to explain the gap in your employment history on future interviews. Hiring managers tend to focus on this information when parsing through résumés.

Ultimately, this is an important decision not to be taken likely. Be sure to analyze all sides of the issue and decide what’s best for your career.

When you need insights on navigating the twists and turns of your career, speak with the expert recruiters at Peyton Resource Group. As one of the top staffing agencies in Texas, we know the companies looking for talented professionals like you. Connect with us soon