How Common Are Career Changes?
In today’s world, it’s becoming increasingly common for individuals to switch careers. The decision to change careers is a big one and can be driven by a number of reasons such as a lack of job satisfaction, the desire for better career prospects, or a change in personal circumstances. Knowing how common career changes are can help people understand that they are not alone in their decision to switch careers.
How often do people change careers?
Career changes are not a new phenomenon, but they have become more prevalent in recent years. According to a career change study, the average person changes careers five to seven times during their lifetime. Another study found that millennials are more likely to change careers than previous generations. The reasons for this trend are varied, but they include the changing job market, the rise of entrepreneurship, and the desire for better work-life balance.
Some of the most common industries for career changes include education, healthcare, and technology. Many individuals in these fields have transferable skills that can be applied to other industries, making it easier for them to make a career change.
How many times do individuals change careers in their lifetime?
The number of career changes a person makes in their lifetime can vary greatly. Some individuals may stay in the same career for their entire working life, while others may change careers multiple times. According to the Bureau of Labor Statistics, baby boomers held an average of 11.7 jobs between the ages of 18 and 48. However, this number does not necessarily indicate how many times they changed careers.
A more recent study by Indeed found that 49% of workers had made a significant career change at some point in their working life. The study defined a significant career change as moving into a different industry or job function.
What are the main reasons people change their career path?
One of the main reasons people change career paths is due to the need for more money. With the cost of living constantly on the rise, people are often faced with the choice of taking a job that pays more. For some, this means switching to a profession that offers a higher salary or more room to grow in the future. It could also mean taking a job in a different field altogether, such as switching from a career in education to one in the tech industry.
Another reason for career changes is personal growth. People may feel that their current job is no longer challenging them or meaningful enough for them, so they seek out something that will give them a sense of purpose and allow them to grow. This could involve taking on more responsibility or learning new skills to broaden their horizons. Additionally, people may choose to change career paths in order to align their work more closely with their values and beliefs, such as moving from a career in finance to one in the nonprofit sector.
How do you know if it’s time to change career?
It can be difficult to know when the time is right to switch careers. If you’ve been feeling unfulfilled, stuck in a dead-end job, or just generally unhappy with your current career path, it may be time for a change. One way to test your interest in a different career is to take quizzes or personality tests online to see which jobs and industries suit you best. For example, if you’re interested in the financial industry, there are many different career paths you could take. Taking a finance career quiz online can help you determine which financial career best suits you, whether it’s in corporate finance or financial planning.
Online career tests can give you insight into what areas of work you’d be best suited to and whether a new career in the topic is something you should consider. Additionally, it’s important to take some time to think deeply about what you want to do and what career would make you happiest. Once you’ve explored your options, you’ll be better equipped to make an informed decision about a career change.
Tips for considering a career change
If you are considering a career change, there are a few things you can do to make the transition smoother:
1. Assess your personal values and goals – It’s important to take the time to reflect on what is important to you and what you want to achieve in your career.
2. Explore career options – Research different industries and job functions to see what might be a good fit for you. Reach out to people in those industries for advice and guidance.
3. Seek advice and career guidance – Talk to a career counselor or a mentor who can help you navigate the career change process.
4. Build new skills and education – Consider taking courses or attending workshops to build the skills you need for your new career.
Career changes are becoming increasingly common in today’s fast-paced and constantly changing job market. If you are considering a career change, know that you are not alone. Take the time to assess your personal values and goals, explore career options, seek advice and guidance, and build new skills before taking the leap into a new career journey.
With more than 20 years of progressive experience as Program Manager and Project Manager had led complex IT projects/programs in a wide variety of industries in America, Latin America & Italia.
Mario Bisson Andini is an advanced Program Manager who is the founder of Bisson Training.