EP 64 - Making a Smooth Transition: Navigating a Job Change

Hello and welcome to More Than Money! In today's episode, we'll be discussing the importance of preparing for a job change. We'll be sharing valuable strategies that will help you land your next dream job. We'll start by talking about the essential steps that you need to take when preparing for a job change, including updating your resume, networking, and identifying potential job opportunities. We'll share with you some useful tips for finding job openings, such as job search engines, online job boards, and professional networks. Next, we'll delve into the different stages of the hiring process, including submitting applications, interviewing, and negotiating job offers. We'll give you some valuable advice on how to ace job interviews, such as researching the company, preparing for common interview questions, and dressing appropriately. Moving on, we'll cover strategies for making a smooth transition to a new job, including notifying your current employer, setting expectations with your new employer, and managing your finances during the transition. We'll also emphasise the importance of negotiating salary and benefits, understanding the value of your skills and experience, and effectively communicating your worth. In addition, we'll provide valuable advice for financial planning during a job change. We'll talk about how to plan for gaps in income between stopping and starting a new job by building an emergency fund or taking on freelance work in the interim. We'll also highlight the importance of researching the average salary for your position and negotiating for a fair wage, as well as understanding the benefits package and retirement plan offered by your new employer. Thank you for tuning in to this episode of More Than Money. We hope you find the information and strategies we share today helpful as you prepare for your next career move.

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Episode Sponsor | This episode is brought to you by ⁠⁠More Time Financial⁠⁠, a financial planning company that is on a mission to help young Australians make smarter decisions with money by providing real-life financial advice, coaching and financial education.

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Disclaimer | In preparing this podcast episode, the contributors have not taken into account any particular person's objectives, financial situation or needs. Before acting on this information, you should consider its relevance to your personal circumstances.