Now Is The Best Time Of Year To Start Your Job Search. Are You Ready?

The beginning of January is the most opportune time of year to seek out a great new job. Whether you’re unhappy at work or just want to test the waters to ascertain if you can obtain a better, more well-paying job, this is the perfect moment to start your search.

There are instances in your career when you may feel it’s right to start looking for a new job. It could be when you feel stuck in a quagmire at work, layoffs have been announced, you’re not appreciated by management or are grossly underpaid. Your reasons may be valid; however, the timing may not be aligned with the current needs of the job market.

Management and the human resources division have their budget and headcount approved. They are now ready to replace those who have left the company and add to staff as well.

There are seasons and occasional time periods when it’s advantageous to seek out a new job. These stretches of time are prime for candidates, as everything converges to make it a job-seeker-friendly environment.

There is just something that feels natural and right about engaging in a job search during January. Looking for a new job fits in nicely with a person’s New Year’s resolution. Usually, people promise themselves that they will lose weight, stop smoking or drinking, go to the gym more often, stop complaining about the annoying boss and secure a new job

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The start of a new year ushers in a feeling of promise and new beginnings. Mentally and emotionally, it’s a nice time to begin looking for a new opportunity and for a hiring manager to find a terrific new addition to the team to start off the year on a happy note.

Over the last couple of months, there has been light hiring happening during the Thanksgiving and New Year’s holiday season. Hiring crawled to a standstill due to vacations, a general renewed focus on family, friends and shopping, companies closing out the books for the end of the year and potential job seekers pulling back to enjoy the holidays.

During the holiday season, there was a lighter workload. Having a few less people wasn’t a problem. Hiring managers will soon start to feel the pressure of having too many empty desks. Now that business is getting back to normal, the absence of a key employee is felt by everyone. The supervisor is motivated to quickly find a replacement to ensure that the staff is keeping up with its responsibilities.

Management and the human resources division have their budget and headcount approved. They are now ready to replace those who have left the company and add to staff as well. Year-end reviews, raises, bonuses and promotions have been taken care of and the sole focus for the company is moving forward into the new year.

Many prospective candidates put their job search on hold over the holidays. They’d rather push the pause button and try to enjoy the season. A majority of potential job seekers prefer to relax, spend time with family and friends and are not keen on subjecting themselves to the anxiety and stress associated with looking for a new job. They also sit on the sidelines to wait and see if they will receive a bonus, raise, positive annual review or promotion.

If they are rewarded and shown appreciation, then the anticipated job seekers may decide to stay with the company, as they feel the love. If they do not believe that the company values them, employees will actively engage in a job search. As people move, more jobs will become open. It becomes a game of musical chairs, as people switch seats.

If you’re interested in seeing if there are more attractive opportunities available, this is a great time to start your job search.

Forbes.com | January 6, 2020 |  Jack Kelly