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Career Growth Versus Job Security

If you're in the job market or at least open to new opportunities - a fair assumption since you're reading eFinancialCareers - which do you value more highly when weighing a possible new job: growth potential, security, or current compensation?

Have the priorities you assign to safety, growth or current pay changed over the last 12 months?

And, how would you determine whether one prospective job in a for-profit institution was safer than another?

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AUTHOReFinancialCareers News Insider Comment
  • Gu
    Gurpreet Kaur
    29 January 2009

    The answer to the question would vary a lot depending on a persons age and his financial obligations.

    Young and aggressive people who are single or have working spouses would choose growth over security. Since financial obligations are either few or shared.

    Whereas sole earning members would prefer security.

    With the kind of job losses reported the world over, security and safety most obviouly take precedence over growth. I think its time to stick to your jobs and, if at all required, take calculated risks and always have a Plan B ready to fall back on.

    Its also a time to hone our skills and get ready for the next bull run.

  • RM
    RMR
    29 January 2009

    Since I've been working for 20 years now and have lived a very simple life, I have a different situation than most people. I prefer great compensation.

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