If you want to move up the corporate ladder, you might first have to make a different kind of move entirely -- the kind to a new city.
"Once upon a time, you were born in a city, raised there, got a job there and retired there. But in recent years, Americans have become more likely to look for work beyond their hometown," says Glassdoor contributor Emily Moore. "In fact, the latest report from Glassdoor's economic research team … found that more than a quarter (28.5 percent) of Glassdoor users applied to jobs outside their metropolitan area. But does that mean it's a good idea to move for work?"
Of course, the answer depends on one's individual circumstances. Those who are struggling with the decision, however, should ask themselves a few questions, according to Moore.
One of those questions is: What are the job opportunities?
"Even if you already have a job offer, there's no guarantee that you'll stay with that company forever -- in fact, the Bureau of Labor Statistics reports that the average American changes jobs almost every four years -- so it's well worth making sure that the city you're thinking of moving to has a healthy labor market," Moore says. "Take a look at factors like the unemployment rate and the number of open jobs compared to the population in order to determine what the job outlook is in the areas you're targeting."
Likewise, ask yourself what jobs in your target areas pay.
"Even if you already have an offer from a company, you should look at whether salaries in the city you're thinking about moving to are generally higher or lower than your current location in case that particular opportunity doesn't work out," continues Moore, who also stresses the importance of cost of living. "When you make a major move to another metro area, odds are that the cost of living is going to be different than where you are. Sometimes, there will be just a small bump in the cost of living from one area to another, or even a decrease -- other times, though, you'll be looking at a drastic jump in expenses."
Home prices are a good indication of cost of living. "Look at the median home value or the median rent in the area you're looking at," Moore advises. "For other expenses, like groceries, entertainment and transportation, you can look at crowd-sourced sites like Numbeo."
The choice to move is yours. Before you uproot your career, however, make sure your choice is an informed one.More Tips:https://www.glassdoor.com/blog/should-you-move-to-a-new-city-for-workQuestions, Comments, Suggestions?Contact Successful Meetings Editor in Chief Vincent Alonzo with your "How To" ideas.