In other cases, especially in a down job market or an industry that's not doing well, it can make sense to look at alternative job options and downsize your career.
How do you move down the career ladder instead of up it? First, you need to consider the fact that you may earn less money. On the other hand, you may also have more flexibility, less stress, and more employment options. Then, you need to consider what alternatives are available and how to find and apply for them.
Moving Down the Career Ladder
Make a Decision. Decide if you can get by on a lower salary. If so, how much less? Are the benefits a lower level job may have worth what you are potentially giving up in a more lucrative position? Use a salary calculator to see what you could earn in a different job.
Consider Job Options. What are you interested in? What would you like to do? I know someone who left her job as a college administrator to work in a book store. Someone else left a financial services position to sell real estate. Others I know have decided to work at home, in a seasonal job, or at a couple of part-time positions. Review career and job options to get ideas.
Give it a Try. When you're not sure what you want to do, try it out. Consider a part-time job or volunteer to make sure that it is really something you want to do. Before you give up a high paying job, it makes sense to test the waters, if you can.
Revamp Your Resume. Resume experts usually tell you that you should highlight your skills and experiences to enhance your employment prospects. In this case, you will want to edit your resume, focusing on what you want to do (rather than what you are doing). Tone it down, so you don't come across as high-powered as you really are.
Use Your Cover Letters. When writing cover letters focus on your transferable skills that are relevant to the new job. You can use those skills to help explain your transition. Here's an example of a career change cover letter.
Get to Know Job Applications. You may never have had to fill out a job application, so it's a good idea to get to know them. You may need to fill out an online job application, a paper job application, or apply in person. Here's what you need to know about job applications and how to complete them.
Job Search. This part is one of the simpler steps in the process of downsizing your career. The higher the level the position the less jobs are available and the more competition there is. The opposite holds true, so you will have more choices and more job listings to consider when you're looking for lower level jobs.
Consider it a Transition. Instead of considering your new job a step down, consider that you're doing something different. Every job is of value, regardless of what we're doing. It's what you give - and what you get out of your work - that's important.
Be Humble. This is probably the most important advice I can give you. When you are moving down the career ladder, by choice or not, you may not be considered as the important person you once thought you were. Be humble, be flexible, and be willing to do what your bosses need you to do.