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Description: Find preprint here: https://psyarxiv.com/3czyt/ Abstract: The movement towards open science is an unavoidable consequence of seemingly pervasive failures to replicate previous research. This transition comes with great benefits but also significant challenges that are likely to afflict those who carry out the research, usually Early Career Researchers (ECRs). Here, we describe key benefits including reputational gains, increased chances of publication and a broader increase in the reliability of research. These are balanced by challenges that we have encountered, and which involve increased costs in terms of flexibility, time and issues with the current incentive structure, all of which seem to affect ECRs acutely. Although there are major obstacles to the early adoption of open science, overall open science practices should benefit both the ECR and improve the quality and plausibility of research. We review three benefits, three challenges and provide suggestions from the perspective of ECRs for moving towards open science practices.