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re: For younger workers, job hopping has lost its stigma. Should it?
Posted on 12/23/23 at 3:38 pm to CaddoTiger64
Posted on 12/23/23 at 3:38 pm to CaddoTiger64
Employer offers you a 2-4% raise and your competition offers you a 20-30% raise for the same job. There is no reason not to job hop.
If I wasn't offered retention bonuses every year I would hop too, but I think it would be more fair to employees to just raise salaries, they don't want to because one day they might not need to offer the bonuses??? Not likely in my field.
If I wasn't offered retention bonuses every year I would hop too, but I think it would be more fair to employees to just raise salaries, they don't want to because one day they might not need to offer the bonuses??? Not likely in my field.
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Posted on 12/23/23 at 3:41 pm to Junky
I’m in a similar situation at the moment.
Got a really good company wanting me to interview. It would be a significant pay raise if offered the job.
I like my current job and I have no major complaints about my company I work for.
But it’s hard to pass up a 50% pay raise if offered.
If offered and I take it, it would be my 3rd company in 8 years. Which I feel is a lot.
Got a really good company wanting me to interview. It would be a significant pay raise if offered the job.
I like my current job and I have no major complaints about my company I work for.
But it’s hard to pass up a 50% pay raise if offered.
If offered and I take it, it would be my 3rd company in 8 years. Which I feel is a lot.
Posted on 12/23/23 at 3:54 pm to Yaboylsu63
Sorry if someone has mentioned this and I missed it, but I also think it’s beneficial for younger employees to work with multiple managers and on multiple teams in the first 5-10 years of their career for their own experience. Different companies and managers will have different good habits, strengths, weaknesses, and I think it helps a young professional’s skillset to have learned from multiple “mentors.”
Usually the best way to get broad exposure is to jump to a new firm at least once in your 20s or early 30s.
Usually the best way to get broad exposure is to jump to a new firm at least once in your 20s or early 30s.
Posted on 12/23/23 at 3:57 pm to Crowknowsbest
quote:
Usually the best way to get broad exposure is to jump to a new firm at least once in your 20s or early 30s.
I agree with that. At some point in your career, you'll most likely value stability over a little more money.
When you are mid-career or later, most job changes aren't coming with 30-40% pay increases unless you were being underpaid by a lot.
Posted on 12/24/23 at 7:45 am to fallguy_1978
quote:
I've only had 3 jobs in my field of study in 25 years and the first one was only a few years. It was a typical, low paying, first job out of college situation. I got engaged and left for a 60% raise.
I was at my 2nd job for 9 years, and I'd probably still be there if the company wasn't sold.
Been at the current one for 12. I'm paid well, get a lot of time off and have a good bit of seniority. Why would I leave unless that changes?
That's my situation, been with current company for 24 years. This topic is more complicated than "should I or should I not?"
I job-hopped for experience early on, 3 different employers in 6 years. But I see lots of resumes now with 7 or 8 jobs in a few years and that's a red flag, but that's just the I.T. industry. Others are probably different; can't speak to those. I imagine a sales career could involve job-hopping up to retirement age.
Twice before I landed with this company, while still in the experience-building phase of my career, I had to make decisions on multiple offers. Both times, the company I didn't choose wound up shuttering the local office and relocating within months of my decision. Pure luck, and I imagine certain industries are even more volatile now. In my experience it ultimately depends on the company you're with. Are there real opportunities for growth and promotions? Are the company's stability, culture & benefits worth staying?
Posted on 12/24/23 at 7:48 am to pelicansfan123
quote:
And you're supposed to suck it up not be a "job hopper?" Interesting...
I assume it's more of a red flag if an applicant has changed jobs every year for several years, and not so much if they have one it two short tenured mixed in with longer time periods.
Posted on 12/24/23 at 7:52 am to CoolHand
(no message)
This post was edited on 5/12/25 at 1:05 pm
Posted on 12/24/23 at 7:58 am to fallguy_1978
quote:
Same, but I don't mind so much if a candidate has had 3 jobs in 8 years or whatever. It's almost difficult to find those that haven't.
The pandemic also throws a wrench into the evaluation.
A lot of companies didn't survive the lockdowns or changed dramatically, and applicants might have just taken whatever they could get at the time.
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