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So I'm 29, staring 30 in the face and I have had some ups and downs since graduating from college and serving in the US Army. I went to college, took a break and joined the Army. Got out of the Army, finished college in 05' and took on a commitment in the Reserves. I was laid off in 2006 but was going on active duty for a short stint anyway. I came back in 07' from active duty, started a business, and the closed my business six months later as I was off to active duty again. I came back from active duty in late 08' and found myself struggling to accept the pay and types of jobs I was being offered. In late 09' I sucked it up and started making my climb up the civilian ladder. I managed to get back into somewhat livable wages by 2010 after jumping from three different jobs. The job I landed at in 2010 was with a company that made itself sound very good, but treated its employees very poorly in Spokane, WA.
I left that position for what I saw as greener grass on the east coast. I found myself in a retail-manager-in-training position that I enjoyed very much, but paid very little, with a promise of higher wages in twelve. months. My lease to where I was living at was up after I had been at that position for seven months. I felt like I was ready to take on a store sooner and they had been offering stores to another trainee who had bee in the position for 14 months, but refused to take store because he was unwilling to move. After three attempts at trying to get upper management to consider offering one of those opportunities to me, I accepted a position with a competitor to run a store over twelve hours north in Minnesota.
I have now been at this position for a little over a month and have been putting up 75% gains at a store that was losing before I got there. I am making somewhat livable money again and would like to see myself in at least the $60-$75K salary range by the time I'm 32. Even though I'm making livable money I am also working anywhere from 55 to 80 hours a week which if broken down hourly isn't much better than minimum wage. I enjoy the industry I am in, and I am now looking 8 to 18 months down the road at where I want to be next. I doubt my current employer would want to pull me into a corporate headquarters position in that time frame. Do I stick it out or do I keep moving the chains forward by taking competitor offers? Are the gains I make in taking back lossed salary increases from the recession worth the long term effects my job hopping might have after I have worked my way thru competitors?
Any advice from those who were old enough to experience the Dot.com boom first hand?
No offense, but what does a dot.com boom have to do with working in retail?
So the first two posters to reply are focusing on the wrong parts of the post. The Dot.com boom had employees not having any loyalty. They jumped from one job to another as long as they were moving up the ladder. It could have been the ***** factory boom for all it's worth. I am talking about large numbers of employees job hopping, which for whatever reason, is looked upon as being negative.
I think the dot com boom was the beginning of the job hopping and the advantages of job hopping became clear. Job hopping was and still is the best way to make a big jump in pay. The increase is usually higher than the yearly pay increases you get staying put. Also, if you job hop you gain a wider set of skills and experience. Some of the job openings posted now require a little bit of that, a little bit of this, and really the only way to get that wide range of experience is to have job hopped.
Pensions are a reason to keep people in place, but fewer places have pensions.
At the big corporations, moving around departments is encouraged and employees will change jobs every 6-12 months with a pay raise at each transfer in addition to the yearly raise. The employees gain skills at every stop. Course employees never really become bonded or even fully knowledgable of any job by only staying in it for 6-12 months, but the company allows it and it makes financial sense for the employee.
Big time. Living social, facebook, twitter, skype, groupon, tumblr, linkedin etc.
Wait... What? Or are you being sarcastic? That micro-boom of web 2.0/social media is long over. I mean, it's valid... hasn't crashed.... but it's no longer "booming".
I don't think there is an IT boom from 2009 to present [Nov 2011]. Every Job Fair I've been to in Chicago rarely had any IT jobs. Back in the Dot Com era I went to Job Fairs and they were so loaded with IT jobs and hardly any Engineering jobs.
I don't think there is an IT boom from 2009 to present [Nov 2011]. Every Job Fair I've been to in Chicago rarely had any IT jobs. Back in the Dot Com era I went to Job Fairs and they were so loaded with IT jobs and hardly any Engineering jobs.
It seems that professional networking sites, such as LinkedIn, are where the tech jobs are to be had these days. There's definitely a mini-boom going on in the Bay area.
This thread isn't about a tech boom. As I said in my previous post, I don't care if it was a women's sexy toy factory boom (they blotted it out before), I'm talking about the job hopping that was going on then in the early 90s. Thanks to the one response this post received that was of some substance.
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