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I ask this question because some people argue that stayin with the same company means having a good sense of job security but may ask if you can get used to a new company but also job hopping can mean you can't commit to one? So what is better to keep job hopping around for 1-3 years or stay in the same company for 10-30+ plus years until you retire? Im talkin about Information Technology but you can mention your industries too thanks I may plan to stay with the same company at the same job
There is not a one-size-fits-all answer. Some people are perfectly happy spending their career at one place, while others feel they need to leave for pay, promotional opportunities, etc.
There is not a one-size-fits-all answer. Some people are perfectly happy spending their career at one place, while others feel they need to leave for pay, promotional opportunities, etc.
I would say that if you are looking to increase your pay or further your career, then switching jobs is going to pay off more than staying in the same position. Just the way it is these days. Raises are rare and/or arbitrary, and the concept of company "loyalty" is no longer rewarded.
Depending on your field, moving to different employers and taking on responsibilities that don't exist in your present place of business may make you more valuable and marketable, just don't burn your bridges on your way out, and keep in contact with previous coworkers via linkedin if you can.
"staying put" makes sense in the public sector (pensions, etc), or if you gain a strong sense of fulfillment from your current job and environment.
I stay put since I'm public sector but I jumped around private to keep skills up since different companies did things differently. I stayed with a main company and jumped using PRN jobs though
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I consider 3+ years as enough to avoid being tagged as a job-hopper. If, after that time, there is no hope for a promotion, it's time to move on. Either go to a place with better potential, or for a higher level job elsewhere. With maximum annual raises running about 3%, if any, and the only way to beat inflation is promotion. Unless you have some good investments for the future, by age 45 or so it would be great to be at a place that still offers a retirement, and stay there but those are getting more scarce too.
I ask this question to myself often especially as I see people who joined workforce after me leave their job for new company or higher education. I wonder if I am satisfied in my position because it is the best thing for me or because I am too comfortable?
I am in technical area in a large company. I have had to switch jobs every year or every other year during my 8 years in this company. Because of all the switch I still feel new and don't actively look for job. All my job switches were due to reorganization (company push) instead of my own initiative. I have no clue how 8 years pass & when I see people actively looking/finding job after 2-3 years in the job, I wonder if I am making the best decision by staying.
I consider 3+ years as enough to avoid being tagged as a job-hopper. If, after that time, there is no hope for a promotion, it's time to move on. Either go to a place with better potential, or for a higher level job elsewhere. With maximum annual raises running about 3%, if any, and the only way to beat inflation is promotion. Unless you have some good investments for the future, by age 45 or so it would be great to be at a place that still offers a retirement, and stay there but those are getting more scarce too.
I agree with this especially if you are already not a senior level person. Not everyone can be a VP, etc, but if you're stuck in entry level work year after year after year, you need to change organizations.
I've been at the same company for 10+ years and am starting to come to the conclusion that it is time to move on. Merit increases barely cover cost of living increases and even promotions are capped. It makes getting that big salary jump very difficult.
Most of the time, if you want to make a big salary jump you have to move elsewhere.
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