Should you switch jobs or stay at one company? 👀 #shorts

Who will make more money: the person who switches jobs, or the person who stays at one job for years?

Answer: It’s likely going to be the person who switches jobs consistently.

BUT, income isn’t everything - it’s what you do with the money you earn that makes an even bigger impact. If you invest consistently and don’t lifestyle creep when you do get a raise, then maybe staying in one place is preferable for you.

For most people, switching jobs every so often will be the most effective way to ensure you have enough money to invest and set your future self up for success.

There’s balance in everything, but the main message is - look ahead and figure out what will be best for YOU!

#shorts

[MykKessler]

My favorite thing here is that they remained friends over all those years.

[carolynloftus]

I appreciate that this wasn't a straight up "this is better than that" and it's more about what works for different people.

[peterromba]

I like this approach—it shows that discipline matters, and the monetary differences don’t always outweigh the added stress.

[stevenroshni]

Companies need to treat their loyal employees like gold.

[cedric]

As someone who changes jobs every couple of years and changes locations every so often I can say your confidence in being put in a new situation grows along with your capabilities to talk to new people

[alexbrown]

I like how this video shows that both options are viable for different people, and that the important part is knowing that your job can't be your only source of income

[derekhauser]

Don't commit yourself to a company that does not value you. If you find a good company that values you, then you need to value them.

[mmack]

I stayed 10 years at a company and my salary only grew 7 grand. I changed jobs twice and almost doubled my salary.

[EAprima]

FACT - If she did this in Japan, she would be screwed for companies would NOT hire her due to her being unreliable. If the guy did what he did in Japan, companies would hire him in a heartbeat.

Your location is a huge consideration when deciding your methodology. Think and pick wisely.

[evelynsaungikar]

I know people who started at a company right out of college, stayed and then were laid off 25 years later. Not only they had no job network, they had never applied for a job since the internet became a thing, and all their social contacts were at their old job. Company loyalty is a one way street these days, companies don’t care about employees at all. Changing jobs makes you stay current and build your network, so you are less vulnerable when the inevitable layoffs/downsize/bankruptcy happens.

[buckeyehockey]

This is something I tried explaining to my dad. The days of find a job and stay until you retire are gone. Now it is often not in your favor to stay put.

[Undertaker]

I just switched jobs after 13 years at the same place. Salary increased 17k per year even though the new job is at a lower level and has fewer responsibilities. Never knew how much I was being underpaid until I started looking elsewhere.

[dracometeor]

My coworkers and I just had a pretty honest discussion about how much we all get paid and it was terrible. Another girl and I just got hired like 7 months ago. She's bilingual, I'm not, we both get paid about $21 /hr. A guy had worked there for almost 2 years, is paid $20/hr. A guy that has worked there 15+ years is paid $25/hr. A guy that has worked there for about 5 months is making close to $30/hr. (He renegotiated after threatening to quit) This just taught me that most companies don't actually value you, or pay you based on how long you've been with them. It seems like you have to threaten to leave or actually leave to get a raise.

[LC-uhif]

Its sad that changing jobs works out better than being loyal. A lot of companies don't value their employees anymore.

[benhagstrom]

After being laid off twice, I went for a secure job. The pay is less but my work/life balance is great for my kids and not worrying about losing my job during the coof was huge.

[Lannie]

Yep- my husband has moved around and it increased his salary by almost double. I’m a public servant, so loyalty is in my best interest, which is good because I hate changes.

[lemonadewithniecey]

I am not a person who changes jobs but I like this strategy and there is a big difference between looking for a new job when you don't have one and looking for a new job for improvement every 3 or to 5 years. You are looking to move up and sometimes you can move up in a company and sometimes you aren't going to move up especially if towards the beginning you didn't have the best reputation starting fresh might give you opportunity to move forward or up.

[MrsV]

We had nurses at our hospital that would cash out all their sick time and PTO every few years and quit. They’d take a short travel gig for 4-6 months and then reapply and get a SIGNIFICANT pay raise every time they restated work with us when they had gotten zero raises during their years with us. The senior nurses taught it to the younger ones so it looked like our turnover rate was horrific but in reality they were getting the raises that had been withheld from them in the smartest way they could. It wasn’t too long until departments like housekeeping, pharmacy, and even admin jumped on the trend and it worked BIG TIME for everyone.

[theconquered]

I work 12h shifts at a lab. If I go anywhere, I'll earn more money but lose a lot of the privileges I have earned as a result of my hard work. It's a tough choice and sometimes you just gotta do what's best for you

[Justin-cnhq]

It really depends on the company and the opportunities available. In a decade I went from 50k to 165k within the same organization.