Job Hopping Is Officially Over?

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Is Job Hopping Officially Over? The latest data suggests that job hoppers are no longer getting bigger salaries and higher bumps in wages when moving to new companies. So there's less incentive to change jobs than a couple of years ago. So what can we do?

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The way I view job hopping is:

1. Master Skills within the current job
2. If the job doesn't promote you, search for another job that will grant you higher pay.
3. Apply
4. If hired, Take the job.
5. Repeat step 1 - 5

dkbattle
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I don't want to job hop. I just want to be paid fair market rate and be able to stick with a company long term. I'm doing okay, but it's crazy how hard it is to pull all of that off.

VBrinkV
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12/27/2024 I was told I was being laid off, 12/31/2024 was my official last day. 7 years with a company I worked my butt off for, went thru 3 management rotations, 4th one wanted to bring there own team in, my original COO says, “thank you for all you’ve done, we are just going in a different direction. “ took a month off, sharpened up my resume, first day of work today with a 35% jump in pay! Let’s goooo! Wish I would have switched sooner.

hvactechism
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I do not like job hopping but having a bullying, micromanaging, incompetent manager is soul sucking.... there comes a point where your survival depends on leaving....

ConstructionHoney
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Wow. So it used to be that companies would provide incentives to stay (more vacation by years of service, 401k vesting schedules), but you’d get more money by job hopping. Now companies have no incentives to stay (immediate unlimited PTO and full vesting), yet they don’t really want you to stay and will lay you off. It makes zero sense to me why we keep hearing “no one wants to work”. If only work environments were attractive…

ryankemp
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If you don't want me to job hop, pay me the market rate for my skills. No cash, no loyalty. Yes, I'm petty. Yes, I'm greedy.

vaaaaaas
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Job hopping will end once companies stop giving higher salaries to new hires.

Some_Guy_From_The_Internet
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There is no loyalty and protect yourself at all times. If you have to hop and jump do it.

Jupiterxice
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If they want people to be loyal... then bring back incentives to be loyal. I work for one of the biggest banks in the world, we get a few extra vacation days at year 5 and 20. Nothing before, in between or after and usually new hires start at your level... I've been there about 10 years and have another 10 to go to get any perks... so there is pretty much no incentive. It's very sad.

BoldFollower
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We had a guy who was with the company for 8 years. He stuck around because the job was simple and relatively lax. He believed in the company and wanted to do what he could. But in doing this, he picked out a lot of issues that needed to be fixed. Guess who was one of the few people who got laid off?

CT-ycgd
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Job hopping is a creation of employers. No reasonable employees like switching jobs. Their goal is to get you for the lowest amount and they'll max out the workload, and then some. Their responsibility to keep you doesn't end with them hiring you. Most companies do not understand this, thus the job hopping. Loyalty is gone and rightly so. Yes, job hopping is still viable because the search to find a decent company requires it. I won't hang around a bad situation.

donline
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When employers start giving 10%+ salary increases each year, then we will stop job hopping. 2 to 3% raises are pay CUTS. Employers only pay out when joining and not to those who actually stay.

dacripe
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Employers demand loyalty but show none themselves.

newworldodor
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I retired last year at 71. When I turned 66, my normal retirement age, the HR department pulled everything they could think of to get me to quit. Since I had worked 35 years and was a Vet and over 55, I was “protected”. I talked to a lawyer and he told me they would continue to do this, but as soon as they FIRE me, I’d have a case. They never did that, but everything else they could. The only reason I continued working was to provide healthcare for my wife, she wasn’t eligible for Medicare until last year. It was just amazing all the hoops they made me jump thru, just to retire a little later. That was just the tip of the iceberg, but I had many experiences over 35 years struggling with HR people not being forthcoming. There’s mountains of information they just can’t tell you about.

christopheremerson
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I got laid off last year. Took a 30% pay cut with my new job. It's not sustainable. Wages cant keep go down while expenses rise. The economy will collapse.

scott
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So...job hopping is over but employers can literally fire you on the morning itself?

Lovely

zerodegreescelsius
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Companies do not value your loyalty. They only value commitment. Until the tasks are done then they do not want you at all.

toddtheisen
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I job hopped for years. By the time I hit my early 40's I hit a wall and decided this old dog ain't learnin' any new tricks. Been at my current job for nearly 10 years, and have no intention of leaving until retirement. I'm not a boomer. Just a Gen-X'er who has lived through a massive change in the job market. Gone are the days when employers and employees shake hands for a long relationship.

TVHouseHistorian
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Employers need to stop trying to screw over employees every way they can in order to line their pockets

jeffery
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The simplest strategy I know is that you job hop till you find a good employer and then you stick to that one as long as possible - until they turn bad. And eventually they all turn bad. But thinking there’s always going to be more money behind the next tree will bite you in the butt. It’s more than just the pay. It’s the benefits package, culture, boss, everything.

lauriebond