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It's shown that if you were to switch a job every other year, basically use your position to get something even better, you're going to make on average 50% more than the person who just stays at the same company and gets pay raises. The reason for that is that when you're in the same company, they typically raise you anywhere between 3 to 5% of what you were making the prior year. But if you leverage that and you negotiate really well and you move to a brand new company, they could start you off at 20% higher than the previous company and then all of a sudden now you got a 20% pay boost. Any increases on that? even if you get 5% of a 20% increase, that's still a lot more than what you would have gotten at the previous company and then 2 years later, you just do it again.
Now you don't want to do it too quick because then companies will see that. Oh, you're only working with these places like 3 months and then quitting and that's pretty bad. but 2 to 3 years is about The Sweet Spot.
The question i have trouble with is what position correlates to what i have now.
This in a nutshell is why companies brands are poor. Js
And your résumé is full of credentials that are only a year or too long, shows that you can’t stay at a job very long. Good luck.
I’ll never understand how some people can work at the same place for like 45 years
Extremely true in the tech space
This only works if you have a generic skills that work in many companies.. like accountant or IT specialist or whatever. I have a job in airline engineering which is quite specific for that company. I have tried to get into other jobs, but in the end I realized the job I have suites me the best, and I love the company and pay is very good… I end up doing it already for 32 years!
Money is not the most important thing in the world, doing something that makes sense, the coworkers you work with, the company itself, its all way more important once you get paid enough to live a normal life without financial stress.
Except in healthcare😂
Increasing your value at your same job is possible too.
Here’s an idea….Start your own BUSINESS and give yourself a raise anytime you WANT
THATS WHAT A BALLER DOES SON
Yeah well gotta be in the right economic sector for that
Yup been doing that since high school lol
Thats assuming you actually learned something in your previous job
Facts
Nowadays businesses look at the fact that you have switched jobs every year and won’t hire you
3-5%?? I only get like 2-3% in healthcare
This doesn’t work for entry level jobs, at the point it looks like you’re a job hopping bum who can’t maintain stability or loyalty
But what your showing is loyalty in a brand no longer matters. And then competeing companies can no longer compete thus making your switching no longer profitable so when you exit someone else will quickly fill leaving you no return option nor competing edge.
I’ve literally left a job for more money and went back to the last job for even more money. Fucking wild
me who just got a 20% raise 🤨
dont do this you loose alot like vacation time sick leave an its not garented if u work at a dead end job it doesnt work ya got to have a job that u can go to a doffrent company so hes lieing
Ive been doing this for ten years
If I look at a resume, and the dude has a different job every other year, I'd definitely think twice… If it's all within the same company, that's a different story, but how many companies have enough promotion levels to cover every year?
my current employer gives a raise of $2/hr after the probationary period and every year but tries to convince you to go on a salary that pays as much as a deck worker makes
It depends pretty heavily on your career. This is especially true in tech but far harder in some other industries with relatively standardized pay scales that are based on experience.
First year is really dialing in the fundamentals of the job, second year is coasting while performing at a high level, third year is upskilling and networking. Then you move companies. Rinse and repeat. It makes for a good balance as you’re starting a family, buying a house, and just growing as a person.
Im not saying switching jobs is always smart, but I've known far more people that have stuck around a place, worked their butts off, and not made it anywhere..
Yeah when I see that I don't higher you. Because it shows you have no interest in long term learning the business and won't actually bring value. So I won't higher anyone me that I see their resume doing that. You aren't valuable if you do that. Because you don't know enough about anything to actually have value
"Remember, switching companies is always faster than reloading"
This guy sounds like hes talking about something he has zero experience doing
My position offered me a 5%raise and turn around and found a job that was 40% increase.
Know your worth Kings
Hmmm… That's hella incorrect in many unionised countries. Wages are fixed.
This advice only is applicable if the new company is willing to pay you more and that’s if they have the budget. Often time they’ll use the market rate for the position, you’ll have to negotiate and talk them into giving you that 20% and that’s if they’re able to do 20% more.
Engineers are all paid similarly. Find a decent one and focus energy on life outside work money will not bring happiness.
But do it too often and employers don’t want to hire you anymore, since you’re likely to leave 😂
My company has trapped me I’ve gotten 20% raises the last two years
Why don't people want to work?
Because looking for a better job is my full time job.