Views on Job Hopping

Hello, everyone!

I would like to know your views on Job Hopping. 

The days when someone could expect to start working and grow in a single company, working there up until retirement, are long gone.

Greatly because companies have been capping employee growth both in terms of positions and salaries through fixed policies that force the best ones to get out of the company in order to grow their career. 

This may be beneficial for the company in terms of numbers, since company will be absorbing value that should have gone to the employees. But what about the long run? 

Is this fixed growth structure capturing value from employees in the best interest of the company? Isn't HR the one most benefiting from this trend since they manage internal workloads through fixed policies, force employees out and then get high bonuses from new hires?

What do you think of this trend? 

Would you job hop in order to grow your career?

What time-frame would you follow to job hop and get the best results?

Looking forward to your inputs.

Have a great day!

Parents
  • It depends on your field, but even if you find a job with a retirement package, they could fire you a year before you retire. This happened in my city to an older woman who had one more year to go before retirement. Her employer (the city) blamed it on cutbacks due to covid, but then they hired someone new with her job title. So there's no reason to stay in a job if you're only there for the retirement package. Job hopping is perfectly acceptable as long as you are moving on up, and not taking a job with a lower salary and less benefits. The company might benefit from it too but that might be why they don't offer incentives for employees to stay. I wouldn't see anything wrong with job hopping, but try to stay at each job for atleast 1 year so it doesn't look like you simply have issues holding a job. 

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  • It depends on your field, but even if you find a job with a retirement package, they could fire you a year before you retire. This happened in my city to an older woman who had one more year to go before retirement. Her employer (the city) blamed it on cutbacks due to covid, but then they hired someone new with her job title. So there's no reason to stay in a job if you're only there for the retirement package. Job hopping is perfectly acceptable as long as you are moving on up, and not taking a job with a lower salary and less benefits. The company might benefit from it too but that might be why they don't offer incentives for employees to stay. I wouldn't see anything wrong with job hopping, but try to stay at each job for atleast 1 year so it doesn't look like you simply have issues holding a job. 

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