Forbes found that staying loyal to one company can cost you—big time.
Employees who switch jobs every 2–3 years earn up to 50% more over their careers than those who stay put.
Stick around too long, and you could be leaving 20%+ on the table.
The longer you stay, the more you lose.
Loyalty shouldn’t cost you your worth.
“I'm here for my 30 - 40 years, just like the generations that worked here before me.”
Leadership has stated this is no longer the corporate direction.
Sorry but I didn't join the company to just quit in a few years. I'm here for my 30 - 40 years, just like the generations that worked here before me.
We was told we was safe
What if you don’t have skills or qualifications to get another job? Asking for a lot of friends.
I'm staying at AT&T as long as I can because it's not that good out there.
Not applicable to AT&T workers. Our skills may be outdated but AT&T still has outdated technology. We are safe.
the ones who sc--wed us on our pension got the great pension.
This is mostly true for the first 10 years of your career; after that it’s time to pick a place and settle down so you can build your retirement account.
25 years? Sounds great.
So how about those people that were surplused at 24?
When I completed a couple of recent interviews, the new employers expected me to work. This was a dealbreaker.
This is just clickbait propaganda nonsense by Forbes. It is centered on the finance business where roles are clearly defined and most people are just plug and play substitutions. Any conclusions drawn from that do not apply to industries with huge knowledge domain requirements. No one wants a guy who changed jobs every two years building their house or doing their heart cath.
In my 25 years here, my pay has increased 1049.73%.
I’d say it’s gone very well.
It’s a mix. Moving every so often help you get raises and also learn new programs/systems that your current company may not have. Move too often and it’s harder to build retirement accounts - especially if you have vesting and move too early. You also don’t show stability and the ability to commit. 3-6 years is probably the sweet spot.
And remember WSJ is not for employees, it’s for the people who want to suppress salaries and worker gains.
Job hopping worked doing the pandemic because of the labor shortage but that doesn’t work anymore. The pendulum has swung back to the favor of the employer unless you have real specialized skills.
wrong. forbes is a crock of sh-t. WSJ debunked this