To job-hop or not to job-hop?
Have you ever voluntarily moved from one job to the next in a short period of time? While baby boomers remained at their jobs for decades, young people now make the jump much more frequently. Fifty-six percent of workers from Generation Y will leave their jobs within a year, reports a recent study from Sodexo Motivation Solutions. Since the economy is still hurting, it’s important to weigh the pros and cons of job-hopping before you take action. Remember that the moves you make early in your career will impact your future.
The pros: In this economy, companies have all the power, so don’t expect to be paid much for a promotion, if you get one at all. As the old saying goes, “The best way to move up is to move out.” By moving out, you will get paid more, with a better title, and gain new experiences so you’re never bored. You also get to meet new people, expanding your network and your future career opportunities. As a bonus, recruiters and hiring managers love candidates who already have a job instead of job seekers, meaning it will be easier for you to negotiate for future jobs because you’re not desperate for work.
– Dan Schawbel is the author of “Me 2.0: 4 Steps to Building Your Future” and the Managing Partner of Millennial Branding LLC.