Job-hopping used to be regarded as unprofessional and unnecessary. In fact, it was rather typical to spend your entire career employed by one company, rising steadily through the ranks and receiving frequent raises.
Today, though, keeping up an upward career trajectory typically necessitates a little more work mobility. This entails keeping a look out for fresh chances and maximizing your present compensation and benefits for a better one.
While switching jobs is frequently required, there are times when it might be detrimental. Let's examine the benefits and drawbacks of job hopping and discuss several methods for accomplishing so.
Job hopping refers to the idea of switching employers more than normal, usually after less than two years at a company.
Job hopping often has a poor connotation because some people think it means you can’t handle commitment or that you’re a picky employee.
There are several reasons why changing jobs may be beneficial, including:
The ability to earn more money at a new job is one of the most frequent causes of employees quitting their jobs soon. According to research, when you stay with your present employment, you'll typically receive a 4% rise.
However, you'll receive a 5.3% raise if you go somewhere new. Over time, that kind of disparity might mount up.
Even if you work for the same industry, every firm operates differently. You might be able to pick up new abilities while job-hopping that you wouldn't have acquired in your prior work.
Moving to a new position may also help you catch up if you previously worked for a company that was out of touch with the times.
Another advantage of job-hopping is the opportunity for career advancement. Changing jobs allows employees to potentially pursue a higher-level job at another company.
There are also several potential disadvantages associated with job-hopping, including:
When you’re a new employee, you often have to stay with the company for a certain period of time before you’ll be eligible for benefits like paid vacation, sick days and 401(k) contributions.
The exact amount of time you have to work to qualify for those perks depends on the company and your employment contract.
Some firms demand a six-month commitment before allowing you to take a sizable amount of vacation time. Additionally, some employers may give you extra vacation days the longer you work there.
A string of one-year positions could reflect poorly on your resume because employers may
Consider mentioning it in your cover letter if you have more than two instances of quitting a job before a few years. Be ready to talk about it in an interview if you decide not to address it in your cover letter.
Job-hopping also makes your employment history appear erratic, which is a drawback. It's possible that you'll work under multiple distinct titles in a short period of time.
You probably didn't have enough time to gain a lot of knowledge or expertise in these professions, so you don't have the experience you need to improve your career.