Workers who stay loyal to their job are paid 50% less over their lifetime compared to those who switch jobs every 2-3 yrs

[Harpy Eagle]

Bet that data applies to a small subset of the workforce.

Yes, those that choose to change jobs every few years. It makes sense if you think about it, not many people choose to go to a new job for less pay, it is almost always for more pay

 

[Manonthestreet]

Yes, those that choose to change jobs every few years. It makes sense if you think about it, not many people choose to go to a new job for less pay, it is almost always for more pay

As I said... A small subset

 

[Cellblock2429]

Which gave you the means to buy that mansion you always wanted.

/——/ Actually I lived in several mansions. I didn’t care for them. Too much maintenance. When I retired I moved into a 2 bedroom condo. I’m now very comfortable.

 

[Harpy Eagle]

/——/ It’s always been that way. I was a top performer in salaried sales at Procter & Gamble in the early 1980s. I got a puny 2-3% annual raise. I moved to Johnson &Johnson as a pharma rep and got a 25% pay bump. 6 years later I switched to legal publishing sales on salary plus commission and doubled my
Income.

I tend to agree, but in the past it was seen as a negative to change jobs often while now it does not seem to be. My daughter is 28 and and is with her current company for 3 years and it is the longest she has ever held a job and she is already looking to change.

 

[Harpy Eagle]

As I said... A small subset

A subset that is growing as the younger generations see no loyalty to their employer just as the employer sees none towards them.

The idea of staying with one company for 40 years or more is a relic of the past.

 

[initforme]

In the 80s I walked right off the job. No notice. Had a higher paying one waiting. It was exhilarating. 2 weeks notice in an I fringement of rights.

 

[Cellblock2429]

In the 80s I walked right off the job. No notice. Had a higher paying one waiting. It was exhilarating. 2 weeks notice in an I fringement of rights.

/---/ Except for union jobs like the USPS and such.

 

[Moonglow]

/——/ Actually I lived in several mansions. I didn’t care for them. Too much maintenance. When I retired I moved into a 2 bedroom condo. I’m now very comfortable.

Yes, I never liked the idea of a huge house to care for.