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The Advantages And Disadvantages of Job Hopping

Job hopping is hip, specially among young people. Where older generations often spend their entire careers with one or two employers, millennials tend to switch jobs every few years. Although a 3-month job resume never gives a good impression to new potential employers, strategic job hopping can bring benefits. Here are the main benefits of job hopping:

The Advantages And Disadvantages of Job Hopping

1. A HIGHER SALARY

Research has shown that employees who switch jobs every two years earn significantly more than employees who have worked for the same company for years. In the current economy, loyalty doesn't pay financially and it's easier to obtain promotions by occasionally changing jobs. If a high salary is important to you, job hopping can be a smart move to grow your personal capital.

2. A RICH EXPERIENCE

It's no wonder that starters in the labor market, in particular, change jobs frequently and quickly. By changing jobs regularly you get to know different functions and companies. This can be incredibly educational, specially if you don't know exactly which direction you want to take in your career and once you've a few different functions under your belt, you can search for a job more effectively where you really are.

3. It's A CHALLENGE

It's easy to sit back in a job and do 'good enough' work. Switching jobs and companies every now and then ensures that you stay fresh and motivated. You've to prove yourself again and build a new network of colleagues during the coffee breaks. You need to learn new skills and embrace a new corporate culture. Specially if you feel that you can no longer learn in your current position or company, job hopping can be a good solution to keep getting the best out of yourself.

But before you immediately quit your job and look for a new, better paid job, it's also important to consider the disadvantages of job hopping:

1. LESS CHANCE ON PROMOTION

A company prefers to invest in employees who see long-term potential. If your resume shows that you change jobs every year, your employer will be less likely to give you the promotion than a colleague who has worked for the company for years. In addition, a company will also be less inclined to invest in you with training, coaching and other opportunities.

2. FASTER DISMISSAL

Although loyalty doesn't provide the highest possible salary, it does provide stability. If things are going badly for a company, you'll be fired much faster as a recent employee than the loyal colleague who has proven his or her services to the company for years. This can be an important consideration in continuing to work for a company, specially if you've obligations, such as a mortgage or children.

3. LESS RESPONSIBILITY

Building a good working relationship takes time and most employees will only entrust you with interesting jobs if they're sure you can do the job to your satisfaction. So you'll have to prove yourself first. So remember that if you change jobs every year, you won't always get the chance to do the most challenging and innovative work.

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