Is 'job-hopping' really that bad if I continue to receive promotions & raises?

[Anonymous]

I started on the Hill in 2018 at under 40k. I'm now on my fourth job since leaving in 2019 at a base salary of 150k and I've been here under a year. Considering leaving again, because it's just not fulfilling anymore and the jobs I'm interviewing for are in the 175k-200k base plus bonus & equity range.


My question for the VP/exec level folks is how is this going to burn me down the line? I'm having no problems securing interviews in this market, but everything I read says don't do exactly what I'm doing. Please help me understand if I should ride my current job another few months or if I should take the director level roles should the interview lead to an offer.

[Anonymous]

If you can land the next job with more money, it’s not a bad thing.
Sour losers who can’t land better job will tell you it’s a bad thing and their loyalty will get them to SVP of their organization in the future (like year 2050).

[Anonymous]

You have to Chang egg grins to boost your salary and the market is hit right now so go ahead and make a change. Try to pick a place that you’ll want to be at for a few years amuse you do have to have some decent tenure on your resume.

[Anonymous]

Anonymous wrote:I started on the Hill in 2018 at under 40k. I'm now on my fourth job since leaving in 2019 at a base salary of 150k and I've been here under a year. Considering leaving again, because it's just not fulfilling anymore and the jobs I'm interviewing for are in the 175k-200k base plus bonus & equity range.


My question for the VP/exec level folks is how is this going to burn me down the line? I'm having no problems securing interviews in this market, but everything I read says don't do exactly what I'm doing. Please help me understand if I should ride my current job another few months or if I should take the director level roles should the interview lead to an offer.

Ride the wave, as your timing is impeccable. Where it will hurt is down the line in an inevitable job recession, where you will be making too much and employers will select a candidate who has a proven record of some stability (3-5 years minimum). This assumes your “promotions” are at different companies. Employees love to see progression, especially at one employee for a bit.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I started on the Hill in 2018 at under 40k. I'm now on my fourth job since leaving in 2019 at a base salary of 150k and I've been here under a year. Considering leaving again, because it's just not fulfilling anymore and the jobs I'm interviewing for are in the 175k-200k base plus bonus & equity range.


My question for the VP/exec level folks is how is this going to burn me down the line? I'm having no problems securing interviews in this market, but everything I read says don't do exactly what I'm doing. Please help me understand if I should ride my current job another few months or if I should take the director level roles should the interview lead to an offer.

Ride the wave, as your timing is impeccable. Where it will hurt is down the line in an inevitable job recession, where you will be making too much and employers will select a candidate who has a proven record of some stability (3-5 years minimum). This assumes your “promotions” are at different companies. Employees love to see progression, especially at one employee for a bit.

+1 a good old fashion recession hurts those who don’t have great resumes, as there are way to many candidates to choose from. You won’t get a chance to throughly explain your jumps and most employers don’t want to hire knowing you will leave soon, unless in this market.

[Anonymous]

Anonymous wrote:If you can land the next job with more money, it’s not a bad thing.
Sour losers who can’t land better job will tell you it’s a bad thing and their loyalty will get them to SVP of their organization in the future (like year 2050).

I'm also single & without any children. I feel like this is the time to be risky and try to climb. I think I'll start shooting out resumes!

[Anonymous]

It will bite you when it becomes excessive. Eventually, companies won’t hire you when you become a serial job hopper, or at least a lot of doors will close.

I wouldn’t give you a chance at my firm. 4 jobs in 3 years? I’d assume you got let go.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I started on the Hill in 2018 at under 40k. I'm now on my fourth job since leaving in 2019 at a base salary of 150k and I've been here under a year. Considering leaving again, because it's just not fulfilling anymore and the jobs I'm interviewing for are in the 175k-200k base plus bonus & equity range.


My question for the VP/exec level folks is how is this going to burn me down the line? I'm having no problems securing interviews in this market, but everything I read says don't do exactly what I'm doing. Please help me understand if I should ride my current job another few months or if I should take the director level roles should the interview lead to an offer.

Ride the wave, as your timing is impeccable. Where it will hurt is down the line in an inevitable job recession, where you will be making too much and employers will select a candidate who has a proven record of some stability (3-5 years minimum). This assumes your “promotions” are at different companies. Employees love to see progression, especially at one employee for a bit.

+1 a good old fashion recession hurts those who don’t have great resumes, as there are way to many candidates to choose from. You won’t get a chance to throughly explain your jumps and most employers don’t want to hire knowing you will leave soon, unless in this market.

This is an interesting angle to look at & promotions would be at different companies, I haven't received a title promotion in house in those last 4 years.

[Anonymous]

Too much risk. After a certain point, no one will hire you because they know you have zero loyalty. Wait until the economy tanks and you lose your job. You'll be screwed when you have 10 jobs in 12 years. Unhirable.

[Anonymous]

Anonymous wrote:It will bite you when it becomes excessive. Eventually, companies won’t hire you when you become a serial job hopper, or at least a lot of doors will close.

I wouldn’t give you a chance at my firm. 4 jobs in 3 years? I’d assume you got let go.

Definitely my fear. When i interviewed with my current company they didn't even bring it up as a negative in the interview. It was more like 'wow you've had a lot of really good experiences across the industry' and that was the extent of it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I started on the Hill in 2018 at under 40k. I'm now on my fourth job since leaving in 2019 at a base salary of 150k and I've been here under a year. Considering leaving again, because it's just not fulfilling anymore and the jobs I'm interviewing for are in the 175k-200k base plus bonus & equity range.


My question for the VP/exec level folks is how is this going to burn me down the line? I'm having no problems securing interviews in this market, but everything I read says don't do exactly what I'm doing. Please help me understand if I should ride my current job another few months or if I should take the director level roles should the interview lead to an offer.

Ride the wave, as your timing is impeccable. Where it will hurt is down the line in an inevitable job recession, where you will be making too much and employers will select a candidate who has a proven record of some stability (3-5 years minimum). This assumes your “promotions” are at different companies. Employees love to see progression, especially at one employee for a bit.

+1 a good old fashion recession hurts those who don’t have great resumes, as there are way to many candidates to choose from. You won’t get a chance to throughly explain your jumps and most employers don’t want to hire knowing you will leave soon, unless in this market.

This is an interesting angle to look at & promotions would be at different companies, I haven't received a title promotion in house in those last 4 years.

4-5 years is not uncommon at same company. But you can leverage those years at a new company, without harming your resume, if something doesn’t open. I had a different experience and was promoted twice in a five year window with my employer. But, I would recommend that you jump as many times as the OP, as the music will stop, and he/she will likely not easily find a seat when it does. Sometimes chasing dollars is short sighted when looking at career planning.

[Anonymous]

Anonymous wrote:

Anonymous wrote:It will bite you when it becomes excessive. Eventually, companies won’t hire you when you become a serial job hopper, or at least a lot of doors will close.

I wouldn’t give you a chance at my firm. 4 jobs in 3 years? I’d assume you got let go.

Definitely my fear. When i interviewed with my current company they didn't even bring it up as a negative in the interview. It was more like 'wow you've had a lot of really good experiences across the industry' and that was the extent of it.

Yeah, maybe in recent times. But the music will stop and you will not get the next job in a worsening economy when many others are competing with you. The long term negative of big jumps is that you are now at $150 with less than 1 year in the job, competing against those with several years of demonstrated loyalty at the same or lessor amount. When the hiring environment switches to value hires instead of scarcity hires (and it will, it always does…1992-1996, 2008-2011, and we are now due)

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It will bite you when it becomes excessive. Eventually, companies won’t hire you when you become a serial job hopper, or at least a lot of doors will close.

I wouldn’t give you a chance at my firm. 4 jobs in 3 years? I’d assume you got let go.

Definitely my fear. When i interviewed with my current company they didn't even bring it up as a negative in the interview. It was more like 'wow you've had a lot of really good experiences across the industry' and that was the extent of it.

Yeah, maybe in recent times. But the music will stop and you will not get the next job in a worsening economy when many others are competing with you. The long term negative of big jumps is that you are now at $150 with less than 1 year in the job, competing against those with several years of demonstrated loyalty at the same or lessor amount. When the hiring environment switches to value hires instead of scarcity hires (and it will, it always does…1992-1996, 2008-2011, and we are now due)

And those were some lean years, especially for those in their 20’s and 50’s…

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It will bite you when it becomes excessive. Eventually, companies won’t hire you when you become a serial job hopper, or at least a lot of doors will close.

I wouldn’t give you a chance at my firm. 4 jobs in 3 years? I’d assume you got let go.

Definitely my fear. When i interviewed with my current company they didn't even bring it up as a negative in the interview. It was more like 'wow you've had a lot of really good experiences across the industry' and that was the extent of it.

Yeah, maybe in recent times. But the music will stop and you will not get the next job in a worsening economy when many others are competing with you. The long term negative of big jumps is that you are now at $150 with less than 1 year in the job, competing against those with several years of demonstrated loyalty at the same or lessor amount. When the hiring environment switches to value hires instead of scarcity hires (and it will, it always does…1992-1996, 2008-2011, and we are now due)

Fair. I appreciate your input! I live very frugally and am part of the FIRE community so if I took a huge hit and had to go from 200k-100k it wouldn't impact my quality of life too much, but it definitely would impact my retirement plans(if that makes sense). My 'working life' is probably 10 more years & I left that part out of the initial post.

[Anonymous]

How can a series of jobs you’ve had under a year “not be fulfilling anymore?” As an executive who does a lot of hiring, that’s a big red flag for me - either about your judgement and what you want or your willingness to actually do any work.

The more senior you get the less possible it is to actually get onboarded and build the relationships and momentum to get things done in such a short time period. I’d be asking a lot of questions about your accomplishments and would want to speak with references in your case. My assumption you’d have to overcome is that you leave and get a new job right around when an employer expects you to be delivering your first results and that you’d do the same to me.