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Reply to "Is 'job-hopping' really that bad if I continue to receive promotions & raises?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=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. [b]I wouldn’t give you a chance at my firm. [/b]4 jobs in 3 years? I’d assume you got let go. [/quote] 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. [/quote] 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)[/quote] 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.[/quote] The problem is that the hit would be down to zero as no one will hire you during a recession at $100 if you were making $150 - especially since you already demonstrated money is your driver. There are good and bad forces at work when you hit $150 with little experience and are unlucky enough not to have any tenure beyond a year.[/quote]
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