Is Loyalty a Luxury? Why Staying at Your Job Could Cost You $105,000.

Shernice軒嬣 2000
06-20

Two employees start at $50K. 20 years later, the loyal one makes $90K—but the job-hopper walks away with $195K. Here is the exact timeline early-career professionals are using to outpace inflation.

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Comments

  • Ah_Meng
    06-21
    Ah_Meng
    I know… you job hopper!!! Prata flipping with$Luckin Coffee Inc.(LKNCY)$ soon to come!?[Tongue][Chuckle][Evil]
    • Shernice軒嬣 2000ReplyAh_Meng
      Being a tai tai sounds great, but not if it means giving up my financial independence. I can't imagine having my husband control my money. 😆
    • Ah_MengReplyShernice軒嬣 2000
      Get a kitten... cats are more hygiene cautious and sensitive... actually, both are good
    • Ah_MengReplyShernice軒嬣 2000
      Full time housewife? Hmm... [Chuckle] You? Not that it's not likely... always good to be a tai tai... [Evil] [Tongue]
    • Shernice軒嬣 2000ReplyAh_Meng
      2nd full time job [Smile]
      I'll become a full-time housewife. If that doesn't work out, I'll become a full-time mother to a puppy.
    • Ah_MengReplyShernice軒嬣 2000
      5 years into the job market and 2nd or 3rd job, I suppose? Actually, this is not confined to Gen Z. Many have been doing that whenever job market is vibrant... especially when one is still young. Loyalty is not the issue, but excessive job hopping will show up we are into early 30s in job interviews
  • Ah_Meng
    06-21
    Ah_Meng
    Two caveats for this article: 1) the state of job market - vibrant or dead; 2) age of market participants.
    Sure, job hoppers might be rewarded when demands for workers are high and labour market is tight. The evolving market dynamics due to different skills set requirements, like AI related skills, will demand for fresh worker's skills anyway.
    As workers grow older, retrainability and adaptability come to fore. The reality is that younger generation might bring these relevant skills that older generation lack. The older ones would in turn look for more stability in job rather than simply pay hikes. The priority in life changes over time.
    I can only say that when young and able, explore and change all one wants... you will only get so much chances before you longed for stability over pay hikes.
    Just my 2 cents for one who has tried it all...
  • vodkalime
    06-21
    vodkalime
    It is good to climb the ladder when the peak is already reached. The thing is not about the hopping, it is whether the challenge is there anymore. Boss like the client and value from your hop. They just pay for fair value
  • 1PC
    06-20
    1PC
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