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Moving jobs regularly can improve your salary but may kill your career

A recent study by the Ashdown Group has sought to establish how career history influences hiring and candidate selection. By understanding these expectations, candidates can better gauge how job-hopping might impact their long-term career prospects.

Balancing Salary Growth and Career Stability

Gen Z in Focus

Employers' Perspective on Career Stability

In the fast-paced world of modern employment, the path to success often seems like a balancing act. A recent study by the Resolution Foundation over the past two years has highlighted a significant trend: regularly moving between jobs can boost your earnings significantly. At first glance, this might seem like a straightforward strategy for career advancement. However, many hiring managers place a high value on stable employment histories when shortlisting candidates for permanent roles. So, how can professionals strike the right balance to maximise their earnings, career prospects, and credibility with employers?

One demographic stands out for its frequent job changes: Generation Z, those under 27 years old. Often labelled as "job hoppers," this group is perceived to have a lower commitment to long-term employment with any single employer. This behaviour isn't without reason. Gen Z faces economic pressures like never before, with high living costs and a significant portion of their income going towards rent. The imperative to improve earnings and career prospects is paramount.

Moreover, Gen Z places a strong emphasis on working for companies whose values align with their own. If they feel a disconnect, they're more likely to seek opportunities elsewhere. This trend is expected to persist as long as employment levels remain high, providing ample opportunities for job mobility.

We carried out a study with the aim of delving into employers' views on career stability and how long they expect employees to stay in their roles.

With 25 years in the employment sector and countless conversations with hiring managers, one clear insight emerged: short-term employment patterns are generally viewed unfavourably for permanent positions. To substantiate this, we interviewed 180 senior managers in the fields of IT, Human Resources, Marketing, and Finance.

Key Findings

Entry Level Roles

  • 98.76% of hiring managers expect employees to stay in their roles for at least a year
  • 43% prefer a tenure of 2-3 years
  • The average expected period across all respondents is 2 years

Mid-Level Roles

  • 61% expect employees to stay between 3-5 years
  • The average expected period is 5 years

Senior-Level Roles

  • 60% expect a tenure of at least 5 years
  • 21% prefer 10 years or more

When employing someone how long do you expect them to stay with your organisation?

Entry Level

Mid-Level

Senior-Level

When asked about long tenures
76% of hiring managers indicated that a long period in one role does not negatively impact their hiring decisions.
For those who do consider it a factor
72% stated that the period would need to be at least 10 years before it is viewed negatively.
Does a long period with one employer make a candidate less attractive to you?

Finding the Right Balance

The findings suggest that while frequent job changes can accelerate income growth and career advancement, there is a point where it becomes detrimental. For early-career professionals, moving between jobs is more acceptable as long as they remain in each role for at least a year. As they progress, longer tenures become increasingly important.

Conclusion

For those navigating their career paths, the key takeaway is to balance the benefits of job-hopping with the potential long-term impacts. Regularly changing jobs can indeed boost earnings and career prospects in the short term. However, to ensure sustainable career growth and maintain credibility with future employers, it's crucial to consider staying in roles long enough to demonstrate stability and commitment.

Ultimately, the right balance depends on individual career goals and the specific demands of their industry. By staying informed and strategically planning their career moves, professionals can optimise both their earnings and their long-term career prospects.

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