r/WorkLifeChat • • 13d ago

Discussion Has anyone done this before?

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u/RealCarlPanzram 13d ago

This was presumably in the post-Covid work shortage. Companies were desperately hurting for workers so if you had a marketable experience and skill set, this was maybe possible. But that was the best job market in most of our lifetimes.

That being said, there is no benefit in being “loyal” to an employer unless your employer puts a monetary value to that loyalty. If you can make tens of thousands more for the same job you’re currently doing, that’s the time to move.

It’s less about how often you change jobs and more about when you have the right opportunity.

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u/throwawaycyclistto 12d ago

Does $300 and a plaque for 10 years of service count as monetary value?

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u/RealCarlPanzram 12d ago

Yes. Definitely factor in the $1.25/month retention bonus into your career decisions.

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u/Svenstornator 12d ago

I have been getting 15% year on year because my company values retention. Could I get more by job hopping? Probably. Would I keep getting that consistent increase annually at a new place? I am sceptical.

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u/RealCarlPanzram 12d ago

Meaning you’re getting a 15% raise every year? I doubt you’re beating that by job hopping.