Five Ways to Grow While Staying at the Same Company
It used to be that jumping around to different companies was a telltale sign of a bad candidate. Training can be expensive and employers weren’t interested in risking short-term talent. Many still don’t. But an influx of younger generations into the workforce has brought about a change of opinion. Short tenures are suddenly in vogue.
There are a lot of people who now believe that changing jobs more frequently can actually help your career. The thinking goes: 1. Switching things up shows employers that you’re not complacent or lazy; you’re willing to take risks and learn new skills. 2. You’ll have a much better shot at a higher salary when you apply for a new job, rather than waiting on a raise.
The math behind that latter point is hard to argue against. A 2014 Forbes article reports that “staying employed at the same company for over two years on average is going to make you earn less over your lifetime by about 50% or more.” That’s an alarming stat, especially for people just beginning their careers, and one that FastCo recently referenced again.
But do we really need to switch it up all the time to succeed? And is it really a new quandary?
To me, career advancement is about so much more than the number on your paycheck or the title on your business card. And deciding to leave or keep a job is a dilemma that’s always existed, for all generations — an age-old question — should I stay or should I go?
No two scenarios are the same, and each person must decide for themselves.
But as someone who just celebrated 17 years with the same company, I wanted to offer a counter opinion to the job-hopping frenzy.