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Job-Hopping Good or Bad for Your Career

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Thinking about changing jobs? You're not alone. There is a high number of people leaving their jobs after the COVID-19 pandemic, commonly referred to as the Great Resignation. According to Microsoft’s 2021 Work Trend Index, 41 per cent of people are likely to consider leaving their jobs within the next year.

Job-hopping is the term used to describe the act of moving from one job to another relatively frequently. Generally spending less than two years in a position at a company at a time. And while job-hopping was once frowned upon, it's now becoming more and more common - especially among millennials.

Are you a job-hopper and has this proven to have good or bad impact on your career?

Recommended reading: 6 Red Flags to Look Out for When Accepting a Job Offer

Job-Hopping for Better Salary and Compensation

Job-hopping can be a great career strategy for those looking to maximize their salary and compensation. By moving from job to job, you can increase your earning potential and learn new skills that can make you more marketable. When you stay in your present role with your exisitg employer the earning potential per year is limited to a small percentage increase, while job hopping can lead to a much larger salary jump.

Additionally, job-hopping can help you stay current in your field and keep your resume fresh. Changing jobs allows you to explore different career options and find the best fit for you. It also helps you build your resume and network, which can lead to better job opportunities in the future.

By being able to successfully job-hop, you can show potential employers that you are in high demand and that they will need to offer you a competitive salary if they want to hire you. Additionally, by having a range of different types of jobs on your CV, you can show potential employers that you are a versatile and adaptable worker, which can make you even more attractive to hiring managers.

Of course, there are risks associated with job-hopping, and it’s not the right strategy for everyone. But if you’re looking to make more money and advance your career, it can be a great option.

Recommended reading: The Top 6 Reasons People Switch Careers

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When Job-Hopping is a Bad Idea

There are also times when job-hopping can be a bad idea. If you are constantly changing jobs, potential employers may think that you are not reliable or committed.

Companies often avoid job-hoppers because hiring and onboarding new employees is expensive. From time spent interviewing to training and onboarding, adding a new employee takes up a significant amount of both company money and time. Why go through all that effort to replace someone in six months or a year? Hiring managers are eager for candidates who have the necessary skills and background and will stay in positions for a significant amount of time.

Since it takes the average employee six months before they’re fully trained in a position, hiring managers need to know you’re going to be around longer than another few months before you move on to something new. One thing hiring managers look for is patterns. A good pattern is someone who's been promoted at every company. Not so great? Regularly changing jobs yearly.

Recommended reading: Job Application Background Checks: Why You Should Check Your Credit Report

How to Decide if Job-Hopping is Right for You

If you are thinking about changing job again after a short period of time, there are a few things you should consider before making a decision. First, think about why you are considering changing jobs. Are you looking for a higher salary or more opportunities. Or why are you unhappy with your current job? Do you feel like you are not progressing in your career? The answer to these questions should have a big impact on your next career move.

Doing what you are passionate about will make job-hopping a lot easier. You are more likely to succeed in your career if you enjoy what you do. If you can find a job that you are passionate about, it will be easier to stay motivated and committed, even when the going gets tough. Additionally, when you love your job, it is less likely that you will feel the need to job-hop in search of something better.

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Pro's and Con's of Job-Hopping