Today, it's much easier to move upward by changing jobs
Posted on: April 16, 2021 at 16:57:09 CT
zoomer 99
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I can stick around at a company for years, get a yearly inflation raise, wait to see if the boomers above me will possibly retire this year, and hope I'm not part of the random yearly layoff to "freshen things up".
Or, I can get a new job every 2 years because engineers are in high demand, get a 20% raise (at least) every job change, and not care about upward mobility within the company. That's what I do, and it works.
Today, it's not a viable strategy to wait around for the older generation to retire. Loyalty costs you earnings. If I want a promotion, it's easier to get it at another company as a new employee. Companies are not loyal to employees and will fire them in a second if it's in their best interest.
This isn't really about a young person not wanting to learn at work, but it explains why younger people are less loyal to companies than older people.
Edited by zoomer at 17:16:32 on 04/16/21