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Anyone looking at airline stocks or ETF play?
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Any Ohmies in here? $OHM
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I think there’s two sides to this. Especially earlier in your career, you can make more by changing jobs frequently, but you also don’t grow as quickly either tangibly (understanding of job requirements and ability to fulfill those requirements) or intangibly (building strong relationships that progress your career long-term) when you move around a lot. So in a large professional services firm, if your goal is to make partner and be a lifer, I think staying at one place sets you up for that better long-term, but if you aren’t looking to overall career progression and are trying to maximize your earnings over a shorter time frame, moving around can be a good way to do that. I’m not saying one approach is better than the other, just that there are tradeoffs either way you go.
I will say that where I work (Big 4), the people who bounce around tend not to get promoted as fast and also get smaller annual raises than the long-termers, so I think the money does eventually even out with probably a higher ceiling on average for stayers, but it takes awhile to actually realize that upside and assumes that you do keep things on track progression wise.
LOL.