Job Hopping, a term given to those who consider hopping from one organization to another in hopes of better job positions and better income.
There are a few who appreciate the trend while there are many who still don’t like providing a single positive thought on this culture. Despite the fact our corporate culture is emerging out cool nowadays- trying to cope up in a “Millennial way”, I might add, perceptions for a few things remain unfazed by any evolution going on.
There was a time when continuing a certain job for a span of less than a year used to carry a massive negative stigma around it. It played as a red signal for your future employers demonstrating the fact that you aren’t serious about your profession.
This perception hasn’t changed for a few. Still, few professionals believe this. According to a recent survey by Millennial Branding and PayScale, 41% executives believe that an individual should maintain their consistency in the same company for a minimum time span of five years while 21% of executives feel time span between 4-5 years is okay. 26% of people born in the nineties believe that you should start searching for a new job before the year ends, while 13% of the, prefer more than 5 years.
Millennials Will Job-Hop
The idea of job hopping is not preferred in corporate culture, won’t end the fact that culture is changing rapidly. 86% of Millennials, if given a choice would prefer quitting their jobs for pursuing something, which is being catered with respect to their personal or professional passions.
This comes in the form of higher salary perspective, an appealing job role, and many more benefits to the millennials. 83% of millennials are aware of the fact that their ‘Job Hopping’ habit isn’t something that comes top in the list of desired employees for your employers.
Surprisingly, according to a survey, 40% out of 77% of Millennials working in white-collar positions would consider switching if a position is more appealing to them in blue collar industry.
Looking at the pace millennials change their company, few organizations might find it diversifying and employ them as they might be having diversified experiences but most employers will hesitate in investing them after some time. No one wants to waste time and high expenses behind an employee who doesn’t want to serve their company for a longer duration and is living without consistency in their job profiles.
Individuals involved in job hopping will be always the main target even if they are good at their job. When the time comes that employer wants to lay off few employees, job hoppers would be the first ones, given their record of frequent changes in the company. They will fear that when some trouble arises, these categories of employees will show their back and run as fast as possible. No employer would want to keep such job hoppers at the cost of cutting off an employee who can dedicate themselves for to the company for a longer period of time.
Job hopping would never provide a sense of career satisfaction.
The damage in professional relations that job hopping individuals are causing due to frequent changes in companies might cost them their career. Nowadays, previous employers are contacted for reference checks to double-check their new applicant for potential investment if they are hiring them, and if the previous boss is quite unhappy with the highly unprofessional ways, everyone can understand what is coming next.
Due to having traits of the undesired employee, judgment can be questioned by the organizations for employees who Job Hop.