Current Events > Changing companies is the fastest way to earn more money.

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Cruciferous
11/13/23 4:03:58 PM
#1:


This is advice that was given to me and I repeat it for you here because it has worked for me.

For reference I hold an Associates degree but I am currently employed as an operations manager for a small hotel in the city.

I got here by changing companies as much as possible. Now that I'm here, I have to slow down. But before I was trying to move jobs every 9-12 months, looking for the same position/role I'm working but with better pay. Eventually was at it long enough to secure a higher position at one company and then moved to this one for another job title promotion and raise.

Tried to jump ship recently and they offered me a cool matched compensation package to stay.

Don't stay at one job too long CE. They have no reason to want to pay you more. You have to go get it yourself.

Good hunting CE. I will not be taking questions.

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EmilyTheCEman
11/13/23 4:07:06 PM
#2:


How do you handle it in the new job interview when they see on your resume that youve changed companies a ton and assume you either arent loyal at all or possibly have issues that get you fired a lot?

This wont be answered because youre not taking questions, so ill just assume im right.

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Cruciferous
11/13/23 4:08:01 PM
#3:


EmilyTheCEman posted...
How do you handle it in the new job interview when they see on your resume that youve changed companies a ton and assume you either arent loyal at all or possibly have issues that get you fired a lot?

This wont be answered because youre not taking questions, so ill just assume im right.
That's why I stay at least 9 months to a year. That has been long enough that I actually have fielded zero questions about my employment lengths.

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Trumble
11/13/23 4:09:25 PM
#4:


No, the fastest way to earn money is to win the lottery.

It's not remotely reliable, but it's fast.

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EmilyTheCEman
11/13/23 4:16:20 PM
#5:


Cruciferous posted...
That's why I stay at least 9 months to a year. That has been long enough that I actually have fielded zero questions about my employment lengths.

I find it hard to believe that that wouldnt be an extremely obvious thing for them to acknowledge, and also you openly going wherever pays the most. They do not want to invest time, effort and money training a guy they know will be quitting in less than a year. Unless youre in a field that doesnt require any training and has a ton of applicants all the time like truck drivers.

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BewmHedshot
11/13/23 4:23:23 PM
#6:


I'm lucky enough that I have basically tripled my salary at the same company, but my job is completely different than when I started.

Though I feel a little topped out here and am looking at trying to hop to a Staff engineer role at a more tech focused company at this point.
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Cruciferous
11/13/23 4:24:49 PM
#7:


EmilyTheCEman posted...
I find it hard to believe that that wouldnt be an extremely obvious thing for them to acknowledge, and also you openly going wherever pays the most. They do not want to invest time, effort and money training a guy they know will be quitting in less than a year. Unless youre in a field that doesnt require any training and has a ton of applicants all the time like truck drivers.

This is only my experience. Maybe I got lucky.

BTW just because I waited 9 to 12 months to start looking, doesn't mean I would find something right away. It took months sometimes or a life event occurring to make me pull the trigger on a job interview.

A year in entry level jobs is PLENTY of time. In fact, as a hiring manager now, someone having a job at only one place for 3 to 5 years without any progression would actually be a minor red flag. Yeah you can keep showing up for 5 years, but if you're not showing progression with it, it could be a weakness for you. You gotta show SOMETHING.

and that's a good reason why you put accomplishment on your resume, not just your job description

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Doe
11/13/23 4:26:50 PM
#8:


The idea in a nutshell is that when advancing through the same company there may be a pay structure where you only get a percentage of your last salary as a raise however many new responsibilities you take on, which can leave you falling way behind what they'd pay an external hire to secure them to the position . But doing it every year just sounds like a headache and will raise red flags. Plus you might find a position with great benefits/culture and risk switching into unknown garbage

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Cruciferous
11/13/23 4:29:36 PM
#9:


Doe posted...
The idea in a nutshell is that when advancing through the same company there may be a pay structure where you only get a percentage of your last salary as a raise however many new responsibilities you take on, which can leave you falling way behind what they'd pay an external hire to secure them to the position . But doing it every year just sounds like a headache and will raise red flags. Plus you might find a position with great benefits/culture and risk switching into unknown garbage
Thanks for putting that down in a succinct way. I wasn't sure how to explain that aspect.

As for the yearly job change, well, I am no longer doing that. I realized I can't keep doing it now that I'm not working an entry level job.

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