Employers never pay more than the replacement value for your job role period. If someone is able to change jobs for a 20% increase that means you are still underpaid by at least 17% even with a 3% raise. Then the opportunity cost is your total lifetime earnings. For example 20% on a $50k salary with 30 remaining working years is $300K. I get some people don’t work for money. But why would you let your employer take advantage of you on money that is rightfully yours?
On counter offers. This means you've considering moving due to something your management could fix but haven't; until you've told them about another offer. If your organsiation's respect for you is such that you have be willing to leave for your needs to be considered; there are probably deeper issues. On always keeping an eye out for new opportunities. I disagree this is a bad thing, as there's a big difference between looking and taking a new opportunity. Looking keeps you informed about the industry you're in, what skills are valuable, and what remunerations/conditions are out there. Fundamenetally, it's your responsibility to manage your career and that's difficult without information about your options.
Always worked for me Switching is healthy, but not mandatory. Never leave until you have accepted a new one is very important. Never ever accept a counter offer. Leave toxic business practices as fast as you can because it will never change. Be youself not what your company would like you to be. Every year test the company and yourself, are you in the right place doing the right thing for the right reward.
I realized that my old career choices were negatively affecting my mental (and occasionally physical) health, and I decided to start my own company doing something that I enjoy. It is by far the hardest job that I have ever done, but it's the only one that I enjoy waking up for. It may not work out for me, it may not make me a lot of money, or it could do the opposite, but I will try and do my best. And at least if I do ever get another 9-5, this company fills in the gaps on my resume, so future employers can see that I am capable of handling my own projects and am eager to learn new skills.
I left my first job out of college after 1yr. I've been at my current job for 11yrs now, and if all continues to go well. I plan to stay here until I retire.
Lol who says you should make a lateral move? It’s one of the best ways to develop yourself and learn new skills. Even a step down in pay for a short time to gain a specific skilll set it a great move .
Very good points. Most important being: don’t be too harsh to yourself. I’ve switched a lot, it is very exhausting mentally - to the point that you start asking yourself difficult life questions. Sometimes it’s just the market, not you - lay low, train yourself, rest a little.
Here is the thing: Everyone has different career goals. Ask yourself, what is your dream job and what are the requirements? Maybe instead of quitting your current job, maybe you need another credential or you need to apply internally to another one that may be closer to your dream.
I'm at that exact position. I studied and now did my internship on the new industry i want to move in or on my dream job. However here's the thing, my dream job barely pays any. Minimum wage
@@vanniedahilig8096 Money isn't gonna be worth your happiness. You need the job that makes you happy, other wise your gonna be rich and depressed, terrible combination.
Personal advice: gather as much intel as you can (legally and morally) about the organisation and team you are planning to join. Does the culture suit your core values? Most importantly, find out what you can about your potential future boss, whom will no doubt play a big part in your life should you make the move. Seek opinions from those that don’t need to say only nice things about them, preferably with supporting information of their past actions and behaviours.
I have hopped around jobs a lot so I can give you an advice from my experience: 1. Make sure your next job has "growth" opportunity. That people are not stuck in the same place for years. 2. Make sure they pay well. You will need that to cope with inflation. (Thanks President B!!!). 3. Make sure they allow you to have great work/life balance. If you are remote, you know that the boundaries between your personal time and work are quite blurry sometimes. 4. Make sure you observe your future boss in the interview. He may end up being a D. 5. Do NOT be afraid to quit a job in which you are not appreciated, or it feels like slavery. Quit, and move on. 6. Do not let this channel scare you off. I see what they are doing here. Basing a video in the 1out of 5, instead of the 4 out of 5 who are happy with their new jobs. Companies lose money in the hiring process, so no wonder they sent this channel to try to influence you!
Thanks, Amy. You’re a real one! I genuinely loved my last job but took a slight pay cut to get there (running from toxic leadership an job before that). It wasn’t clear there would be much opportunity to fast track a promotion with significant pay raise at my last job. I honestly wasn’t looking to leave, but a recruiter found me about a job with a company with which I was familiar. We chatted 2x on the phone, then I had another 1 virtual interview before an offer was made. Significant pay increase was the main draw. I’m now about 1.5 years into my current role and I severely miss everything but the pay with my last role. I think what’s mostly keeping me here (besides the money) is the exhaustion of changing jobs like you cited. I’ve held 3 jobs with 3 different employers since 2020. Obviously, I was nervous about switching too much but you helped debunk that. I still think I’m going to hang tight for now, my current job isn’t bad I just don’t think I fit the company and my confidence is low both socially and as it relates to the role at times. I had in my mind I may start to look a little more intently in 2025. Regardless, thanks for this video!
Many people are working from home now, that the likelyhood of that factor is growing. But, the people who cannot work from home envy the people who do in most cases. There so many benefits to working from home, besides saving money, that are not factored in when one commutes to work. There is a real rub here that's not going away anytime soon.
the point made about shorter resume stints is a good one. my talent acq friends and leaders have told me that what's most important here is the story behind it. as I have moved around for reasons of poor fit and lack of clarity on the hiring need, this "just not my people or place" is often met with "yea, I know just what that feels like."
I always recommend that you leave a job only when 1. you've learned something significant and 2. you've contributed something significant. This is not time bound specifically. It's also a good idea to brush up your resume every year and notionally job hunt-- so that when you decide to stay, it's a conscious and informed decision-- which increases connection to purpose, and thus engagement, performance, longevity.
one innovation that I am working on with a company I consult to is putting in place a 3 month trial part-time role WITH basic medical benefits so that role fit can be tried out by both parties before possible FT offer is made. this org is making a part-time offer to their top 3 candidates for the same role (but diff projects so that they don't uncomfortably "compete" w/ each other) so that all parties can still be job hunting thru this while the org sees who is a great fit for full time and/or continued contracting arrangement. (they could find role arrangements for all three possibly if all are great fits). food for thought on how to do hiring differently esp in light of research that keeps showing (ala Buckingham and Goodall and others) that there really is no great due diligence process that works to discover role fit -- just have to be there for a while in-role.
The grass is always greener on the other side... Focus on creating marginal value and find a employer that values your contributions and you can grow with.
People who are complaining that their income is low or they deserve higher salary, they should create more value in the market. Update yourself with high income skills to be able to create more value into the market place to be paid well. a fellow creator.,.,.,
يا لحظكم انتم الامريكيون والغربيون عموما حيث لديكم هذا العديد الكبير من الوظائف وفرص العمل التي تكفل حياة كريمة للانسان.. انظروا فقط الى حالتنا في العالم الثالث وخصوصا الدول العربية او افريقيا في العالم الثالث او شبه القارة الهندية...في هذه الدول كلمة وظيفة او عمل تختلف تماما عن معناها عندكم في أمريكا او الغرب!!
I've recently got a new job at a university's restaurant. Originally, a worker I knew said temporary labor get to pick their hours, but I ended up with a schedule from eleven AM to six PM, Monday-Friday. See, I always preferred to take a weekday (and Sunday) off. That way it isn't five days straight; there's a break day in the middle. First day was all right, but in case I don't like the job and end up miserable here (same reason I left my last job), how inappropriate would it be for me to switch out of the job in, say, March or April?
regarding topics for future vids, a focus on how to bring cross-cultural mindsets into workplace innovation (even with US centric or US only orgs) would be great. at the pragmatic team level with say, examples of how to wear cross-cultural continuum hats in working through product innovation. thank you:)
So, here's my problem. I am a teacher in a school from class pre nursery till 12. There my salary is 21k, and I teach from classes 9 to 12. That sucked so, I recently applied to a school that only has 11 and 12, and apparently that is the best school in my area. But, the thing is on the advertisement, the starting salary says 20k. I got selected and after negotiating, I was offered 21k which is the same as my previous salary. Also I was also asked for a retention in my salary and they said that if I did not quit the job for 3 years I would get my money back. Upon asking other teachers, I also found out that their salary was not asked for retention or any sort of the kind. I feels like I made a mistake in negotiating or is it worth feeling guilty. P/s: Even though I regret about the salary others are very fine. For example- no. of classes are reduced, reduced working hours, nice working environment and yes better growth opportunities, and a slightly higher increment.
where to look? been trying indeed but no responses at all. got completely uprooted due to covid and came back to usa from abroad. struggling to readapt.
None of the advice in the first segment is conflicting though. Maybe the priorities need to be aligned but generally it’s true, you should stay in a job for at least 2 years, you can simultaneously be aware of your value in the market, you should also still not quit a job without one lined up, and this could all be a moot point if your current employer is abusive or not supporting your career or personal needs.
Framing Effect: 4 out of 5 people who switched jobs did not regret it.
Statistics: 16 out of 25 people who have switched jobs twice did not regret both switches 🙄🙄
Out of 500 surveyed, 100 people did regret switching their jobs.
Truth
Yet
99 out of 100 statistics in comments on the internet from random people that just make the number up.
Get a 3% raise at your current job or 15-20% by switching. Do the math
15-3 = 12
20-3 = 17
Employers never pay more than the replacement value for your job role period. If someone is able to change jobs for a 20% increase that means you are still underpaid by at least 17% even with a 3% raise. Then the opportunity cost is your total lifetime earnings. For example 20% on a $50k salary with 30 remaining working years is $300K. I get some people don’t work for money. But why would you let your employer take advantage of you on money that is rightfully yours?
There’s value in switching because you gain confidence you can do it, and a different perspective. Do it, if it makes sense.
On counter offers. This means you've considering moving due to something your management could fix but haven't; until you've told them about another offer. If your organsiation's respect for you is such that you have be willing to leave for your needs to be considered; there are probably deeper issues.
On always keeping an eye out for new opportunities. I disagree this is a bad thing, as there's a big difference between looking and taking a new opportunity. Looking keeps you informed about the industry you're in, what skills are valuable, and what remunerations/conditions are out there. Fundamenetally, it's your responsibility to manage your career and that's difficult without information about your options.
Always worked for me
Switching is healthy, but not mandatory.
Never leave until you have accepted a new one is very important.
Never ever accept a counter offer.
Leave toxic business practices as fast as you can because it will never change.
Be youself not what your company would like you to be.
Every year test the company and yourself, are you in the right place doing the right thing for the right reward.
I've never heard your last point clearly articulated by anyone before. Excellent advice
Great point about the emotional drain from starting over. That's often overlooked
I realized that my old career choices were negatively affecting my mental (and occasionally physical) health, and I decided to start my own company doing something that I enjoy. It is by far the hardest job that I have ever done, but it's the only one that I enjoy waking up for.
It may not work out for me, it may not make me a lot of money, or it could do the opposite, but I will try and do my best.
And at least if I do ever get another 9-5, this company fills in the gaps on my resume, so future employers can see that I am capable of handling my own projects and am eager to learn new skills.
Lateral moves are also good if you're going from a shitty boss/team to a much better one.
Very good point!
I left my first job out of college after 1yr. I've been at my current job for 11yrs now, and if all continues to go well. I plan to stay here until I retire.
This was the best distillation of *true* advice about switching jobs. Thank you.
Glad you found it useful!
Lol who says you should make a lateral move? It’s one of the best ways to develop yourself and learn new skills. Even a step down in pay for a short time to gain a specific skilll set it a great move .
Very good points. Most important being: don’t be too harsh to yourself. I’ve switched a lot, it is very exhausting mentally - to the point that you start asking yourself difficult life questions.
Sometimes it’s just the market, not you - lay low, train yourself, rest a little.
Here is the thing: Everyone has different career goals. Ask yourself, what is your dream job and what are the requirements? Maybe instead of quitting your current job, maybe you need another credential or you need to apply internally to another one that may be closer to your dream.
I'm at that exact position. I studied and now did my internship on the new industry i want to move in or on my dream job. However here's the thing, my dream job barely pays any. Minimum wage
Too expensive
@@vanniedahilig8096 Money isn't gonna be worth your happiness. You need the job that makes you happy, other wise your gonna be rich and depressed, terrible combination.
@@lyndsaybrown8471 Not really, they have online programs that you can get your education and go back part time. At prestigious institutions, too.
Personal advice: gather as much intel as you can (legally and morally) about the organisation and team you are planning to join. Does the culture suit your core values? Most importantly, find out what you can about your potential future boss, whom will no doubt play a big part in your life should you make the move. Seek opinions from those that don’t need to say only nice things about them, preferably with supporting information of their past actions and behaviours.
This is great advice. I talk to so many people who aren't happy in their new job and say, "I wish I'd done more research..."
I have hopped around jobs a lot so I can give you an advice from my experience:
1. Make sure your next job has "growth" opportunity. That people are not stuck in the same place for years.
2. Make sure they pay well. You will need that to cope with inflation. (Thanks President B!!!).
3. Make sure they allow you to have great work/life balance. If you are remote, you know that the boundaries between your personal time and work are quite blurry sometimes.
4. Make sure you observe your future boss in the interview. He may end up being a D.
5. Do NOT be afraid to quit a job in which you are not appreciated, or it feels like slavery. Quit, and move on.
6. Do not let this channel scare you off. I see what they are doing here. Basing a video in the 1out of 5, instead of the 4 out of 5 who are happy with their new jobs. Companies lose money in the hiring process, so no wonder they sent this channel to try to influence you!
Thanks, Amy. You’re a real one!
I genuinely loved my last job but took a slight pay cut to get there (running from toxic leadership an job before that). It wasn’t clear there would be much opportunity to fast track a promotion with significant pay raise at my last job. I honestly wasn’t looking to leave, but a recruiter found me about a job with a company with which I was familiar. We chatted 2x on the phone, then I had another 1 virtual interview before an offer was made. Significant pay increase was the main draw. I’m now about 1.5 years into my current role and I severely miss everything but the pay with my last role. I think what’s mostly keeping me here (besides the money) is the exhaustion of changing jobs like you cited. I’ve held 3 jobs with 3 different employers since 2020. Obviously, I was nervous about switching too much but you helped debunk that. I still think I’m going to hang tight for now, my current job isn’t bad I just don’t think I fit the company and my confidence is low both socially and as it relates to the role at times. I had in my mind I may start to look a little more intently in 2025. Regardless, thanks for this video!
I swich kob every 3 to 4 years and alwys for the better. Hopefully i will stay at this job for more then 4 years, i love going to work!
Many people are working from home now, that the likelyhood of that factor is growing. But, the people who cannot work from home envy the people who do in most cases. There so many benefits to working from home, besides saving money, that are not factored in when one commutes to work. There is a real rub here that's not going away anytime soon.
I am enjoying a hybrid work plan.
depends on your situation and how you feel about what you have now!
Really liked the way you busted the common myths :)
Great video! Thanks for sharing these insights.
the point made about shorter resume stints is a good one. my talent acq friends and leaders have told me that what's most important here is the story behind it. as I have moved around for reasons of poor fit and lack of clarity on the hiring need, this "just not my people or place" is often met with "yea, I know just what that feels like."
I always recommend that you leave a job only when 1. you've learned something significant and 2. you've contributed something significant. This is not time bound specifically. It's also a good idea to brush up your resume every year and notionally job hunt-- so that when you decide to stay, it's a conscious and informed decision-- which increases connection to purpose, and thus engagement, performance, longevity.
This is so so on point!
Thank you for sharing!
one innovation that I am working on with a company I consult to is putting in place a 3 month trial part-time role WITH basic medical benefits so that role fit can be tried out by both parties before possible FT offer is made. this org is making a part-time offer to their top 3 candidates for the same role (but diff projects so that they don't uncomfortably "compete" w/ each other) so that all parties can still be job hunting thru this while the org sees who is a great fit for full time and/or continued contracting arrangement. (they could find role arrangements for all three possibly if all are great fits). food for thought on how to do hiring differently esp in light of research that keeps showing (ala Buckingham and Goodall and others) that there really is no great due diligence process that works to discover role fit -- just have to be there for a while in-role.
The grass is always greener on the other side... Focus on creating marginal value and find a employer that values your contributions and you can grow with.
good video! I will say that one or two short stints won't hurt a resume, but a history of short stints surely will.
Great video but the thing is this only for Us Context not an international one!
You can avoid the gaps thing by only putting years on your employment dates on your résumé. Get rid of months.
This is a critical interview to help address my questions related to job switching
1/5 wish they stayed in their old job, but 1/2 want their old job back.
What?
Excellent. Thank you for sharing
Thanks for sharing! Really useful
People who are complaining that their income is low or they deserve higher salary, they should create more value in the market. Update yourself with high income skills to be able to create more value into the market place to be paid well. a fellow creator.,.,.,
How deal with commitment dishonored by employer (management) in terms of vertical growth (Promotions) ?
Thanks for sharing this great video!
يا لحظكم انتم الامريكيون والغربيون عموما حيث لديكم هذا العديد الكبير من الوظائف وفرص العمل التي تكفل حياة كريمة للانسان..
انظروا فقط الى حالتنا في العالم الثالث وخصوصا الدول العربية او افريقيا في العالم الثالث او شبه القارة الهندية...في هذه الدول كلمة وظيفة او عمل تختلف تماما عن معناها عندكم في أمريكا او الغرب!!
I've recently got a new job at a university's restaurant. Originally, a worker I knew said temporary labor get to pick their hours, but I ended up with a schedule from eleven AM to six PM, Monday-Friday. See, I always preferred to take a weekday (and Sunday) off. That way it isn't five days straight; there's a break day in the middle. First day was all right, but in case I don't like the job and end up miserable here (same reason I left my last job), how inappropriate would it be for me to switch out of the job in, say, March or April?
Life is too short to stick to your job if you dislike it
regarding topics for future vids, a focus on how to bring cross-cultural mindsets into workplace innovation (even with US centric or US only orgs) would be great. at the pragmatic team level with say, examples of how to wear cross-cultural continuum hats in working through product innovation. thank you:)
I really like her glasses. Wonder what the brand is?
Thanks for sharing!!
May I ask which fields can a professional property / leasing officer ormanager change please?
We must be a visionary
So, here's my problem. I am a teacher in a school from class pre nursery till 12. There my salary is 21k, and I teach from classes 9 to 12. That sucked so, I recently applied to a school that only has 11 and 12, and apparently that is the best school in my area. But, the thing is on the advertisement, the starting salary says 20k. I got selected and after negotiating, I was offered 21k which is the same as my previous salary. Also I was also asked for a retention in my salary and they said that if I did not quit the job for 3 years I would get my money back. Upon asking other teachers, I also found out that their salary was not asked for retention or any sort of the kind.
I feels like I made a mistake in negotiating or is it worth feeling guilty.
P/s: Even though I regret about the salary others are very fine. For example- no. of classes are reduced, reduced working hours, nice working environment and yes better growth opportunities, and a slightly higher increment.
where to look? been trying indeed but no responses at all. got completely uprooted due to covid and came back to usa from abroad. struggling to readapt.
None of the advice in the first segment is conflicting though. Maybe the priorities need to be aligned but generally it’s true, you should stay in a job for at least 2 years, you can simultaneously be aware of your value in the market, you should also still not quit a job without one lined up, and this could all be a moot point if your current employer is abusive or not supporting your career or personal needs.
Thanks dude
Really good advice, thank you.
Wow, this video is so much above UA-cam pay grade.
Thanks for sharing this video .
Go wherever the money is at
Amy has "Hot Librarian" vibes. 😆
Better answer is to start your own business. You do not want to be beholden to a single employer. Too tenuous of a position to put yourself in.
Nice
There is no working friends..
Female Profesor G :)
This was sponsored by Big HR, suggesting everything that will suppress wage growth.