How long do you wait to job hop seeking better opportunities? What do you factor in when making that decision?

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  • #91784 Reply

      I love my current job and get along great with my manager. I’m their backup when they are OOO and they have told me that they see me as a manager and are prepping me for that role.

      However, I know a lot of that mobility won’t truly be up to them and I don’t want to stick around too long waiting for an opportunity that may or may not come. I do enjoy my work, my relationships with my coworkers, and feel I am compensated well for my work.

      Currently paid $96k after my raise this year which was higher than the rest of my team (was previously $90k and I also got a bonus).

      #91785 Reply

        I almost always start looking at the 2 year mark. At that point your know if you have a job worth staying at or it’s time to move on. From the info you gave I would stay seems like they like you and didn’t just give you lip service.

        #91786 Reply

          There’s a lot of long term value that’s built out of staying and building reputation, prestige, and accolades that becomes profitable later. If you hop too often to reach FIRE , you can paint yourself into a corner in several ways- being typecasted as a hopper, not staying anywhere long enough to build relationships and skill growth.

          With that said, I wouldn’t hop unless it’s at least 30k more, especially when you like your current spot and can still accrue plenty of wealth in the time being. But i completely understand striving for more, breaking 100k was a huge milestone for me and the middle class crunch is creating a need to make a lot more these days.

          Also, check out: Accountants/CPAs: Share your experience, salary range, and job satisfaction?

          #91787 Reply

            I’m always casually looking in case something comes along that really interests me, but start more actively looking ~2 years in — this allows for me to have lead priority projects and generally get a sense of growth opportunities.

            I reassess my job all the time to see if I’m learning and earning – and I need to be doing at least one to stay, but both is preferred. In terms of a new role, I’d be after at least 20% increase to move, pending other circumstances.

            #91788 Reply

              At least 2 years. It’s long enough to show some kind of commitment but not long enough to be stuck. That’s how I got from 85k to 175k in 4 years. I also got my MBA during that period for which my employer paid for.

              #91789 Reply

                2 yrs if you are not getting at least 4% a year, if they are taking care of you, stick around until they don’t.

                #91790 Reply

                  In the book or audiobook Diary of an Early Retiree: How You Can Do It Step by Step there is a stair step strategy for his long to stay at a job and it carries depending upon your age.

                  #91791 Reply

                    You have a good thing going. Not always easy to find a job and manager you enjoy working with and who will support you. Your raise and bonus show they recognize you have potential. Continue knocking it out of the park at work and they will reward you.

                    That being said there is always no harm in looking and leave when it’s an opportunity you can’t pass up – you will know it when that happens

                    #91792 Reply

                      You like the job, they treat you well, they are giving you ongoing training, you got a nice raise. What’s the problem?

                      Must be part of a younger generation.

                      #91793 Reply

                        I literally never stop looking. I’ll jump as soon as I find something better. The money is worth an hour per week.

                        #91794 Reply

                          You can also ask your managers for a timeline. “When do you think I can get a promotion” or what skills do I need to acquire to become a manager? Etc. also a word of caution, it seems like that you are in a great position. Given the current job market, you might have a higher risk of being laid off if you are a newbie to the company.

                          Lastly, the money better be worth it for you to give up your current position.

                          I wouldn’t leave for 5-10% increase.

                          Explore these too: I got laid off from my job few months ago and moved my 401K to my IRA account

                          #91795 Reply

                            I know it’s unpopular opinion, but I rarely do. I love my company and feel fairly paid. Sure, I could possibly make more by jumping, but I’ll never sell my peace for a buck. Now, if you’re unhappy or underpaid – leave anytime!

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