How to avoid getting paid 50% LESS!

How many times have you changed job since you started work?  My answer would have shocked my grandfather, who is no longer with us, but was head of research in a large pharmaceutical company, whom he served all his life.  It would have raised the eyebrow of one of my uncles, who was head of HR at a well-known FMCG group.  And it would even have bewildered my entrepreneur uncle who created a global travel agency empire.  All of these men valued loyalty, and lifelong careers above everything else.

are you staying for the wrong reasons?

are you staying for the wrong reasons?

It used to be thought that if you changed jobs frequently, this was because you could not get on with others, or you did not work well.  That attitude is largely disappearing…

There are several reasons for this shift: not least, the likelihood of jobs for life at all; plus more unpredictable economies around the world, and of course changing expectations.

Several prominent talent leaders have commented on this subject recently, not least the former Chief Talent Officer for Netflix, who openly states her belief that we should all be hopping jobs every 3 to 4 years.  There is also evidence that those who stick around too long in one company tend to be paid up to 50% LESS than their peers who have arrived more recently, doing the very same job!

We also know that the “learning curve” flattens pretty dramatically after three years or so, so even the myth of “the longer you stay the more valuable you are” disappears out of the window!

So, are you getting ready for your change?  How many years have you been in your current company and role?  Should you be preparing an exit?  Where do you want to go?

are you ready to make the leap?

are you ready to make the leap?

By the way, in case you were curious, I have changed job 10 times, in 30 years!  That makes me way older than I like to think of myself, but also on target for the current recommendations of regular jumps!  I don’t intend stopping coaching, though, so if you want some help with your next change, let me know!