Skip to main content

How much job hopping is too much?

Happy Friday, Penny Hoarders! In the last year, it's become really popular to quit your job. We see headlines every day about the Great Resignation and worker shortages. But what I'm wondering about is how much job hopping is too much?

Last month, I received a letter from a reader who was fed up with her husband's constant job hopping. https://www.thepennyhoarder.co...endless-job-hopping/ He switches jobs every six months to a year, and it sounds like he has a lot of problems with co-workers. And of course, that becomes her problem because she has to hear about his problems with co-workers. She worries about what will happen should he get himself fired someday.

I certainly think some job hopping is good. Often, the only way to get a substantial raise is to switch jobs or get promoted. I'm definitely in favor of doing whatever you need to do to improve your financial situation and overall quality of life. But when you're switching jobs every few months, you don't really let yourself develop mastery of anything. You also don't build deep connections with colleagues who can vouch for you should you find yourself out of work.

In the letter writer's case, it sounds like the husband's problems are much bigger than work. I doubt that there's any job that will make him happy.

But I guess I'm curious about how you approach switching jobs, especially at a time when workers are in such high demand. If you see a job that has better pay and benefits and you're qualified, do you automatically apply? Or are there other factors beyond salary and benefits that you consider? Do you still subscribe to the old rule that you should stay at a job for at least a year? Is there a job you regret staying at for too long — or not long enough?

Robin Hartill aka Dear Penny is a certified financial planner and a senior writer at The Penny Hoarder.

Original Post
×
×
×
×