Job hopping was all the rage, but the days of big salary increases from switching careers might be over
Workers are increasingly holding onto current jobs because job-hopping no longer reliably yields large pay gains amid layoffs, AI disruption, and weak labor growth.
This Gen X CEO has only worked at one company for 35 years-she says job-hopping Gen Z are not putting enough energy and time into their current gigs
"I came in thinking I'd be here for a couple of years, and here I am, 35 years later," she tells Fortune. And while proponents of job hopping might view Godwin's path as complacent, she sees it as resourceful.
The hidden costs of job-shopping and hopping when you already have a good gig. How to weigh the pros and cons of switching up employers in the current economic climate
Job hopping may lead to short-term salary increases but has long-term career and financial consequences.