Interesting piece +Ron McManmon
. Unless I missed something, the 50% less claim is just based on assumed pay growth if you change jobs several times vs. stay in your current role - right?
I would agree that changing employers every few years can produce leaps in salary if each move is made for a good promotion. But this analysis over eggs the pudding! The same employee who is good enough to get a promotion every two years by moving doesn't EVER secure a single promotion if they stay with their existing employer?! That doesn't add up.
What I would find more credible is the claim that people who miss out on a promotion can accelerate their earnings by then changing employer to a company that will reward them for making the move by giving them a promotion. That's where I've seen those who move outpace those who play it safe and stay put.+Suzy Tonini
- certainly agree with your assessment that contracting is gaining momentum and being able to regularly renegotiate your true worth may well be one reason for this...