Time to Job Hop, Happy New Year - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




Time to Job Hop, Happy New Year

Reply
 
Thread Tools
  #1 (permalink)  
Old 24-12-2007, 03:59 PM
Salary.sg
Guest
 
Posts: n/a
Default Time to Job Hop, Happy New Year

It's no secret that one easy way to "promote" yourself and to give yourself a salary raise is to job hop.

While it's been frowned upon in the past, it's now part and parcel of career progression. A tool of the trade.

Saying no to job hopping is unwise - loyalty is an overrated attribute. Being loyal is so 20th century.

Even if you're loyal to your company, do you think your supervisor, his boss, and even the management are all loyal? And how sure are you that when times are bad, you won't be in the line of fire? Loyalty and reciprocation don't work hand in hand.

How to get ahead?

First, money speaks loudest. Just look at all the benchmarking, the overpaid CEOs, and highly paid professions (here).

So, get a good job offer, one which promises a pay package 20% upwards of your last drawn salary, and submit that resignation letter without hesitation.

Now, you say, this is too money-minded. A career is not only about money.

Ok, let's also consider training opportunities, organization culture, prospects, and so on.

I don't think your current company is tops in all these aspects. Surely, there must be some other companies that are better. Why not consider them?

Your new company may have a better culture, you may get to work with a good boss and better colleagues, you may get to travel (but not too frequently), get good training, have more room for growth, AND on top of all these, have a nicer job title AND a higher pay.

Give it a try.

How frequent should you change job?

Once every 2 years is fine. In some industries, e.g. banking & finance, shorter tenures are acceptable and even encouraged (it seems).

http://www.salary.sg/2007/time-to-jo...appy-new-year/

Reply With Quote
  #2 (permalink)  
Old 02-05-2016, 02:40 PM
Unregistered
Guest
 
Posts: n/a
Default

Employees can also maximise their salary by switching jobs when they’re younger. While data for Singapore is limited, the Resolution Foundation in the UK found that “frequent moves are key to the steep pay progression trajectory successive cohorts experience as they gain a foothold in the jobs market. Crucially the ‘switching premium’ relative to those who stay put is greater when young.” Data showed that ‘job stayers’ averaged 4.4 per cent median annual pay growth for 18-29 year olds over 2007-2014, compared to 11.8 per cent for ‘job switchers’.

http://m.todayonline.com/business/do...lp-your-pocket

Reply With Quote
  #3 (permalink)  
Old 02-05-2016, 08:34 PM
Unregistered
Guest
 
Posts: n/a
Default

Yup going to start new place soon

Reply With Quote
  #4 (permalink)  
Old 05-05-2016, 08:49 PM
Unregistered
Guest
 
Posts: n/a
Default

Yup in deep **** now
Reply With Quote
Reply

Bookmarks

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Year-End Bonus Ranking Salary.sg Income and Jobs 27 20-07-2012 06:57 PM
Wage increase at 4.1% this year Salary.sg Income and Jobs 0 13-07-2007 01:06 PM

» 30 Recent Threads
Career as Teacher ( 1 2 3... Last Page)
10,850 Replies, 6,670,367 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
1,805 Replies, 1,045,236 Views
JP Morgan ( 1 2 3... Last Page)
199 Replies, 173,401 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
15,319 Replies, 4,984,690 Views
GovTech ( 1 2 3... Last Page)
5,163 Replies, 2,164,650 Views
Shopee fresh grad pay ( 1 2 3... Last Page)
1,050 Replies, 440,715 Views
Mining Industry ( 1 2 3... Last Page)
80 Replies, 74,509 Views
How is life as a doctor in... ( 1 2 3... Last Page)
7,239 Replies, 3,399,683 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
5,340 Replies, 4,772,353 Views
Civil Service Current Estimated... ( 1 2 3... Last Page)
171 Replies, 309,530 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
680 Replies, 388,737 Views
Compare civil service salary ( 1 2 3... Last Page)
16,343 Replies, 12,457,747 Views
Lawyer Salary ( 1 2 3... Last Page)
21,015 Replies, 10,330,944 Views
ST Electronics ( 1 2 3... Last Page)
3,768 Replies, 1,545,254 Views
UOB Management Associate Program ( 1 2 3... Last Page)
1,457 Replies, 784,719 Views
Is getting a PMP worth it ?
4 Replies, 7,170 Views
Visa Graduate Development Program ( 1 2 3... Last Page)
207 Replies, 134,715 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,922 Replies, 2,903,532 Views
Nparks ( 1 2 3... Last Page)
39 Replies, 34,431 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
5,828 Replies, 4,657,422 Views
ITE Polytechnic Scheme ( 1 2 3... Last Page)
309 Replies, 369,350 Views
Constituency Manager (People... ( 1 2 3... Last Page)
989 Replies, 814,022 Views
Julius Baer Graduate Program 2023 ( 1 2 3)
21 Replies, 14,828 Views
Roles in accenture singapore ( 1 2 3... Last Page)
7,385 Replies, 2,324,899 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
752 Replies, 358,737 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,464 Replies, 1,375,698 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,260 Replies, 613,840 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
6,123 Replies, 3,738,998 Views
MX12 reappointed at MX11
8 Replies, 848 Views
Hospital (Private or Public)... ( 1 2 3... Last Page)
749 Replies, 405,718 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 02:36 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2