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>Moving jobs entails significant risk. Yes - but so does not moving jobs. I have several friends who played the big company game, got to a senior level and the

by sgt101 5y ago

>Moving jobs entails significant risk. Yes - but so does not moving jobs. I have several friends who played the big company game, got to a senior level and then got ditched. Their problem? Well - they got shafted and emptied out at peak expense time; mortgage, kids, divorces etc, they got emptied when they were still 15 years short of thier retirement target, and their CV's are mono-corporate. This made finding work very challenging. In olden days you could say confidently that if you got to director level in a big company in the UK you were set. There was a job for life at a very nice salary if you wanted it.

danjac 5y ago
Agreed, it's difficult to make the call when to make your move, and staying too long can be harmful. Generally I'd say it's better to move around more earlier in your career when you're figuring out what kind of company environment is more to your liking and what skills to specialize in. But it's easy to get complacent and stick around too long in one place. In any case, you have to weigh the pros and cons, but jumping ship just for the lure of a fatter paycheck is not necessarily going to make you happier or do your long-term career any favours.
- sgt101 5y ago
  Yes, true. Jumping ship for money is a motivation to mull for sure. Sometimes you can't say no, it's just too significant in terms of finance. Sometimes it's worth considering that the extra $ will change other pressures (perhaps rent on something close to work that will give back 2 hrs a day travel time, perhaps more / better childcare, perhaps pay off short term debt and change the dynamics of your finances). But, yeah, moving for money can screw things up. My advice (fwiw) is move for growth. Can you identify something that will change your CV for the good about the new gig. If so then the extra money is essentially paying for your next job - you will be able to find something even better (hopefully p>0.??) after, if this one doesn't work out.

by sgt101 5y ago

danjac 5y ago

Agreed, it's difficult to make the call when to make your move, and staying too long can be harmful. Generally I'd say it's better to move around more earlier in your career when you're figuring out what kind of company environment is more to your liking and what skills to specialize in. But it's easy to get complacent and stick around too long in one place. In any case, you have to weigh the pros and cons, but jumping ship just for the lure of a fatter paycheck is not necessarily going to make you happier or do your long-term career any favours.

sgt101 5y ago
Yes, true. Jumping ship for money is a motivation to mull for sure. Sometimes you can't say no, it's just too significant in terms of finance. Sometimes it's worth considering that the extra $ will change other pressures (perhaps rent on something close to work that will give back 2 hrs a day travel time, perhaps more / better childcare, perhaps pay off short term debt and change the dynamics of your finances). But, yeah, moving for money can screw things up. My advice (fwiw) is move for growth. Can you identify something that will change your CV for the good about the new gig. If so then the extra money is essentially paying for your next job - you will be able to find something even better (hopefully p>0.??) after, if this one doesn't work out.