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#Careers & Work

Switching Jobs for Higher Pay: The HR Perspective on Company Loyalty

An HR expert suggests that changing jobs can lead to better salaries, challenging the notion of company loyalty. However, there are important considerations before making a move.
Switching Jobs for Higher Pay: The HR Perspective on Company Loyalty
A What happened
An HR expert suggests that changing jobs can lead to better salaries, challenging the notion of company loyalty. However, there are important considerations before making a move.

Key insights

  • 1

    Job Hopping for Financial Growth

    The article highlights that employees often experience significant salary increases when they switch companies, as opposed to staying loyal to one employer.

  • 2

    Evaluating the Risks and Benefits

    While better pay is a strong motivator, the article points out the risks of job hopping, such as instability and the potential negative perception by future employers.

  • 3

    The Importance of Timing and Strategy

    Strategic timing in career moves is emphasized, as well as understanding one’s career goals and industry trends before deciding to switch jobs.

Read the full article on mint