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Switching jobs is a natural occurrence in our economy, but young people are doing it more often.
Job hopping has become routine among millennials, as our Circa Campus correspondent Nick Cioffi found out, and they anticipate working an average of nine different jobs throughout their careers.
Is loyalty to employers subsequently becoming a relic of the past?
New jobs, new opportunities
Previous generations would spend their entire careers slaving away at the same company, but millennials are job hopping frequently in the new economy.
Pension opportunities and career ladders are becoming supplanted by job fulfillment and an unwillingness to settle down in one place.
People quit their jobs for many reasons, but the main cause behind job hopping is to pursue better opportunities elsewhere.
The reason that job hopping has become so prevalent today is because millennials are leaping toward new opportunities in hot pursuit of job happiness.
In the past, workers would have a better chance of a pay raise by staying at their company, but not anymore.
Now, new jobs mean fresh chances to renegotiate salaries and new opportunities. Each job switch is an attempted step toward fulfillment, and employers have been catching on to the trend.
No more stigma
In the past, job hopping would be seen as a red flag to potential employers, but this is no longer the norm.
With changes in our economy, the stigma toward job hopping has been steadily disappearing.
While a few companies may still worry over the flakiness of their young staff, many are embracing the short-term standard, choosing instead to focus on bringing out millennials' talents while they are around.
Millennials are prioritizing themselves and their own careers over job loyalty, and employers have no choice but to react to their available workforce.
An indecisive generation
It’s crucial to note that career indecision undoubtedly plays a role in the context of job hopping for millennials.
With 70 percent of us disengaged at work, there are still issues within our job choices that ought to be confronted.
When millennials switch jobs, it should be because they are working toward a goal they would like to achieve, but a lot of young people just don’t know what they want out of their careers.
Hopping around and experiencing different sides of the job market can help to bridge that gap, but it is important to know what you are eventually looking to find when you leap back into the job market.
So when you switch jobs, make sure that it’s for the right reasons, and you’ll have a stronger chance at ending up at a the right position down the line.
Employer loyalty has been fading away, and job hopping has been taking its place. There are now real, tangible benefits intertwined with job hopping that are tough to pass up.
But bear in mind that people aren’t just quitting their jobs for no reason, they’re doing it to climb up the economic ladder and better their own careers.
With clear advantages and promising job opportunities, job hopping has become a frequent endeavor for millennials.