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Talked to a retired guy at the coffee shop who changed how I see job hopping

I was grabbing coffee last Tuesday in Austin and an older guy named Bill started chatting me up. He said he worked 38 years at the same company and retired with a pension, but he told me younger folks are smart for switching jobs every 2-3 years because loyalty doesn't pay the bills anymore. It hit different because I've been at my current place for 4 years and been scared to leave, but he said staying put cost him at least $200k in missed raises. Has anyone else had an older worker give them permission to move on?
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kai914
kai91414d ago
That "200k in missed raises" math doesn't really work since raises compound differently for everyone.
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hugo825
hugo82514d agoMost Upvoted
38 years at one place and he's telling you to job hop? That's wild. I had to read that twice. @kai914 might be right about the math being fuzzy, but I just can't get over a guy who stuck it out that long saying the opposite is the smart move. Most people that age would be all about loyalty and paying your dues. Man, that's a real wake up call.
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