Home About IUP Magazines Journals Books Amicus Archives
     
A Guided Tour | Recommend | Links | Subscriber Services | Feedback | Subscribe Online
 
MBA Review Magazine:
Job-hopping : The Good, the Bad and the Ugly
:
:
:
:
:
:
:
:
:
 
 
 
 
 
 
 

Job-hopping often sends negative signals to the potential employer. Given that, learning the relevant skills and gaining knowledge must be made key objectives by job-hoppers for a successful career.

 
 
 

Unlike in the past, businesses are more dependent on their top performers to innovate and provide services that distinguish them from their peers. In other words, human assets are vital to survive and thrive in today's business environment. With the increasing job opportunities and cut-throat competition, many corporations and government agencies are struggling to retain their valued employees. In the past, retaining top talent was not an issue, but the changing patterns of employer-employee contracts have created new structure in the workplace. Earlier, employees used to work hard, be loyal and give their all against a job for life, and be happy with regular salary increases and promotions. However, that system is no longer valid and the new contract states that employees must now work harder. They are not only doing their jobs, but the jobs of their former co-workers who were right-sized. Moreover, job security is extinct, promotions are limited but salary increases are modest at best, while, constant uncertainty of change is the order of the day.

Welcome to the world of job-hoppers. It's an employee-driven economy and organizations have become talent dealers by adopting aggressive pay positioning and increased benefits. With more opportunities and avenues round the corner, organizations are increasingly at the mercy of employees. Job-hopping is a practice of changing jobs frequently, especially as a means of quick financial gain or career advancement. In most of the industries, job-hopping is the norm and job-hoppers are now readily accepted by many employers as a new breed of flexible employees. Today, one-quarter of all employees have worked at their current job for less than a year.

Job-hopping is more common and accepted in the high-tech industry than in other industries. In tight high-tech labor market, to attract the right talent, IT companies offer lucrative stock options for skilled workers. Of late, even traditional industries are seeing people change jobs more often. Rick Pflugradt of ProTemps Professional Personnel, an Oakland placement says, "It used to be that 10 to 15 years at a job was considered good stability. Now, it's not uncommon for people to move around from year to year."

 
 
 

MBA Review Magazine, Job-hopping, Business Environment, career Planning, Information Technology, IT, Corporate Goals, Career Transitions, Integral Talent Systems, Employee-Driven Economy, Curtis Crawford, Corporate Rise.