Last month, I wrote about how I had increased my income significantly by switching jobs.
This isn’t always the case though. Indeed, Business Insider recently published an article suggesting that people who hop from job to job to climb the corporate ladder actually earn less money.
In their figures, people who stayed in the same job for five years experienced pay increases of around 8% on average, compared to 5% for those who changed jobs regularly. This may be unrepresentative of the wider market as it was a survey of those in Silicon Valley, though this should actually make it more comparable to my figures.