Is job hopping a good thing? | The Citizen

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Is job hopping a good thing? | The Citizen
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Job hopping could lead to fewer promotions or smaller salary increases. 🙁💵 Jobs jobhopping Find out more here ⬇️

When considering the package offered by your company or potential employer, there are key things to look out for that could make a significant financial difference down the line, Botha says.

Group benefits such as group life cover, income disability, pension and provident funds are also important. These are deducted before tax, improving your net income while covering you for important things such as retirement or loss of income. A job hop often comes with a salary increase too and this is an obvious incentive, but at what cost? Staying in one role may have benefits you cannot immediately quantify in terms of monetary gain but could be better for your finances overall.Becoming an expert: When you stay in a role with one company, you position yourself as an expert in your field.

Mentorship matters: Organisations tend to invest in talented people who show potential and commitment. This may mean executive development and mentorship opportunities, which coupled with prolonged experience in a role, could significantly improve earning potential.

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