Changing employers can come with some costs; however, the maneuver often serves as an avenue for not only career advancement but also better pay and benefits.
Job-switching has long been one of the best defenses against rising prices.
However, with the labor market stuck in a low-churn, low-hire, low-fire state, fewer workers are being afforded that opportunity. At the same time, workers are contending with the compounding effects from years of fast-rising prices as well as a recent pickup in inflation.
Did you find success in boosting your earnings by job-hopping in the past – especially during the pandemic-era employment expansion? Or have you encountered difficulty in doing so now?
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