How Long Should You Stay At Your Job?

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Published 2024-04-05
A majority of Americans, 95%, said they plan to look for a new job in 2024, according to a survey by job site Monster. Money’s a big part of this: 45% of American workers say they need a higher income. Data from the Federal Reserve shows that job switchers increase their salary more quickly on average than those who stay put, but hiring professionals say it’s still important for candidates to be strategic when making career moves. Watch the video above to learn more about when to consider changing jobs and how to approach your job search strategically.

Chapters:
0:00 Introduction
1:10 Why people leave
3:57 Being strategic
9:48 How employers view work history

Produced by: Charlotte Morabito
Edited by: Nora Rapport
Additional Camera by: Juhohn Lee, Andrea Miller
Animation: Jason Reginato
Supervising Producer: Lindsey Jacobson
Additional Footage: Getty Images

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How Long Should You Stay At Your Job?

All Comments (21)
  • @CNBC
    Want to land your dream job in 2024? Take CNBC’s new online course — How to Ace Your Job Interview, to learn what hiring managers are really looking for: cnb.cx/4871WwH
  • @ericeandco
    Get the most you can while you can. Employers will drop you in a heartbeat. Don’t think they won’t.
  • @MrBrewman95
    My supervisor just left after 20 years which is really sad and she just finally hit 6 figures last year. Now she is a director for a rival company making double. It honestly doesn't make sense that companies do not value long term employees anymore.
  • @iamajay3333
    Gone are the days when employees used to work for a single company their whole life. It's better to switch companies nowadays than climb the corporate ladder. Don't fall for the "we are a family" BS. Just switch jobs every few years and do something on the side. That way you don't have to worry about anything.
  • @barrettbritt
    Whatever you do, don’t change jobs just because you’ve hit x number of years. It’s a case by case basis. Your situation is unique, so you need to consider it in isolation.
  • @jacobl5488
    Perfect timing. I'm getting a 30% raise for switching jobs. lol
  • @BOMBON187
    The simple answer is stay as long as it benefits you or are happy. It should not come as a surprise that you are dispensable and will be laid off at a moments notice no matter how long or how many extra hours free work you put it in.
  • @Gdepp94
    Roy Wood Jr. said it best: "You don't own these jobs. You rent them."
  • @Konski82
    I switched jobs 4 times since 2020 and my salary has increased by over 50K and fully remote. Loyalty to corpo's only costs you.
  • @dstutz
    95% of US workers said they plan to look for a new job in 2024? That is an absolutely insane stat. Like, completely mindboggling. Enough to assume that it's probably not even remotely accurate
  • @jimbojimbo6873
    The ideal time scale is 3 years at each job 3 is a strong amount of time no one questions the length, it is long enough to justify being promoted a grade up in your next move.
  • @NewGuy2024
    I stayed at my first employer for 20 years. It was hard walking away from a $100k+ engineering salary and six weeks PTO in a low cost state. Oh and a Pension as well. But when I realized our net worth was $2.5 million at age 43 and we lived a simple life below our means...I convinced myself money wasn't everything and time to do a career change. Now making 50% less but super low stress and the net worth is actually $4.7 million now. No more commute or pointless meetings actually came with this new job. Nothing beats using your own bathroom and kitchen on the clock. I spent more time around my kids during their high school years and finally was able to see them come home from school after all these years which was pretty important to me as a parent. Make them a snack, ask them about their day, etc. Life is pretty easy and relaxing now in my mid-40's....I quickly fall asleep at night and no longer think about work outside of work hours..... sometimes even on the clock I don't think about work. You just have to find a way to reach a point to convince yourself money and title isn't everything.
  • After grad school, I worked at a job for 2.5 and I switched roles while I was there. I gained enough experience to leave and find another job with a 15k pay bump. Always try to gain as much experience you can because you will always be a student never the master. Good luck to those who are taking a leap of faith in their careers!
  • @Tony-ib2vm
    Job requirements, you need to be learning or earning. If neither are occuring, it's time to find a new employer.
  • @joesmith-th3jq
    Unfortunately, this video is irrelevant. There are many people out there applying for hundreds of jobs all the time and not even getting an interview so it’s not that easy just looking for another job.
  • @tbrayden3694
    The mistake I see people make the most when trying to get a new job is not negotiating their new salary. Don’t be afraid to counteroffer.
  • @Hdhfhhdh
    The first company A , I worked for 5 years. Then I got 40% raise when I switched from company A to B and 9 months later I got laid off. To my surprise I got another 10% raise when I switched from company B to C. I should have left my first job much earlier
  • @Alekseyo
    That lady is giving great advice. Build your skill set before worrying about pay
  • @stanleyzac1648
    In my opinion, a housing market crash is imminent due to the high number of individuals who purchased homes above the asking price despite the low interest rates. These buyers find themselves in precarious situations as housing prices decline, leaving them without any equity. If they become unable to afford their homes, foreclosure becomes a likely outcome. Even attempting to sell would not yield any profits. This scenario is expected to impact a significant number of people, particularly in light of the anticipated surge in layoffs and the rapid increase in the cost of living..
  • @IamDrDee
    I went from just under 42k as a high school teacher in 2021 to 55k in my first assistant professor position. A year later (2022), I moved to a research university, making 65k. In 2023, we got a raise that put me at just over 68k. We're getting another that will put me over 70k in Fall 2024. So, in 3 years, my full-time income increased by approximately 30k. With my other remote teaching gigs, I make well over 100k. I don't regret job hopping!