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A friend once told me that staying in the same job for more than three years is “too long”. I’ve been in the workforce full-time for just over two years, and hearing my peers discuss changing jobs for faster salary hikes is not new to me. After all, it can be worrying to see your salary stagnate.
But staying in your company for more than five years has its perks too, said employees who spoke to business reporter Prisca Ang. Some examples are having the time to foster stronger relationships with clients or opportunities to mentor junior colleagues that might not come if you hop jobs too frequently.
Instead of jumping to a new company, you might find that your previous employer was a better fit for you. But if you left your previous job because of a negative work environment or lack of work-life balance, ensure that these reasons are addressed before you rejoin the firm, reports manpower reporter Tay Hong Yi in his latest askST Jobs column.
What are the factors you consider when it comes to switching jobs? Tell us more at firstname.lastname@example.org
Enjoy the other stories in today’s newsletter too, and have a good week ahead!
9 years in the same firm at age 33: Job hopping loses steam amid softer labour market
Recruitment and resignation rates have fallen over several quarters, reflecting less movement of workers between jobs.
askST Jobs: Is rejoining a past employer a good thing?
Employers who hire boomerang employees stand to gain a more agile and skilled workforce, says an expert.
Podcast: How to make a successful return to a past employer
Past employees rejoining the firm may cause disharmony and jealousy. Here’s how to avoid it.
AI’s growth-boosting potential to have greater impact than job market disruption risks
About 60 per cent of today’s workers are employed in occupations that did not exist in 1940.
Tripartite group starts work on guidelines for flexi-work arrangements
The guidelines, which will be compulsory for employers to follow, will be launched in 2024.
Talent retention and high salary expectations are challenges, say British firms in S’pore
Salary expectations were identified as the top reason for employees leaving their companies in 2023, reports Timothy Goh.
Me & My Money: Investing in the people behind the companies
Invest in great people with mediocre technology over great technology with mediocre people, said Mr Steve Rhodes, CEO of The Trendlines Group.
Thank you for reading this week’s round-up of ST’s career and personal finance coverage. Have a great work week ahead.
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