The Key to Making More Money Is to Change Jobs Every Two Years . . . Stay at the Same Place and You'll Earn 50% Less Over Your Lifetime
If you've been with your current company for a long time, they've probably rewarded your loyalty with some 3% raises here and there . . . maybe even 5% or 8%.
And that's cool. But it's going to leave you way POORER than the coworkers who moved on.
A new study by "Forbes" found that people who stay at the same job make 50% LESS in their lifetimes than people who switch jobs every two years or so.
The main reason is that if you stay at the same job, you get raises that barely help you keep up with inflation. The average raise in 2014 is 3% . . . and inflation is 2.1%. That means your "real" raise is less than 1%.
But if you jump to another job, it's probably because they're offering to pay you over 3% more than what you make now. So if you keep jumping from job to job, you're actually getting bigger jumps in your salary than staying loyal.