Today’s young professionals are changing jobs much more frequently than previous generations. The U.S. Bureau of Labor Statistics reported the median employee tenure was only a little more than four years. However, becoming part of this trend may not be the best option for entry level workers. There are many benefits to remaining with a single organization for a considerable amount of time. Working for the same company, even if your role does not change as rapidly as you would like, can help you develop and grow professionally and could provide great payoffs in the future. Show That You are Dependable Overall, an employer is going to want someone in their company that they can trust to be loyal. While a resume with a lot of work experience is helpful to any entry-level employee, a series of short work stints may make a hiring manager uneasy. Hiring and training new employees is both expensive and time consuming. In fact, according to Bersin by Deloitte, the average cost for an organization to hire a new team member is $4,000. If you perform well in your role for years, your supervisors might be more willing to invest in you long term than if you had left the company after only a few months and are looking to return again. Gain Knowledge and Experience Over Time Depending on the situation an organization faces, staying in the same job could provide you with more opportunities to expand your skill set. For instance, if the company you work for happens to be without another higher level employee for an extended period of time, you might need to take on some of their tasks. These extra interim responsibilities could require you to learn new software or participate in more brainstorming sessions for projects. If there's a shortage of talent in the market, job hoppers will still find plenty of opportunities. But when the market shifts and there's more talent available than there are jobs, the candidates who have been more stable will rise to the top and be the first called. - Brett Good, Senior District President for Robert Half Make Professional Connections
By sticking with a single job for a longer period of time, you will be able to develop stronger relationships with your co-workers and bosses, which will be invaluable if you ever need a professional reference. Many business have begun to realize the benefits of promoting from within instead of widely recruiting for leadership positions. Because an internal employee is already familiar with how their company operates, their learning curve for the promotion will be considerably shorter than it would be with an outside hire. Acquire Seniority The longer you stay with your current job, the more likely you are to gain seniority and enjoy certain aspects that come with it. After a year or two, you might acquire paid vacation days for example. Sometimes employee health and dental benefits do not kick in until one year after the start date. Other bonuses, such as a 401k retirement plan, grow in returns the longer an employee stays in their organization. Achieve Stability Once you’re over the learning curve for your position and past a probationary period, you will likely have more chances to explore opportunities that you would not have initially had the time for. While some employees may become complacent after obtaining job security, others will use it to their advantage by taking up other professional development opportunities. Going back to school for a master’s degree or attending more conferences are two examples of these . In the long run, a hard-working employee will be able to reap the rewards of their loyalty to a company. As Brett Good, senior district president for Robert Half, once said: "If there's a shortage of talent in the market, job hoppers will still find plenty of opportunities. But when the market shifts and there's more talent available than there are jobs, the candidates who have been more stable will rise to the top and be the first called."
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