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| Wednesday, January 17, 2007 |
| Nearly half of workers mull job change |
This CNN Money article: Nearly half of workers mull job change indicates that a corporate shuffle may be about to take place.
I have noticed more Emails and calls from head-hunters lately. When hiring picks up, it is tempting to start looking at your options. But I am so close to vesting in my 401(k) plan that I can't imagine even thinking about a move until that happy day arrives. Then the added carrot of sticking around for an additional two years to vest in a pension. It would take a VERY attractive offer for me to leave before the pension vest.
How about you? Are you in the 50% planning a job change in 2007? |
| posted by Boston Gal @ 8:47 AM *
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| 11 Comments: |
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I was really hoping to. I have been at my job over 5 years and I really don't like it (that's another post) nor do I have any opportunity for advancement--even with my master's degree; however, they started offering infertility coverage as of January 1 so I'll stick around to get some use out of that. After I get PG, I am just going to quit altogether!
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I am definitely considering a change as well. Being stagnant in a job that I don't enjoy isn't worth it to me.
What type of work do you do, BostonGal?
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I'm definitely among the workers who are strongly considering a job change this year. Actually, I recently learned that everyone employed at my level in my division of the company is considering a job change--perhaps it's more about the job than it is about us, then.
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I'm definitely in that 50% pool. Have considered it for months, but I think I'm ready now.
Interesting article. I may follow up with a post of my own.
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Job change--in a survey I'd probably say I was considering a job change, but in reality I'm not actively pursuing it. I suspect the number who will actually change jobs is significantly lower than those who say they are thinking about it.
PS That's the American spirit, pollyanna! Screw everyone you can (both figuratively and literally) until you get what YOU want.
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Hi Jen,
I work on the tech side for a large financial services company in the Boston area.
Hi Pollyanna, English Major, Single Ma and Brett,
We all go through that period of "should I leave or should I stay" the reasons for going and the reasons for staying are all unique. Good luck with the decision and possible hunt :)
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Gosh Brett, you're right. Silly me for working hard at a company for more than 5 years and wanting to use the benefits they offer. It would be better for everyone if I left my job and got a new one, only to leave a year later. I'm sure the costs to train me--and the person replacing me in a year--aren't a big deal. Or maybe I'm just supposed to work until retirement and pawn my kids off on someone else to raise? Oh, maybe I'm not supposed to have any at all...?
Geesh.
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I have a friend who is a stockbroker(on wallstreet)..his company recently went under so no jobs for anyone....just wondering how one goes about getting in touch with headhunters in the field. I have no idea becuase there is no such thing in my field. thanks for any advice.
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I'm all for vesting for your 401k but you can easily figure out the value of your unvested part and decide if an offer compensated you for that. As far as the pension goes, if you dig deep and look at the details of your firms pension plan you will likely find it offers you very little (maybe $50 per month) for 5 - 10 years of service and many firms are terminating those plans. So I wouldn't put off looking or taking another job if your wanted to.
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No, I'm not going to look for a new job. I had thought about it, but I am happy where I am with my new raise and projects.
But I think everyone thinks about switching jobs after the new year. It's like ppl who join gyms after the new year. New year means changes of all kinds. I don't think there's anything particularly insightful about this kind of remark.
Brett- You seem to misunderstand Pollyanna's remark. Infertility treatment options are difficult and you're kind of kicking her while she's already down. Lots of women quit after they get pregnant, a lot of women don't. But if her company wants to cover her, and she wants to use the benefit, what's wrong with that? That is part of the agreement you make when you are employed. You can use the benefits your company offers. How is that screwing over her company? She already doesn't like work, why shouldn't she maximize her benefits before she leaves? What is wrong with being self-interested? I'd argue that's part of what makes capitalism in the US so great. I don't think Andrew Carnegie or Michael Bloomberg made money for the primary purpose of giving it all away. (Though I do admire Bloomberg and Warren Buffett for their charitable efforts.)
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to mapgirl and pollyanna: the original pollyanna post states "they started offering infertility coverage as of January 1 so I'll stick around to get some use out of that. After I get PG, I am just going to quit"
This to me sounds very self-serving.
pollyanna's reply to my post shows a keen interest in the re-training costs that a company experiences. I guess my question is: why are you getting a new job and incurring re-training costs if your entire goal is to get pregnant and quit? Why aren't you just giving your current company a long lead time before your exit, thus giving it a long lead time to find a replacement?
mapgiral you state that "She already doesn't like work, why shouldn't she maximize her benefits before she leaves?" That essentially is my point--I take not liking work to mean that one does not give 100% to the job, so maximizing one's benefits in that mindframe = giving a little while taking a lot. Perhaps I am too pessimistic, and not liking one's job does NOT equal giving less than 100% to it. In that case I agree that I am wrong in my sarcastic original post.
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I was really hoping to. I have been at my job over 5 years and I really don't like it (that's another post) nor do I have any opportunity for advancement--even with my master's degree; however, they started offering infertility coverage as of January 1 so I'll stick around to get some use out of that. After I get PG, I am just going to quit altogether!