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What's the point of no return with long-time employment in one place?

Posted on 3/31/21 at 11:46 am
Posted by Hoodie
Donaldsonville, LA
Member since Dec 2019
2991 posts
Posted on 3/31/21 at 11:46 am
In your view, how much time invested working at a company or a job is too long to walk away from? Ten years? Fifteen? Twenty? Would you consider a career change if you already had twenty years logged with a company and were ten years from being eligible for retirement? At what point does change for the sake of change become a bad idea?
Posted by 777Tiger
Member since Mar 2011
73856 posts
Posted on 3/31/21 at 11:47 am to
quote:

At what point does change for the sake of change become a bad idea?



been at my place of employment for 37 years, still trying to decide when to bail
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 3/31/21 at 11:48 am to
3 years 6 months
Posted by AUriptide
Member since Aug 2009
7339 posts
Posted on 3/31/21 at 11:48 am to
I think age would also be a big factor.
Posted by LNCHBOX
70448
Member since Jun 2009
84081 posts
Posted on 3/31/21 at 11:48 am to
Never unless it somehow fricks with your retirement.

But If I'm within a couple years of retiring, I'm not going somewhere new to chase a couple bucks. But for a lot of bucks ...
Posted by FightinTigersDammit
Louisiana North
Member since Mar 2006
34647 posts
Posted on 3/31/21 at 11:49 am to
I'll just say, I can be money-whipped.
Posted by idlewatcher
County Jail
Member since Jan 2012
79069 posts
Posted on 3/31/21 at 11:49 am to
quote:

been at my place of employment for 37 years, still trying to decide when to bail


Hope they take care of you financially for that service. That's a lot of years of loyalty.

I read a study a few months/year ago about how people should chart their professional course when looking at maximizing their pay. Said professionals should stay in one role no longer than 2-3 years IIRC and then either change roles or change companies.

Each hop = pay upgrade

Not sure if I buy into it though. I've been with the same company for 13 years now.
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
134860 posts
Posted on 3/31/21 at 11:50 am to
I'm not loyal to any employer because they'll never be loyal to their employees (for the most part). If I've got enough incentive to leave, I'm gone.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
260327 posts
Posted on 3/31/21 at 11:50 am to
Never.

Sometimes you have to make the hard choices for your own sanity.
Posted by CocomoLSU
Inside your dome.
Member since Feb 2004
150693 posts
Posted on 3/31/21 at 11:50 am to
I had 15 and a half in my old position, and finally got tired of the bullshite there. Leaving was a difficult choice for a long time for me, but I finally had enough and made the move and have never felt better. Looking back I wish I had done it five plus years prior.
Posted by squid_hunt
Baton Rouge
Member since Jan 2021
11272 posts
Posted on 3/31/21 at 11:51 am to
Been asking the same question.
Posted by East Coast Band
Member since Nov 2010
62763 posts
Posted on 3/31/21 at 11:51 am to
Since most companies no longer have pensions, there is no monetary benefit to stay.
Posted by LSUJML
BR
Member since May 2008
45407 posts
Posted on 3/31/21 at 11:51 am to
I left after 18 years, no regrets

I’d think I’d leave even if I was close to retirement if the bull shite was bad enough
Posted by Daygo85
Member since Aug 2008
3069 posts
Posted on 3/31/21 at 11:51 am to
There can be on silver bullet answer to this. Way to many factors to consider.

- pay
- stability of the company
- are you being challenged
- do you want to be challenged
- Can you afford to move
- Can you afford to quit
etc, etc, etc, etc.


As Kevin Hart said "Do you Boo Boo".
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
71037 posts
Posted on 3/31/21 at 11:52 am to
None.

It's a business decision.
Posted by carhartt
Member since Feb 2013
7695 posts
Posted on 3/31/21 at 11:53 am to
We had a guy quit last year with 31 years at the company and another just quit last week with 17 years.

I think it’s more of what age than how many years. Both of these guys were mid 50’s. They still had time before retirement to get some time in with another company to get more benefits before they retire for good.
Posted by 777Tiger
Member since Mar 2011
73856 posts
Posted on 3/31/21 at 11:54 am to
quote:

I read a study a few months/year ago about how people should chart their professional course when looking at maximizing their pay. Said professionals should stay in one role no longer than 2-3 years IIRC and then either change roles or change companies.



quote:

Each hop = pay upgrade



I read studies like that and have heard that strategy discussed by friends/associates, my line of work is a little different in the way we are compensated and pensioned, in general, it doesn't pay to hop around the way it would for some other professions, mainly because seniority is huge in every facet of the job
Posted by LetsgoGamecocks
Member since Sep 2014
2916 posts
Posted on 3/31/21 at 11:54 am to
Just make sure you have a new job already before you leave. Bird in hand is better than two in the bushes.
Posted by GreyWhiskers
St. Tammany
Member since Nov 2018
913 posts
Posted on 3/31/21 at 11:57 am to
25 years later I'm still here. About a month ago, another company wanted to hire me for more money, but I turned them down, their benefits didn't win me over.
Posted by Daygo85
Member since Aug 2008
3069 posts
Posted on 3/31/21 at 11:57 am to
quote:

but I finally had enough and made the move and have never felt better. Looking back I wish I had done it five plus years prior.


This right here is truth. Never stay in a position that you hate. Get the training you need to move on or make a lateral move to another company. Believe in your yourself. Life is too damn short to live miserably.
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