'Job hopping' can hamper your future career progression, according to UK CFOs
A new study of finance leaders by Robert Half UK shows that on average, five job changes in 10 years – or moving more than once every two years – can prompt worries amongst employers and possibly have you removed from consideration.
The survey was developed by Robert Half UK, the world's first and largest specialised recruitment firm, and conducted by an independent research firm. It is based on interviews with more than 200 CFOs from companies across the UK, with the results segmented by size, sector and geographic location.
CFOs were asked,"Over a 10-year span, how many job changes, in your opinion, would it take for a professional to be viewed as a job hopper?" The mean response wasfive.
In fact, the majority of CFOs interviewed said that they would remove a candidate from consideration if they deemed him or her a job hopper. Looking across organisational size, small businesses (93%) are more inclined to remove a job hopper, followed by large (84%) and then medium- (82%) sized companies.
Phil Sheridan, Senior Managing Director, Robert Half UK commented: "The job market has rebounded in recent years, and employers understand that job candidates may have had short stints in some positions. However, businesses look for people who will be committed to the organisation, can contribute to the company, and help it reach its short and long-term goals. Too much voluntary job hopping can be a red flag."
Robert Half offers questions to consider when determining if you should stay at your current job or look for a new one:
Why do you want a new opportunity? Are you looking for greater challenge or more money? A shorter commute or more flexible hours? A better relationship with your manager? Be sure to keep the job factors that are most important to you at the forefront of your decision and pursue a new opportunity only if it helps address those issues.
Have you looked within? Don't assume you need to leave your company to find the job you want. There may be other jobs with your current employer that are a better fit.
Where is the greatest long-term potential and stability? Is your best chance to build your skills and advance your career with your existing firm or another one? Which business is on the most solid footing? You don't want to make a move only to learn your career progression is stalled, or your new company is struggling.