SMH
·general
·1 hour ago
Why staying in your ‘safe’ job is costing you $5700 a year
Research from e61 Institute shows job switchers earn 9 percentage points higher pay increases than those who stay, costing average workers $5,700 annually. Workers aged 21-34 gain even more, earning $7,500 extra yearly by switching roles. The "loyalty tax" compounds over time, affecting retirement age and home-buying timelines, while stagnant roles risk skill obsolescence in an AI-driven labor market.
Summary by Glance · SMH
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