The 8 Year Rut: Why Staying Too Long at a Company Makes it Harder to Land Job Offers
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- Опубликовано: 24 апр 2024
- The 8 Year Rut: Why Staying Too Long at a Company Makes it Harder to Land Job Offers
// Staying at the same company for an extended period of time can lead to something known as the "8 Year Rut." This is a common occurrence where career growth stagnates, job opportunities decline, and compensation increases become scarce. And in this video we share some valuable insights for how to navigate this challenging phase of your career.
In this video, you'll discover the best ways to find a new job and overcome the challenges of feeling stuck in your career. We share some expert tips on how to articulate your value to potential employers, showcase how adaptable you are, and how to leverage your network to attract new job opportunities. At the end, we also reveal the ideal length of tenure at a company to optimize your career growth and earning potential (you don’t want to miss this!)
So if you’re searching for a new job or feeling stuck at work, this video is a must watch. See the full video to learn how to break free from career stagnation and position yourself for success in your job search!
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• The 8 Year Rut: Why St...
Job hop: This candidate is unreliable.
Stay at one job: This employee is too limited in his/her knowledge.
Can't win with these people.
Agreed, every week it's some new reason with these employers. Then employees are blamed for not wanting to work. Toddler games for adults.
Right
And if you change jobs, you are disloyal or undependable. - Oh you already covered it.
I'm so happy I made productive decisions about my finances that changed my life forever,hoping to retire next year.. Investment should always be on any creative man's heart for success in life
Thanks for the advice! I'm new to financial planning and wasn't sure where to start. Any tips on finding a reliable financial adviser or resource to guide beginners? .
As a beginner, it's essential for you to have a mentor that is verified by finra and SEC to keep you accountable. I'm guided by a widely known financial consultant Stacey Macken .
Truly, investing has changed my perspective on how one can succeed in life; working multiple jobs isn't the optimal way to attain financial freedom and unfortunately, we discover this later in life. Currently earn as much as 12 grand weekly and this has improved my financial life
YES! that's exactly her name (Stacey Macken) I watched her interview on CNN News and so many people recommended her trading skills, she's an expert and I'm just starting with her....From Brisbane Australia
This Woman has really change the life of many people from different countries and am a testimony of her trading platform .
Worked at the same job for 18 years. I loved it. Then the downsizing came. I took a buyout and reached out to my network. The second person I contacted was a hiring manager who made me an offer. We were both let go three years later. Now I can't get arrested. Timing and luck are as important as anything.
Note to perspective employers: I'm not looking to get arrested.
I think this is mostly true in the tech industry. You don’t really have this issue in banking , financial services, healthcare and education for example
100% I'm in banking and have been promoted multiple times within the same department due to become a strong subject matter expert. I was talking to someone the other day who had worked for the bank for 28 years and she complained that very few people are actually experts anymore, but the people who are so get rewarded, mostly bc others have to rely on them.
@@laurenlopilato5359 Nice! My oldest friend has been working at the same bank for 30 years!Sadly the bank I worked for dissolved our team just recently so I am on the hunt again :(
I’m a new grad so I’ve been working at my company for a year. Some people are already trying to tell me to look for another opportunity but my job is remote, offers a lot of growth opportunities, they pay 100% for the health insurance, it’s not a toxic work environment and I got a raise of 10% within 6 months. Before this I was interviewing and unemployed for a year which was not fun. I think I’ll settle in my role for now and play things by ear.
I don’t care to appease other companies by making sure I don’t stay at a company long enough. I don’t care if others see me as not being ambitious plus it doesn’t matter anyway. There’s a RUclipsr called Chloe that literally made it in Forbes 30 under 30 last year and in January got laid off by Discord. I don’t even think she was there for a year. So I’ll stay at a company for as long as it serves me and when it doesn’t I’ll leave on my own terms. 🤷🏾♀️
Fresh grads usually should stay for the first 3 yrs, u don’t have to worry about anything only once u at your 2.5 yr mark then maybe u start worrying , in the meantime make the most of the opportunity to learn the most about this role
Make sure you are always interviewing. You don’t know if you’ll actually leave on your own terms. I was promoted several times in my company, and was working on big projects and had great assessments of my work and performance. Thought I was going places. Was let go unceremoniously in one of those rounds of layoffs.
Ironically I had not been interviewing throughout because I felt “stable” and “happy” (remote work, unlimited PTO, work/life balance).
You do NOT want to be out there suddenly interviewing cold.
Give it one more year or two
14 years. 10 years and 3 jobs later I make the same I did 10 years ago. Still regret staying 14 years.
27 years at the same job. Promoted 4 times with the last being 12 years ago. I definitely feel I’m in a rut but at the same time I’m 57 and nearing the end ….retirement is with in my sight. I just want to cross the finish line. Sadly I’m not sure if the company i work for will still be around in ten years. I work in television and my skill set is very specific to where I work and the thought of leaving and starting over is unappealing to me. So I make small term goals which at this moment Is to make it to 62 and half so that if I have too I could retire early.
I stayed 8 years at Amazon. Promoted a couple times and was just stuck and saw new hires making more than me. I left went to another job and now I’m unemployed. Wish I never left Amazon.
😢
Go back? Dont they hire people like every dam day?
@@bobshanery5152 Amazon use to hire anyone with a heartbeat. Amazon isn't doing that anymore.
9 years at my current job. I got "promoted" 2 years in (they created a position for me). Had so many boss changes (they all kept leaving) and I haven't been promoted since. Now I'm stuck in this same position and despite learning it, getting certified, and working on my master's degree, I'm worried i won't be marketable because I've been here so long. I definitely feel the "I'm just" part of this video.
Discouraging. Its an Employers market period. Hopefully something changes soon with these games. If the employers stopped treating people like damaged goods and stop making these games up it would be really helpful.
Currently at my company for 8 years, and I just got a new role after applying. I love where I work
I'm a 51 year-old software developer and nearing 30 years at my current company. It was my first job out of college and I was fortunate to be in the right place at the right time. Still doing interesting work and have made the most of my opportunities. No complaints about compensation or advancement. The fact that I have zero concerns about job security cannot be overstated. I plan to ride this out until retirement for another 15-20 years.
Just remember no job is secure.
I stayed 8.5 years and struggling to get a job now!.. this video make sense. I need to learn lot of things to land in a relevent position!
If companies are allowed to put workers on the street like garbage (read: lay offs) then workers are allowed to hop to any job they want, whenever they want. The sword cuts on both ends.
My sentiments exactly. There is no loyalty to any employer.
Everything you can say or have done will be held against you in an interview.
These rules are so ridiculous.
Welcome to the world of HR and superficial nonsense that determines if your get hired or not.
Im trying to help one of my kids get a job but my lord I had no idea its this obnoxious now. The questions I seen asked is just absurd.
In my day you just went into the building and asked for a job that you seen on an ad or sign. Have a small interview on the spot or be told to come back later and that be about it for nearly every job.
Today you guys have multiple HR garbage you have to get passed (Oh I don't like this font. Denied), then phone calls, zoom meetings, weeks to months of waiting and then they usually dont even bother to call to update you. Even these interview questions I see on YT here are so robotic. I would never hire anyone talking like this with my company but I dont think anyone ever did. Out of all the people I interviewed I sure dont recall it.
Oh and make matters even worse.. I noticed some job postings are flat out fake. My kid was showing me how companies have job postings but on their own site they are not hiring. You all are screwed.
2-3 years has been my max at each job I’ve been at. I’m coming up on 3 years at my current job and I’m in market to replace asap.
As someone who has been working professionally for over 27 years, I have the opposite experience. Potential employers always tell me they prefer longevity over job hopping. I think its the age of the hiring team that matters. If the hiring manager is a millennial then chances are they are job hoppers and won't be impressed with longevity. I don't think there is anything wrong with longevity as long as you are satisfied in your role. There is also the vesting period (for 401k matching) that a lot of companies implement and for me 5 years has been common. If you don't stay at the company long enough you lose part of the employer's 401k match.
You do realize that Millennials are in their 40's now and doing most of the hiring? I always laugh when I see people talk about millennials like they are still 22. 1980 was 44 years ago. My hair is gray and my back hurts.
@@classicalkellymusic Yeah most of the people who have hired me have been millenials lol. Gen X and Boomers are retired/retiring now.
@@classicalkellymusic
Its defined as 1981 and 1996
So they could be 28. I think people are thinking of zoomers or something. Which is 1997 to 2012
Thank you Madeline, for mentioning peeps outside the US with the side look 😄 I'm in the UK and stayed with my employer, same job for 17 and a half years before redundancy came-a-knocking on my door. Many recruitment agencies and some interviewers were quite impressed. It didn't put off my next employer. Maybe it's just a US problem... possibly? 🤷
Just got my 10 years at the same company. Have been promoted twice but definitely hit the 8 year rut. Job has become toxic since CoVid. I am a Manager. Been looking religiously for a year. Have been told I’m too experienced for jobs I thought aligned and not experienced enough for non-management positions.
25 years as a network guy at a big telco.
Then they laid me off.
Guess how things are going?😢
WATCH: Changing professions? The trend of “Helpless Hiring” makes it a NIGHTMARE! - ruclips.net/video/fE371urf914/видео.htmlsi=FYq0uuKaImI3KWhD
WATCH: Why Companies HATE Job Hoppers - ruclips.net/video/GsIjybaAP8U/видео.htmlsi=YzBYWDtV20j6LtVD
WATCH: Why did you resign from your previous job? TOP Examples for this Job Interview Question! - ruclips.net/video/hdy7uQOaA3M/видео.htmlsi=LW6b5aWj10c-mja-
🍊FREE RESUME MASTERCLASS
Learn my proprietary resume system that has gotten SO MANY people jobs! Register in an upcoming session: www.standoutresume.com/webinar
🍊FREE JOB SEARCH MASTERCLASS
Hear about my highly acclaimed Job Shopping strategies that show you how to attract inbound job opportunities, ace the interview, and earn job offers. Register to watch this FREE masterclass and learn the secret strategies to land your dream job!
🔸Watch here: www.selfmadeway.com/job-shopping-webinar1665165710596
Great video with actionable information. Thanks for sharing it with us. Just under 5 years is the longest I've been at a company. Off-cycle pay raises for being promoted or being good at stuff internally ranged between 10 and 17%. Salary bumps for leaving the company were between 14 and 30%
I changed companies after 7 years as a insurance underwriter. I got 25k more but I do the same job for a competitor. 10 years of basically the same job.
8 years got promoted within working dual roles but currently laid off and looking for a new job. 😭
Currently 7 yrs, 4 months at the same company. However, have held 3 very different roles (every 2 yrs) in a lateral move in the same dept. Last November, in my 4th role, applied and received a promotion in a completely different department. Therefore by definition still staying on top of things.
I’m close to 4 years at my factory and it seems that when I apply at a new job that is closer to where I live. I get immediately rejected. I thought showing loyalty would give me an advantage when I wanted to try to re apply for a new field heck if I apply to the same field I get rejected. I don’t know what to do anymore. My job isn’t bad. I just want a job that is not an hour away.
Just keep on applying bro, since u are not in a rush, take your time to find the next job, and only jump if the next one is better
I’ve been at my job for 11 years and been looking. Haven’t even been able to land an interview nevermind a job offer.
Great topic. I’m in my 10 year. Pending an interview with a different company, but same job.
Longest I’ve stayed somewhere was 4 years and was fired after a bunch of bogus write-ups. However, that particular company has gotten the most interest from recruiters.
Watching a lot of these types of videos lately made me realize we are mainly just slaves to corporations, probably even more so now that there are so many ghost jobs. Even reading some of the jobs descriptions posted is cringeworthy......you have to do it all for barely above minimum wage.
I have stayed in same job and position for 7 years now.
Could you suggest other methods to increase salary faster 3x or 5x other than job switching and depending upon number of work experience in years ? Does any book talks about it..
I have been 7 years at the same company. Will complete 8 in July. But i didn't want to stay so long here. I had started looking for jobs in 2019 end but covid lockdown happened and jobs disappeared. When lockdown opened i got pregnant in 2021. For maternity leave i continued and last jan returned from the leave. The past one year i have been looking for job change but haven't been successful yet. With a toddler i was looking for remote or hybrid jobs but they are scarce now. My salary is really low for my years of experience 😢 i desperately need a job change. In current company there is no more chance of growth. Since i was on maternity my junior was given handover and now she is handling everything. So due to circumstances i ended up staying so long here. After watching this video i feel more anxious to get a job quickly.
I generally don't stay more than 2 years. I want my skills to stay sharp by learning new technology and processes. I can't do that at the same firm. Plus, the salary raise is usually between 3-5%. Whenever I switch jobs its at least a 10% bump and sometimes up to 30% more.
Been at the same company over 8 years but ever 1.5 - 2 years I get a promotion/role change. Hopefully I don't suffer from this 8 year rut
My longest job time/stint is 4 years. I do regret it! The two factors that hold me at a job longer than I should: One, I would rather have a root canal than do this job hunting crap. Two, I have yet to attain a solid answer to how long you should stay a a job before you are seen, negatively, as a job hopper. Note, the factors say nothing to me being paid or treated well at any job, -says a lot!
I have been told by several recruiters that beyond 2-3 year range you are safe. Other companies won't view you as a job hopper.
Wow... Been at the same place since 2013... 😬 😢😅
Technically, our company got bought out in my 5th year by a different entity and I did pivot in my career, but I have definitely missed out on a lot of earning potential over the years. Started out at an entry level position but just starting out in management now.
I am currently working for 10years in the same company. When i applied to another job, they ask first when you can leave -legally 8weeks! So most of them did not give offer, because they need asap… more than 3years is not good. You can leave and come back to the same company with better offer after 1-2year, but no continious work.
I was at my last company for 10yrs. Started in a contracted role, then hired on and got promoted twice, remaining in my last role for 5 yrs. I was rif'd, and it took me 8 months to land a new job. I was extremely rusty in the interview process so it took a few tries to land a new role. I am now only allowing myself 2 to 3 years to establish a new role in the company with higher pay or I am looking elsewhere. No longer will I give more than that to a company without an opportunity for growth.
the only way you would stay in a company is if you got promoted and salary increase. Other than that the max time to stay in the same position is 3 years. if you see no promotion.Start looking for another. Company loyalty does not exsist anymore.
2 years. It usually goes to hell after that lol
16 years
I really hope you can help me. I'm trying to make a change after 15 years with one company. I'm really worried that's going to be detrimental to me. I'm also worried if I tell the interviewer how long I've been in the industry (20 years) that I'll face some age discrimination. I'm scheduled for an interview Friday and I'm kind of freaking out. Any advice?
Why should they hire you? Do you have any idea how difficult it is for a small business to put someone on?
I have been in a job for ten years so am I going to find a new job?
5 yrs
21 years
9 years closed to 10 years soon. I'm ready to go work elsewhere no longer fulfilled, my earnings are cap.
19 years.
17 years teacher
5.5 years
7 years, 6 months at my previous job to my previous job. and ^years 10 months at my most recent job.
18 years.
7 years (w/ promo to a new role is my longest tenure) - I’m at 6 years in my current and expanding horizons into coaching
I stayed at my mid-career company for seven years, but I stayed because I had a proper career trajectory and 3 different titles reflecting increased responsibilities and scope. I don't think I would stay in the same role for seven years, at least not for where I am right now in my career. I am trying to keep a side hustle going (consulting) so I can have more options in the future.
6 years was my longest
15 yrs, might as retire from here
I have this problem, almost 16 years in one company but in 2 different countries (not transfer, I migrated), 4 in one and 12 in other (3 yrs pandemic, in Argentina was very long lockdown) .
12 yrs Last Job position was same name, but it changed a lot through the years , responsabilities and technologies
I look for jobs , I took hundreds of courses .
I'm currently unemployeed . It's like i have scarlet letter
I recently left a 9.5 year job. That being said I've watched people come into a job for 2-3 years and then leave. But in that time frame they never really learned anything. I would never hire anyone who can't stay at a job for at least 5 years. If someone can't keep a job for more then a few years and they've done this several times it screams this person can't hold a job either because they can't do the work or they're toxic in the workplace.
Ok boomer
@TKGZONE not a boomer moron. Speaks volumes to the intelligence of your ignorance.
@@TKGZONELongevity and stability is still important, squirt
You don’t hire nobody so be quiet
@@destinyschild5768 you mean I don't hire people like you who can't even speak proper english
What's to stop me from creating a fake resume and make it wonderful, all my references support my facts and i use my actual skills?
Almost 2 years :(
That’s not bad lol
17 years lol
Too many employes don't stick around for 2 to 3 years minimum making them unhirable now since we are in a recession. When employers can be picky this will be a big trend again
19 years 😢
9 years as of a week ago 😢
this is so ridiculous…
11 months.
And it was really tiresome. I cannot fathom how people last over a year anywhere.
You need to change your attitude. Less than a year in a job is WAY to short. If you continue this trend then don't be surprised that no one wants to hire you. You just don't stick around long enough.
@@heypaisan9384that’s true if you want to job hop you need to do it strategically or else employers won’t want to hire you
11+ years at the same company. Do not recommend.
Staying too long shows you arent flexible enough and you are scared of having new challenges and a new environment