written by
Victoria Egba

Is Job Hopping Helping or Hurting Your Tech Career?

Career Insights 9 min read , October 3, 2024

Job hopping is a reoccurring trend in the tech sector. With rapid changes and a tight labour market, employees are constantly jumping ship for better opportunities. According to the Employee Benefit Research Institute, 22% of workers aged 20 and older spent a year or less at their jobs in 2022—the highest percentage since 2006.

While job hopping was once frowned upon, it has become a strategic move for many, especially younger tech professionals. But is this trend benefiting or hindering your career growth?

Happy job hopper

The History of Job Hopping in Tech

Tech workers today are no longer inclined to stick with one company for the long haul. The old career path—joining a company, staying 30-40 years, and retiring with a pension—is gone. Now, tech professionals, especially Gen Z and millennials, prioritise freedom, work-life balance, and purpose-driven work environments over staying at one company.

Inflation is also making employees rethink their job options. The cost of living has skyrocketed, and salaries have not kept up.

According to the Federal Reserve Bank of Atlanta, 49% of job hoppers in 2022 got raises that outpaced inflation compared to 42% of those who stayed with their current employer. Financial pressure, in addition to a hot tech job market, has made job hopping more attractive.

Moreover, the stigma around job hopping has decreased. In the past, switching jobs too frequently could raise eyebrows with previous employers, suggesting a lack of loyalty or reliability. However, perceptions are shifting, particularly in the tech sector.

Recruiters now recognise that younger workers value flexibility and growth. With layoffs becoming common, employees are less inclined to remain loyal to a company that may not return the favour.

job hopping in tech industry

The Benefits of Job Hopping in the Tech Industry

Job hopping in tech can be beneficial, especially when done strategically. You may find that moving between companies opens doors that would otherwise be closed and offers more opportunities than staying at one company long-term.

1. Faster Salary Growth

In tech, staying at one company typically yields a 3-4% annual salary increase. But switching between multiple jobs can get you an 8% or more salary increase. For tech workers with in-demand skills – software engineering, cloud computing, or cybersecurity – the ability to get a higher paycheck through job hopping makes it an attractive option.

Moreover, the tech industry is all about rapid change and innovation. By jumping to new roles at different companies, workers put themselves in more advanced environments. They can increase their earning potential, and expose themselves to new technologies that would take longer to encounter in one role.

2. Diversified Skillset

Tech professionals switch roles to work with different technologies, platforms, and industries, rapidly expanding their knowledge base. This diversity of experience makes you more adaptable and attractive to employers looking for well-rounded candidates with a broad technical toolkit.

Each job change is an opportunity to learn new technologies, work with different programming languages, or for example, dive into new areas like AI, ML, or blockchain.

Compared to staying at one company where roles and responsibilities may become stagnant, job hopping allows you to practice and sharpen skills across multiple domains. These varied experiences build a portfolio that shows flexibility and ability to solve problems in different environments.

increased skills from job hoppinh

3. Career Acceleration

Many tech workers are frustrated with slow internal career development. Promotions may be delayed due to organisational hierarchies, budget constraints, other concerns or lack of senior positions.

However, moving to new companies allows you to bypass these barriers and quickly move into leadership roles or more advanced positions. A lateral move into a higher role at a new company can be a faster path to advancement than waiting for internal promotions.

Additionally, tech startups and smaller companies offer growth opportunities that larger corporations may not. Employees who join a startup early in their careers may find themselves in leadership roles. These companies bring growth in a much faster trajectory than traditional corporate structures offer.

4. Flexibility and Work-Life Balance

Beyond money, job hoppers seek roles that offer flexibility in how, when, and where they work. Many tech professionals are no longer willing to tolerate rigid return-to-office policies, instead opting for companies that allow remote or hybrid work models.

The pandemic reshaped the workforce by accelerating the adoption of remote work, and tech employees were at the forefront of this shift.

Flexibility in location and hours can make a big difference in work-life balance, which is a key driver of job hopping. Tech workers, especially millennials and Gen Z, are placing more importance on maintaining a healthy balance between their professional and personal lives. Job hopping gives you the freedom to find environments that match your work-life balance preferences.

Flexible working from job hopping

Drawbacks of Job Hopping in Tech

Despite the many benefits, job hopping in tech is not without risks. It can have long-term consequences if done too frequently or without thought and can hinder career growth and stability.

1. Limited Depth of Knowledge

Frequent job changes can prevent you from gaining deep knowledge of a domain. Deep learning comes from staying long enough at a company to understand its internal systems, business problems, and strategic objectives. Short stints make it hard to demonstrate sustained impact on projects. A broad skillset is valuable, but employers still value those who can show mastery in key areas.

Tech professionals working on complex projects need time to develop an understanding of the industry and the problems their company is solving. Leaving too soon may limit your ability to gain that skill and deeper insight. Unfortunately, this can hinder long-term career opportunities in more senior or specialisation roles.

2. Weakened Professional Network

In tech, strong professional relationships are key to long-term career growth, whether for recommendations, mentorship, or collaboration. Job hopping too often can weaken these connections. You may not stay long enough at any company to form lasting relationships with colleagues or managers.

Also, networking within an organisation often leads to internal opportunities and promotions. Continuous job hopping may prevent you from building relationships that can serve you later in your career.

While the tech industry is big, its communities, especially within niches, are small, and strong professional relationships can be key.

networking with professionals

3. Resume Red Flags

While younger hiring managers are more accepting of frequent job changes, some recruiters and senior decision-makers may see job hopping as a sign of instability. This can hurt your chances of getting certain roles especially those that require long-term commitment and leadership.

Employers looking to invest in long-term talent may be hesitant to hire someone who seems likely to leave after a year or two.

Job hoppers need to show that their moves were thoughtful, not restless. You should be prepared to explain how each transition contributed to their career growth and development to avoid these negative perceptions.

4. Emotional and Mental Burnout

Constantly adapting to new roles, companies, and teams can be draining. Tech professionals who job hop from one job to another may face emotional fatigue from having to prove themselves again and again in new environments.

The pressure to perform in a new role, combined with the stress of onboarding, hiring manager, and adjusting to a new company culture, can lead to burnout.

Job hopping can create short-term gains but long-term stress, especially when it becomes a habit rather than a strategy. Over time the mental and emotional toll may outweigh the benefits and make it harder to sustain job hopping as a long-term career strategy.

burn out woman from job hopping

Why are Tech Employees Job Hopping?

The tech industry is seeing a surge in job hopping due to many reasons. Better pay and career advancement opportunities are among the top reasons but deeper changes in priorities are also driving this trend.

1. Changing Priorities

The COVID-19 pandemic changed many people’s perspective on work. Today’s tech professionals value purpose and meaning in their roles. They want to be seen as individuals, not just as employees. Unfortunately, research shows that only 45% of workers feel their employers recognise them as people, which drives many to seek out new opportunities where they can feel more valued.

Beyond financial stability, younger tech workers especially millennials and Gen Z want their work to align with their personal values and long-term goals. They are more likely to leave roles that feel uninteresting, lack purpose or limit personal growth and are looking for companies that prioritise meaningful work and professional development.

2. Lack of Career Advancement

Career development is a key reason for tech workers to leave their jobs. A 2022 McKinsey study found that lack of career advancement opportunities is the number one reason for quitting. Many tech professionals want clear paths to growth and when they don’t see these opportunities in their current company they start looking elsewhere.

The fast pace of the tech industry means employees are always looking to learn, develop and improve. When companies don’t provide this or when internal structures limit their growth, employees feel stuck and turn to job hopping as a way to refresh their careers.

a man and a woman sitting at a table looking at a laptop

3. Company Loyalty Is a Two-Way Street

Employees are not the only ones moving away from long-term commitment—companies are doing the same. The tech industry has seen mass layoffs with over 949 companies cutting more than 200,000 jobs in 2023 alone. This lack of job security from employers means tech workers are less inclined to be loyal as they feel their hard work may not be rewarded or even protected.

Given this backdrop of changing jobs often, employees feel they need to look out for themselves. Companies are no longer offering lifetime employment, so workers are looking for the best opportunities for personal and financial growth—even if that means moving from one company to another more frequently.

The Smart Way to Job Hopping in Tech

Job hopping isn’t bad but it requires a strategy. As a tech professional, you need to be clear on your career goals and use each move to gain skills and experiences that contribute to long-term growth. Switching jobs just for a pay rise can backfire if you’re not staying long enough to build credibility or demonstrate results.

@resumegenius

Here’s how you can make job-hopping work to your advantage! For a detailed guide, head to: 🔗resumegenius•me/job-hopping #jobhopping #careeradvice #jobtips

♬ original sound - Resume Genius | Career Tips

Be Intentional with Job Changes

It’s important to approach job hopping with purpose. Before making a move, assess how the new job description or role will contribute to your career trajectory. Will it give you the opportunity to learn new skills? Will it get you closer to leadership roles or specialisations in your field? Once you have clear career goals, each job hop becomes a stepping stone to your desired career outcome.

Balance Short Term Gains with Long Term Goals

A salary rise or new job title may look attractive but don’t forget to build deep expertise and meaningful professional connections. Staying in a role for at least 2-3 years allows you to develop a strong skillset, make real contributions and build a network that will support you for the rest of your career. Balancing short-term benefits with long-term stability means job hopping is a tool for growth, not instability.

Balancing job hopping for successful career

Conclusion: Is Job Hopping for You?

Job hopping can be a valuable tool for career progression, financial growth and personal fulfilment. However, you need to evaluate each move carefully and not hop from one role or job interview, to another without purpose. Balancing short-term gains with long-term career development can make job hopping work for you.

Ultimately job hopping reflects the shift in dynamics between employers and employees in the tech industry. Workers are putting their own needs and goals first, and as long as companies don’t meet those needs, the trend of job hopping will continue. The best approach is to be adaptable, keep learning, and make sure each career move gets you closer to your overall career goals.

job hopping tech career job hoppers professional growth
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