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Job-hopping is the only way up: survey

Crain's reports this morning the results of a survey that shows most people in Chicago believe the only way up is out:

The scenario might sound familiar. You've been at a company five or so years; you work hard and reach your goals. Sometimes your boss lets you slide out early on a Friday to catch a Cubs game, and you're fully vested in benefits and options. Not a bad gig—plenty of people have it worse.

But there's a flip side: no clear path to getting ahead. When you've lobbied for promotions, your boss demurs. Your salary has inched up, but not enough to sweeten your lifestyle, and your responsibilities—well, they've stagnated, too.

A decade ago, you might have waited patiently for a promotion. But today, according to a new survey by Crain's and executive women's group Chicago Network, you're likely searching for an exit. Out of 650-plus Chicago-area men and women we surveyed in January, 62 percent—nearly 2 out of 3—said changing companies was necessary for advancement in the local job market. “Being loyal to a company (does) not pay,” wrote one anonymous survey taker.

I won't go into my own history, to protect the guilty, but I can say this lines up with many of my friends' experiences.


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