Looking for Stability

Posted November 7, 2013
By Clay Cerny

Clients will frequently tell me they want a job with stability.  I caution that this goal might not be realistic or good for their careers.  In a time of random layoffs and cost cutting, a job can end at any time.  I’ve had clients whose bosses convinced them that the operation was stable only to have a company or division shut down six months later.  There is no reason to expect any position to be stable.

Nor should you want it to be.  Generally speaking, people who stay in the same job five years or more start to go flat or negative in salary.  During a time when raises are low or non-existent, the best way to get ahead is look for new opportunity.  Why should you stay at a job a year, if another employer will give you a better deal?  Loyalty?  Few employers have shown any loyalty over the last three decades.  When workers can be cut, they are let go without any mercy.  Employees need to take the same attitude.  For most people, the only way to get a decent raise is to find a new employer.