People who switch jobs make more—especially in certain sectors—thanthose who stay with an employer, says a new study, although itdepends on whether they’re full time or part time. In addition,workers who get hired via employee referrals could end up with the shortend of the stick paywise, depending on their relationship to theemployee who referred them.
An ADP study findsthat while job holders—those who stay in a single job for at leasta year—saw their wages grow by 4.3 percent year over year in thefourth quarter, job switchers—those who changed jobs during thatyear—only saw a 3.3 percent increase YOY in Q4. On average, jobholders made an average of $10 more in hourly levels than jobswitchers. But when considering only full-time workers, theswitchers made out better than the holders, with a gain of 4.9percent compared with holders’ 4.3 percent.
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