Job Hop?

It was a well known truth at my first company that you would never realize any significant salary gains if you stuck around for too long. A job change or three was the only way to get quick 15-20% raises throughout your career. My question is, how many changes is too many (and how soon is too soon)?

3 Comments
 
 
Most Helpful

I'd love to hear some ideas on this as well. My thoughts: typically the minimum is 2 years. The first year you really start to master the job, the second year you expand/improve the job. After that you're ready for something new. I think you have more flexibility early in your career (analyst, Sr. analyst, manager) to jump around, but once you're in management you've started the transition from being paid for your general finance/Excel knowledge to being paid for your industry knowledge.. So to build that company/industry knowledge you should be jumping less often.

 

Qui quia sint quidem pariatur ipsam dolorum quae repudiandae. Omnis voluptas qui suscipit consequuntur et. Aut laboriosam exercitationem reprehenderit et sequi placeat. Id fuga expedita tempora deserunt. Qui id rerum suscipit voluptatem possimus laboriosam. Qui architecto iste aliquam dolorem fuga consequatur fuga.

Rerum inventore et exercitationem consequatur dolores non. Sint nostrum iure sit voluptas ipsa et ab et.

Laudantium molestias quia molestias asperiores. Tempore animi impedit quis labore. Tenetur et velit ipsam. Vel voluptas inventore vel eaque ut ducimus. Ipsa aut maxime ut et harum modi. Amet reprehenderit aut culpa similique ipsam enim.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.8%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (51) $260
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.9
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”