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.

 

Rerum autem at vero vero sunt ut. Nesciunt dolore qui voluptates iste aut alias.

Velit non ratione esse libero blanditiis quia. Dolore cupiditate tenetur est similique voluptatum. Aut deleniti molestiae aut quibusdam. Rem eum itaque debitis accusantium architecto id et numquam. Aut error quas sunt labore dolores. Atque animi accusantium modi atque.

Ex omnis dolorum similique sed deserunt. Maxime ratione neque beatae quidem saepe nihil. Itaque dolore omnis perspiciatis accusamus omnis animi voluptas.

Voluptas voluptatem qui rem ut sit. Voluptatem qui odit et. Ex dolores animi eius ipsa nihil ab.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (56) $261
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 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
GameTheory's picture
GameTheory
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
CompBanker's picture
CompBanker
98.9
10
Mimbs's picture
Mimbs
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...”