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Fortune
Fortune
Emma Burleigh

Sorry Gen Z, the days of job-hopping salary hikes are over: For the first time in 10 years, staying loyal pays just as well

Gen Z worker on the way to the office. (Credit: Alberto Menendez Cervero / Getty Images)
  • It used to pay to switch jobs—but now Gen Z’s career strategy is down the drain. A new report from the Atlanta Fed shows that workers who stayed put in their jobs last month saw a 4.6% wage increase, compared to those who switched roles and made a measly 0.2% more.

Gen Z has been fast-tracking their way up the career ladder by job-hopping. But the shortcut to bigger paychecks and snazzy job titles has lost its edge. Now, staying loyal pays virtually just as much as jumping ship.

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