{"id":14751,"date":"2015-05-19T15:38:58","date_gmt":"2015-05-19T15:38:58","guid":{"rendered":"http:\/\/www.discovery-graduates.com\/?p=2769"},"modified":"2015-05-19T15:38:58","modified_gmt":"2015-05-19T15:38:58","slug":"want-more-money-dont-change-jobs","status":"publish","type":"post","link":"https:\/\/discovery-adr.com\/us\/want-more-money-dont-change-jobs\/","title":{"rendered":"Want more money? Don\u2019t change jobs!"},"content":{"rendered":"<p style=\"text-align: center;\"><a href=\"http:\/\/www.discovery-graduates.com\/wp-content\/uploads\/2015\/05\/Job-opportunities-620.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2681\" src=\"http:\/\/www.discovery-graduates.com\/wp-content\/uploads\/2015\/05\/Job-opportunities-620.jpg\" alt=\"Job-opportunities-620\" width=\"620\" height=\"365\" \/><\/a><\/p>\n<p>It has been a common misconception among graduates that switching jobs will lead to higher salaries, however new analysis by the Office for National Statistics (ONS) suggests this may not be the case.<br \/>\nAccording to the ONS, full time employees who remained in the same role during 2014 enjoyed a pay rise, well above those who changed jobs. The study found that those who remained within the same role witnessed an average of a 4.1% increase in salary.<\/p>\n<p><strong>Sticking around pays off<\/strong><\/p>\n<p>The ONS stated that pay rises for full time employees \u2013 graduates and non-graduates \u2013 are at an all time low. However, those professionals who remain in continuous employment are more likely to be promoted to managers and directors, further increasing wages.<br \/>\nStaff who \u201cstick around\u201d may also be chosen to work more overtime and benefit from a pay profession scale, bonuses and other performance related pay, the ONS stated.<br \/>\nCo-founder of Adzuna, Andrew Hunter, commented that the data found by the ONS demonstrated that employers are making \u201cconcerted efforts to hang onto their top talent\u201d.<br \/>\nHe added that due to employers becoming nervous about replacing members of staff, many are providing their workers with pay-rises and bonuses in order to retain them.<br \/>\nHunter also noted that while previously the best way to climb that \u201csalary ladder\u201d was to change companies, now there is increased value \u201cin staying put\u201d.<\/p>\n<p><strong>Younger employees receive larger benefits<\/strong><\/p>\n<p>The report by the ONS also found that the under 30s \u2013 including graduates \u2013 saw a \u201cphenomenal\u201d growth in earnings by remaining within the same job during 2014. They even \u201coutstripped\u201d the gains enjoyed by their older colleagues.<br \/>\nThe study also found that those aged between 22 and 29 \u2013 who remained within the same full time position for a minimum of 12 months \u2013 received a 7.2% pay rise, compared to just the 3.7% rise received by 30-39 year olds.<br \/>\nThese findings suggest that those who are leaving university or have just begun their first graduate job should hold on to their role in order to benefit from a larger pay increase.<br \/>\nAre you a recent graduate? Speak to Discovery Graduates to land your first graduate role.<\/p>","protected":false},"excerpt":{"rendered":"<p>It has been a common misconception among graduates that switching jobs will lead to higher salaries, however new analysis by the Office for National Statistics (ONS) suggests this may not be the case. According to the ONS, full time employees who remained in the same role during 2014 enjoyed a pay rise, well above those [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_breakdance_hide_in_design_set":false,"_breakdance_tags":"","footnotes":"","_members_access_role":[],"_members_access_error":""},"categories":[18,17],"tags":[],"class_list":["post-14751","post","type-post","status-publish","format-standard","hentry","category-graduate-news","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/discovery-adr.com\/us\/wp-json\/wp\/v2\/posts\/14751","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/discovery-adr.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/discovery-adr.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/discovery-adr.com\/us\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/discovery-adr.com\/us\/wp-json\/wp\/v2\/comments?post=14751"}],"version-history":[{"count":0,"href":"https:\/\/discovery-adr.com\/us\/wp-json\/wp\/v2\/posts\/14751\/revisions"}],"wp:attachment":[{"href":"https:\/\/discovery-adr.com\/us\/wp-json\/wp\/v2\/media?parent=14751"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/discovery-adr.com\/us\/wp-json\/wp\/v2\/categories?post=14751"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/discovery-adr.com\/us\/wp-json\/wp\/v2\/tags?post=14751"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}