Job hoppers better play it safe, say HR experts
Monday, Jul 8, 2013, 13:48 IST | Place: Bangalore | Agency: DNA DNA Correspondent
A job change during these tough times might do no good, be it in terms of pay or in terms of work profile.
If a job change is what you seek, hold on a bit. If your current pay or work profile frustrates you, the new job you are scouting may also do no justice to your credentials.
A job change in these tough economic times—when employers are kings and employees paupers—might do more damage than good to your career, warn human resource experts.
With recruitments on a decline, and no joining hikes in sight, it is better to stick to your current job than plunging into an already-troubled job market.
“The market is now thoroughly an employers’ market. So if you are planning to hop jobs, your bargaining power for a better pay or post will be to the minimum,” warns Yogesh Saigal, from search firm Talisman Advisors.
Unless, of course, you have impeccable qualifications and experience.
HR experts say the scenario is especially bad for average or below-average performers looking at a job change.
“If you are a star performer who feels disgruntled with your present situation, and are confident of outperforming yourself in the next firm, then you can perhaps take a chance elsewhere,” says Saigal.
But if your performance has been just average or below par, then least expect a better job.
“You can get squeezed out by the new firm, which will have over-the-top expectations,” says Sunil Goel, director at search firm GlobalHunt India.
Wait and watch
Retail employee K Rohan, who works at the front-end at a mall in Malleswaram, has set aside plans of quitting.
Frustrated at having to make ends meet with the same `16,000 that he has been getting for the last two years, Rohan began hunting for jobs in numerous small and big outlets in the city.
“Many, as usual, have frozen hirings. The remaining were not ready to hike my pay beyond `1,500 monthly,” says Rohan, who has decided to wait it out for a few more months before trying again.
He says joining another firm for a partly amount and more work makes little sense.“The expectations in the new firms will be more, and if I am unable to perform, I can even get booted out.”
HR experts say the market might ease out towards the end of the year or early next year, “or whenever the economic situation betters itself.”
Then even the offers made will be more appealing to job seekers, says Goel.