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Speaker 1: Hello.

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Speaker 2: My name's Santasha Nabananga Bamblet. I'm a proud yr the

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Speaker 2: Order Kerni Whoalbury and a waddery woman. And before we

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Speaker 2: get started on She's on the Money podcast, I would

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Speaker 2: like to acknowledge the traditional custodians of the land of

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Speaker 2: which this podcast is recorded on a wondery country, acknowledging

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Speaker 2: the elders, the ancestors and the next generation coming through

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Speaker 2: as this podcast is about connecting, empowering, knowledge sharing and

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Speaker 2: the storytelling of you to make a difference for today

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Speaker 2: and lasting impact for tomorrow.

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Speaker 1: Let's get into it. She's on the Money. She's on

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Speaker 1: the Money. Hello, and welcome that She's on the Money

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Speaker 1: cast for millennials who want financial freedom. My name is

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Speaker 1: beck Syed and with me is Victoria. Divine? Hey wrong,

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Speaker 1: divine Victoria. Yeah, it's good name, isn't it. Thanks mum.

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Speaker 1: He is a very good name.

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Speaker 3: I say, thanks mum, not dad, because obviously came from

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Speaker 3: my dad, but my mum chose to marry him.

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Speaker 1: Oh well, good.

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Speaker 3: Old decisions from women.

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Speaker 1: Good on you all the divines to be honest. Yeah,

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Speaker 1: it's a group effect. It's a group effort. Now, Victoria divine,

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Speaker 1: divine victoria. We've shared on the pod before that I've

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Speaker 1: done a fair few different jobs in my life. You have,

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Speaker 1: it's relatively impressive. Thank you. I'm kind of getting over

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Speaker 1: the embarrassment. I used to be quite embarrassed, but now

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Speaker 1: I'm like, that's cool. I've done like a million jobs.

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Speaker 1: Why is it embarrassing? I don't know. It's just like

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Speaker 1: something you don't really hear of. I'm like, I was

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Speaker 1: a kitchen for five seconds, and then I was a

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Speaker 1: barista for five seconds, and then I was this and

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Speaker 1: then this, and kept jumping and jumping and hopping. You're

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Speaker 1: just working out what you like, totally. Thank you.

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Speaker 3: That's much better than just getting into a job and

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Speaker 3: being like, can't leave because I just started and this

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Speaker 3: is trash. Yeah, everybody else who's winning X winning.

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Speaker 1: Thank you. That's a very good way to reframe it.

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Speaker 1: This is relevant today because we are talking about something

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Speaker 1: that involves changing your career on the regular, but in

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Speaker 1: a strategic way. So just hopping to literally increase your income,

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Speaker 1: I feel like it's necessary nowadays. Hey yeah, I think so.

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Speaker 3: It's really frustrating, but the rise of job hopping is

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Speaker 3: changing the landscape of employment, with companies needing to adapt

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Speaker 3: their retention strategies to keep employees engaged. While loyalty and

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Speaker 3: engagement with your workplace is really important, often the most

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Speaker 3: effective way to get the salary increase you want, sadly,

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Speaker 3: is by changing jobs and companies.

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Speaker 1: So let's face it.

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Speaker 3: Many salaries are unfortunately not keeping up with inflation, and

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Speaker 3: lots of people are considering leaving.

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Speaker 1: Well, let's talk about it.

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Speaker 3: Oh, it's an interesting concept and it makes me really sad.

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Speaker 1: Side notes.

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Speaker 3: I used to work in employee engagement and satisfaction Like

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Speaker 3: that used to be my job. I used to be

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Speaker 3: secondered into other companies. We used to do employee engagement

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Speaker 3: surveys and then I would implement strategies to increase engagement

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Speaker 3: and it was tightly I guess, correlated with remuneration, right, So, like,

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Speaker 3: I know a fair bit about this, and this is

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Speaker 3: why it annoys me, because I'm like you guys unable

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Speaker 3: to read, like, pay your people properly and they won't

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Speaker 3: leave you. Good strategy. I mean, it's not the only strategy.

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Speaker 3: But from my perspective, it's funny because there's three factors

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Speaker 3: that I think play into employee engagement, say stay and strive. Okay,

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Speaker 3: if somebody was like at a barbecue on a weekend

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Speaker 3: and they said, hey, Beck, tell me about your job,

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Speaker 3: I would want you to be saying good things about

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Speaker 3: the company, not in my presence, so I'd want you

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Speaker 3: to be like, oh, yeah, it's a really good company,

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Speaker 3: Like they treat me well. They you know, remunerate me

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Speaker 3: properly for the work that I do. The second point

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Speaker 3: is stay. So you want to stay with the company,

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Speaker 3: You're not looking for another job. And the reason you

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Speaker 3: want to stay is because all of your quote hygiene

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Speaker 3: factors are being met. So for me, a hygiene factor

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Speaker 3: is kind of like you're being paid enough to live

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Speaker 3: a reasonable life. You're being paid enough for the job

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Speaker 3: that you're doing. You are being paid for the jobs that.

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Speaker 1: You are undertaking. And then strive.

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Speaker 3: So that's the like lust point that I think is

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Speaker 3: a real key indicator of whether an employee is willing

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Speaker 3: to stay or not strive.

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Speaker 1: Is that above and beyond?

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Speaker 3: Like, is that employee going above and beyond in their job.

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Speaker 3: We're not saying, oh my gosh, are they staying till

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Speaker 3: ten pm? Because I don't think that's a reflection of

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Speaker 3: work ethic at all.

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Speaker 1: I think you know again.

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Speaker 3: Side note, if you can't do your job within the

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Speaker 3: thirty eight hour week that you've been allocated, there's one

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Speaker 3: of two things happening, right. Either I, as your boss,

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Speaker 3: have given you too many jobs for that period of

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Speaker 3: time and I'm taking advantage of you, or you, as

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Speaker 3: the employee, you're just dragging your feet and you actually

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Speaker 3: have to spend a whole heap of time outside of

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Speaker 3: work hours to get the job that I allocated you done.

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Speaker 3: It's one or the other. Staying till ten pm not sexy. No,

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Speaker 3: Like above and beyond is more. You're willing to put

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Speaker 3: the time, energy, and effort in. I'm not expecting you

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Speaker 3: to work six million other hours, right, to be clear.

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Speaker 3: So it's interesting in twenty twenty three, when we have

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Speaker 3: accessed all of the information, all of the.

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Speaker 1: Data that says these are.

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Speaker 3: The three things that really play into employee retention.

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Speaker 1: People like nah, nah.

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Speaker 3: Other than that, people do not realize how bad it is.

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Speaker 3: And then they're like, oh, I'm so surprised beck quit.

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Speaker 3: She said she was going to a different job, and like,

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Speaker 3: I'm just so surprised. I thought she loved her job. Yeah,

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Speaker 3: but you are underpaying her, and when she asked for

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Speaker 3: a raise, you said no. And then she found out

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Speaker 3: that her friend, who had recently started and she'd trained,

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Speaker 3: got paid more than her. She was just done with

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Speaker 3: your shit. Yea, the problem is you, babe. It blows

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Speaker 3: my mind. And I know that this concept is going

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Speaker 3: to be new to some people in our community, but

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Speaker 3: also not new all to a lot of people, because

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Speaker 3: a lot of the times we've had really nice money

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Speaker 3: diarists on the show talking about how they left a

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Speaker 3: role to increase their salary, or they left because they

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Speaker 3: weren't being respected or remunerated in the way that they

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Speaker 3: should have been. And I just think today, let's look

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Speaker 3: at a few things. Let's look at the concept of

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Speaker 3: job hopping. Let's look at the outline of the best

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Speaker 3: way to do it, and also look at the potential

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Speaker 3: pros and cons to get you really thinking about whether

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Speaker 3: it might work for you. Because it's not the nineteen

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Speaker 3: fifties anymore. You don't join one company and work there

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Speaker 3: until you retire anymore. It's just not what's gonna happen there.

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Speaker 1: It's not gonna happen that's very maybe nineteen fifties yeah, perfectly,

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Speaker 1: because what I've done is I've looked up some stats

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Speaker 1: for you, stats goal, and I wonder if you're keen

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Speaker 1: to hear.

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Speaker 3: I'm so excited because I know some of the stats already.

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Speaker 3: I don't know what you've found those, So dig them up,

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Speaker 3: show us what you've got.

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Speaker 1: It's over these down. So if it sounds like I'm reading,

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Speaker 1: it's because i'm reading, it's because you're reading. So according

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Speaker 1: to his study by USA's ADP Research Institute, yeah, I

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Speaker 1: would have to.

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Speaker 3: Read twenty one of the mouth makes sense.

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Speaker 1: In twenty twenty one, jobs witches saw their wages grow

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Speaker 1: five point eight percent year over year in June, while

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Speaker 1: job holders experienced a three point one percent gain derived

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Speaker 1: from payroll data of eighteen million workers.

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Speaker 3: So the maths is quite clear. You leave your job,

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Speaker 3: you get paid more.

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Speaker 1: Job hoppers get paid more. Job stayers maybe some get

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Speaker 1: paid more, but they get paid less. The science is science. Yes,

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Speaker 1: I mean they get a pay rise, but maybe rarely.

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Speaker 1: I don't really know what all. Stop trying to back

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Speaker 1: the employers right now. That's driving just a big fensit.

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Speaker 1: I'm getting splinters. So back home here in Australia, over

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Speaker 1: fifty five percent of bossies have been at their current

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Speaker 1: workplace for less than five years, while just one in

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Speaker 1: ten have been with the same company for over twenty years.

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Speaker 1: That's refreshing, actually, because you know, when you speak to

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Speaker 1: middle aged no get rid of that. Maybe you have

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Speaker 1: shouldn't say, let's not get rid of that, let's keep that.

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Speaker 1: I love that. I think I'm middle but it's true,

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Speaker 1: this is the problem.

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Speaker 3: I think it's true like people of my parents' generation

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Speaker 3: were much more likely to stay in a job for

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Speaker 3: a significant period of time because for them, loyalty paid off. True,

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Speaker 3: whereas I don't think loyalty pays off in the same

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Speaker 3: way that it used to. And that's actually really sad. Yeah,

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Speaker 3: because you know, I don't know. I look at it

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Speaker 3: from two perspectives. I suppose I used to be an employee,

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Speaker 3: and I have had those conversations where I've said I

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Speaker 3: need a race and I've had it declined. I'm also

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Speaker 3: now an employer and I have two different teams in

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Speaker 3: which I employ more than thirty people. So these conversations

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Speaker 3: are things that I deal with literally every single day

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Speaker 3: in the background. And I don't know if it's my

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Speaker 3: personality I don't know if anybody else is like this,

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Speaker 3: because I get maybe it's the ADHD thing. Do you

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Speaker 3: know that people with ADHD have a higher sense of

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Speaker 3: justice than anybody else, Like, it's actually not just ADHD,

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Speaker 3: it's nearest bicy friends across the board. Whether you are

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Speaker 3: on any type of spectrum, you have a higher sense

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Speaker 3: of justice. So if you see something that is wrong,

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Speaker 3: you're more likely to get involved in the fight or

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Speaker 3: not like it or not agree with it. And I

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Speaker 3: think that that could play into this, but it just

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Speaker 3: really frustrates me that if I have good employees, the

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Speaker 3: idea that they would think that they weren't properly remunerated.

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Speaker 3: I'm immediately like, beck, I want to talk about it,

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Speaker 3: like I want you to be so happy with your

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Speaker 3: salary because you know that it's a reflection of your

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Speaker 3: capabilities and what you've put into the role and what

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Speaker 3: the role is worth. And we have these open, honest

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Speaker 3: conversations and I don't think that should.

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Speaker 1: Come as a surprise.

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Speaker 3: I mean, I am she's on the money, but it

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Speaker 3: blows my mind when I hear from people in our

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Speaker 3: community that they don't get the same grace of having

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Speaker 3: those conversations with their employer. Their employer might go, oh, well, Beck,

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Speaker 3: I can't afford that. You're kind of like, well, if

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Speaker 3: that's a ca you can't afford me. Like, and I

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Speaker 3: know a lot of people are going to get up

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Speaker 3: in arms and they might say, oh VI, but small

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Speaker 3: businesses can't afford to just give pay rises.

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Speaker 1: Your responsibility as.

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Speaker 3: Well to find a way to remunerate your employees so

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Speaker 3: that they have a living wage. Your employee chose to

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Speaker 3: be an employee for the stability. Otherwise everybody would have

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Speaker 3: their own businesses, right, Beck, Like everybody would be out

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Speaker 3: on their own because the idea of business is that

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Speaker 3: you make more than an average salary.

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Speaker 1: Otherwise, why bother?

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Speaker 2: Right?

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Speaker 1: So, why would.

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Speaker 3: You not have these open, honest conversations with your employees.

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Speaker 3: But at the same time, I completely understand, like, sometimes

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Speaker 3: your hands are tied in which case, why aren't you

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Speaker 3: having that conversation with your employee?

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Speaker 2: Beck?

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Speaker 1: Oh my gosh, things.

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Speaker 3: Are really stretched at the moment. I know I should

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Speaker 3: be paying you more, but I just can't cut.

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Speaker 1: It right now.

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Speaker 3: At least you know where you stand, and that gives you,

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Speaker 3: as the employee, the opportunity to go well, actually that's

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Speaker 3: not good enough for me at the moment, like rising

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Speaker 3: cost of living, I can't really afford things. I might

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Speaker 3: just start looking for a new role, or you might

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Speaker 3: go no, it makes sense. I really respect that my

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Speaker 3: employer has been so transparent with me. I'm actually kind

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Speaker 3: of happy with the income. It would have been nice

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Speaker 3: to have more, but like, I much prefer to like

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Speaker 3: work at this company that I adore, then go somewhere

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Speaker 3: else just for higher pay. Because everybody's values are different, right,

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Speaker 3: So there's not a right or a wrong. But I

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Speaker 3: think we need to be transparent, and I don't think

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Speaker 3: in twenty twenty three most people are. No, so it

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Speaker 3: blows my mind that people expect loyalty without giving back

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Speaker 3: loyalty to their employees.

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Speaker 1: True, that makes so much sense. Makes me mad. It

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Speaker 1: makes me mad too. I'm actually kind of having a

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Speaker 1: bit of an epiphany as you say that. I'm like,

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Speaker 1: I think I have a lot of ADHD tendencies, maybe

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Speaker 1: neuro spicy time.

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Speaker 3: I told you this is so wildly inappropriate and I

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Speaker 3: should not be diagnosing you. But the second I met you,

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Speaker 3: I was like, oh, near a spicy friend. We both

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Speaker 3: spit on our chairs. While we record.

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Speaker 1: I can't keep still.

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Speaker 3: I'm making paper cranes across the table. I'm gifting them

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Speaker 3: to you. We have fidget toys that have now been

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Speaker 3: confiscated because we make too much noise with them. Like, Babe,

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Speaker 3: I'm really sorry to tell you this, but you are

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Speaker 3: on some spectrum.

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Speaker 1: I'm not sure which one it is that makes it,

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Speaker 1: that makes it. The one that really tipped it over

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Speaker 1: the edge for me was the injustice thing that you

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Speaker 1: said Toeah. It makes me cry and it makes me

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Speaker 1: so I can't like express can't let it go. I

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Speaker 1: can't let it go. I can't let go become obsessed

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Speaker 1: with it. So I'm going to maybe look into that.

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Speaker 1: But V before I do, I have one thing for you, right, stats,

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Speaker 1: girl show me. In February twenty twenty two, one point

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Speaker 1: three million Australians changed jobs, accounting for ten percent of

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Speaker 1: employed people, which was the highest annual job mobility rate

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Speaker 1: since twenty twelve. I am not surprised. Do you know why.

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Speaker 1: I'm not surprised?

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Speaker 3: Why Because that was coming off the back of COVID true,

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Speaker 3: so it was like, I don't know, I feel like

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Speaker 3: lots of us were in the exact same position in COVID,

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Speaker 3: where we're like, we've got a secure job. I'm not

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Speaker 3: going to quit my job right now, because if you've

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Speaker 3: got a job that's stable, like, don't mess with something

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Speaker 3: that's not broken, especially at a time where there's not

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Speaker 3: a lot of economic stability and you're not really sure

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Speaker 3: what's going on. So I think a lot of us had,

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Speaker 3: let's call it those two years of thinking time during.

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Speaker 1: COVID to go do I want this?

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Speaker 3: Do I not?

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Speaker 1: And a lot of us were kind of like teeing up.

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Speaker 3: Okay, Well, when this COVID thing's over, I'm going to

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Speaker 3: find a new job. And I feel like when it

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Speaker 3: started to be over, everybody got a little bit more comfortable.

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Speaker 3: And then the new year happened and the end of

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Speaker 3: January came and then February, Bam, I'm still in that

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Speaker 3: dead end job that I don't want to be in. Yeah,

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Speaker 3: I'm going to move. So that kind of makes sense

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Speaker 3: as to why it was the biggest transition.

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Speaker 1: But I think we got a lot of.

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Speaker 3: What would you say, like exposure or like insight to

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Speaker 3: our employers and how much they actually respected us or

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Speaker 3: not during COVID.

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Speaker 1: Has I definitely agree to kind of like, let us

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Speaker 1: figure out if this is really what we wanted. It

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Speaker 1: kind of was a time for everyone to really reflect

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Speaker 1: on what the hell we're doing and what are we're doing.

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Speaker 3: Most of us ended up working at home on jobs

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Speaker 3: that we might not have liked. Yeah, and that I

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Speaker 3: don't know if you have a job that you don't

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Speaker 3: like and the only reason that you're really staying was

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Speaker 3: for the culture that makes it even worse. Totally, So

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Speaker 3: V let's break down the advantages of a job hopping.

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Speaker 1: All right, let's talk about it.

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Speaker 3: So salary increase is one of the advantages, right, So

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Speaker 3: you can earn more Mueller kind of sexy. So when

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Speaker 3: you stay with the same company for an extended period

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Speaker 3: of time, your salary increases are often limited to standard

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Speaker 3: raisers and your performance based ratings.

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Speaker 1: Right.

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Speaker 3: By moving to a new employer, you could negotiate a

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Speaker 3: higher starting salary based on your updated skills or experience

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Speaker 3: or the market demand. Miss jessic Ricci, who we know

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Speaker 3: and love, has said before, I don't know how I

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Speaker 3: feel about this as her current employer that whenever she

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Speaker 3: goes for a new job, she just asks for ten

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Speaker 3: percent more as a base to begin with, because she's like,

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Speaker 3: I'm not leaving for less than ten percent more.

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Speaker 1: It's always worked for her. Yeah, I love that.

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Speaker 3: I kind of love that rule. I am the type

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Speaker 3: of person that I think that's good. Please don't leave me, Jessica,

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Speaker 3: negotiate your pay with me. But it's one of those

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Speaker 3: things that just have some balls. Yeah, you want to

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Speaker 3: move jobs back and you've done this job for a

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Speaker 3: little while, just tack on an extra ten k.

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Speaker 1: Yeah, that's actually very very smart.

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Speaker 3: I think it's quite intellig Yes, Yeah, the next skill diversification,

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Speaker 3: so job hopping. It's going to expose you to a

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Speaker 3: variety of different work environments and industries and technologies like

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Speaker 3: what you've gone through. Beck, Like, I feel like you're

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Speaker 3: the office all rounder. Like, are you not the person

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Speaker 3: that if she is hitting the fan in this office?

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Speaker 1: Who do people come to?

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Speaker 2: God?

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Speaker 1: Well, I guess you could say I'm pretty much at

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Speaker 1: big I'm pretty popular around here. Definitely just kidding, but yes,

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Speaker 1: I'm not that I've learned some No.

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Speaker 3: You're like the person that everyone's like, oh, can you

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Speaker 3: get back back?

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Speaker 1: Might fix that? That is where is the lie? Where

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Speaker 1: is the lie?

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Speaker 3: That's what they say. I don't see no life exactly.

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Speaker 3: So each new position, it presents an opportunity to learn

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Speaker 3: a new skill or have some more experience, or expand

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Speaker 3: your expertise, which potentially makes you more valuable to future employers.

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Speaker 3: What would this office do without you?

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Speaker 1: Beck, Crumble exact, Crumble exactly. The next pro is career advancement.

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Speaker 3: So switching jobs relatively strategically it could actually lead to

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Speaker 3: faster career growth and increased responsibilities, which is kind of nice.

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Speaker 3: New employers might recognize and reward your previous experiences, leading

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Speaker 3: to quicker promotions and elevated positions. Yeah, okay, how many

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Speaker 3: times have we seen it internally? Where if Beckleck, Let's

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Speaker 3: pretend that you're in a stock standard role, which you're not,

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Speaker 3: and you're like, oh, I'd love to move up to

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Speaker 3: the manager position, right, but like the manager positions taken,

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Speaker 3: But the company really likes you and they want to

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Speaker 3: keep you in that role.

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Speaker 1: So they keep telling you, yeah, Beck will train you,

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Speaker 1: will do this, we'll do that.

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Speaker 3: But you also know Analisa has that job, and Analsa

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Speaker 3: hasn't left, and Analisa doesn't have any intention on leaving

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Speaker 3: because Analsa loves her job and that's her dream job.

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Speaker 3: So you actually don't have a lot of opportunity. But

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Speaker 3: that company's probably going to keep telling you, oh, beck

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Speaker 3: yup at the point at which you're ready, we can

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Speaker 3: move you up. It's not gonna happen. Like, let's be logical. Yeah, yeah,

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Speaker 3: a bit sad, but it's a bit true.

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Speaker 1: Yeah.

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Speaker 3: The amount of recruiters are going to be so mad

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Speaker 3: at me. Oh my gosh, can't wait.

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Speaker 1: For them to part my dms and be like Victoria,

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Speaker 1: that's not true. We remunerate people. Can't wait, can't wait?

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Speaker 1: Are you scared? No, sit down? Sit down? Am I

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Speaker 1: ever scared? No, that's true. I've never seen you ever

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Speaker 1: shake a boot.

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Speaker 3: No, definitely gets scared. Sometimes I get so scared I cry. Oh,

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Speaker 3: but I'm not scared of people telling me, oh, that's

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Speaker 3: not how it works in my company, because I go, wow,

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Speaker 3: then your experience must be a unicorn and I'm so

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Speaker 3: proud of you. But that's not the experience of absolutely everybody.

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Speaker 1: Sure.

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Speaker 3: It's like when people say I've never experienced racism, so

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Speaker 3: it must not exist.

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Speaker 1: You're like, Okay, Craig Paul Kelly, I don't know if

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Speaker 1: that's a real name. You can't say that. Sorry, Paul Kelly,

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Speaker 1: whoever you are, I just thought as the whitest name

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Speaker 1: to ever exists, so not Paul Kelly. I didn't realize

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Speaker 1: Paul Kelly was a real person. Did you make a

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Speaker 1: public apology to Paul Kelly? Please everyone exist?

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Speaker 2: Yeah?

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Speaker 1: But do you know what his work? He lives on

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Speaker 1: the peninsula back Paul Kelly, I've I've probably been to

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00:18:40,600 --> 00:18:44,280
Speaker 1: his house before. You probably know his daughter. His daughter

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Speaker 1: he's going with me. And not only that, but I

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Speaker 1: hear he sings about racial device, so he's an ally.

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Speaker 1: I'm so sorry, Paul Kelly. That's just the only name

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Speaker 1: I thought of, and that's so.

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Speaker 3: Arguably because that was I don't know if it was inappropriate,

396
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Speaker 3: but it was funny.

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Speaker 1: I'm very sorry.

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Speaker 3: I reckon he might be on the spectrum because he's

399
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Speaker 3: definitely got that in justice about him too.

400
00:19:10,840 --> 00:19:13,760
Speaker 1: I love that. But I don't even know where we were.

401
00:19:13,840 --> 00:19:15,480
Speaker 1: So let's move on to the next pay.

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Speaker 2: Yeah.

403
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Speaker 3: So the next point that I've written down, Beck is

404
00:19:19,280 --> 00:19:23,040
Speaker 3: better negotiation skills, which I think are really important actually,

405
00:19:23,359 --> 00:19:26,080
Speaker 3: like in life in general, to be able to negotiate

406
00:19:26,240 --> 00:19:29,240
Speaker 3: is a skill. That's why it's called negotiation skills right,

407
00:19:29,680 --> 00:19:33,560
Speaker 3: and job hoppers tend to develop stronger negotiation skills as

408
00:19:33,600 --> 00:19:37,400
Speaker 3: they navigate various job oppers and conversation packages. And that

409
00:19:37,560 --> 00:19:39,960
Speaker 3: is actually really powerful because it can put you in

410
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Speaker 3: a better position long term. So being able to negotiate

411
00:19:44,320 --> 00:19:47,280
Speaker 3: beck means that you're better at self advocating, and I

412
00:19:47,280 --> 00:19:50,000
Speaker 3: think that that is a really really good skill to have.

413
00:19:50,359 --> 00:19:52,520
Speaker 3: You're more likely to be like, oh, that's actually not right.

414
00:19:52,600 --> 00:19:55,160
Speaker 3: How do I negotiate this? And I think that's kind

415
00:19:55,200 --> 00:19:57,560
Speaker 3: of sexy, so not the worst thing. And then the

416
00:19:57,680 --> 00:20:01,520
Speaker 3: last thing I've written down is networking opportunity. So job

417
00:20:01,520 --> 00:20:04,880
Speaker 3: hopping could help you build a broader professional network, which

418
00:20:04,920 --> 00:20:07,200
Speaker 3: is kind of good. If done right, it could lead

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00:20:07,200 --> 00:20:10,400
Speaker 3: to valuable connections and potential career opportunities in the future.

420
00:20:10,720 --> 00:20:13,199
Speaker 1: I love that. I also love that, And this is

421
00:20:13,200 --> 00:20:15,720
Speaker 1: a really good place to go for a really quick break. Yeah,

422
00:20:15,720 --> 00:20:18,719
Speaker 1: we're going to go listen to So Kelly. We're going

423
00:20:18,760 --> 00:20:21,240
Speaker 1: to educate you a bit more. I need it, and

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00:20:21,280 --> 00:20:23,400
Speaker 1: then when we come back we can talk a bit

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Speaker 1: more about job hopping.

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00:20:24,680 --> 00:20:25,080
Speaker 3: Perfect.

427
00:20:25,200 --> 00:20:33,879
Speaker 1: So anyway, okay, we are back. We've listened to some

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00:20:33,920 --> 00:20:38,120
Speaker 1: Paul Kelly, Yes and we've jammed, we've lived and laughed,

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Speaker 1: and we're coming back now to what we were talking

430
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Speaker 1: about beforehand, which is job hop hopping. So I noticed

431
00:20:44,960 --> 00:20:48,280
Speaker 1: that you say the phrase if done right, But how

432
00:20:48,320 --> 00:20:49,480
Speaker 1: do we do this right?

433
00:20:49,640 --> 00:20:53,040
Speaker 3: That's such a fickle conversation, isn't it. So I've written

434
00:20:53,040 --> 00:20:55,600
Speaker 3: down a few things that I think you need to

435
00:20:55,680 --> 00:20:59,320
Speaker 3: do to do job hopping right, because I think sometimes

436
00:20:59,440 --> 00:21:01,640
Speaker 3: we get a little bit excited and go, oh, I'll

437
00:21:01,680 --> 00:21:04,879
Speaker 3: just change jobs, and then it's not what you dreamed

438
00:21:04,880 --> 00:21:07,720
Speaker 3: of it being like the grass is always Greener's like,

439
00:21:07,880 --> 00:21:10,640
Speaker 3: let's just check that the grass is greener before we

440
00:21:10,920 --> 00:21:13,880
Speaker 3: actually make a big decision, because job hopping, as much

441
00:21:13,960 --> 00:21:18,400
Speaker 3: as it is of little to no consequence long term,

442
00:21:18,760 --> 00:21:21,040
Speaker 3: short term, it could make a massive difference. So first

443
00:21:21,040 --> 00:21:24,680
Speaker 3: things first, big one, But I want you to define

444
00:21:24,880 --> 00:21:28,400
Speaker 3: your career goals. Make them really clear, Beck, I think

445
00:21:28,440 --> 00:21:31,960
Speaker 3: it's so important to understand what you're wanting from each

446
00:21:32,080 --> 00:21:35,480
Speaker 3: move and how it actually aligns with your ultimate objectives.

447
00:21:35,760 --> 00:21:37,960
Speaker 3: Maybe you're just changing because you're brought of the job

448
00:21:38,000 --> 00:21:40,840
Speaker 3: that you're in, and that's actually okay to say I

449
00:21:40,840 --> 00:21:42,600
Speaker 3: don't actually like the job that I've got.

450
00:21:42,760 --> 00:21:44,880
Speaker 1: I want to try something different. That's fine.

451
00:21:44,920 --> 00:21:47,000
Speaker 3: You might say I want something different, and to be honest,

452
00:21:47,040 --> 00:21:48,159
Speaker 3: I don't know what I want to be when I

453
00:21:48,200 --> 00:21:52,560
Speaker 3: grow up, but this feels good. Understanding why is really important.

454
00:21:53,000 --> 00:21:56,280
Speaker 3: Continuing to upgrade and invest in your skills. So the

455
00:21:56,320 --> 00:21:59,119
Speaker 3: more valuable you end up becoming in the job market,

456
00:21:59,160 --> 00:22:02,640
Speaker 3: beck the higher salary negotiation power you have, the more

457
00:22:02,680 --> 00:22:05,920
Speaker 3: stuff you can do, the more flips you can show.

458
00:22:06,359 --> 00:22:07,720
Speaker 1: The more money they're gonna pay you.

459
00:22:07,800 --> 00:22:11,800
Speaker 3: I love that money win. Establishing a strong foundation is

460
00:22:11,840 --> 00:22:14,800
Speaker 3: really important. It is essential to have a solid work

461
00:22:14,880 --> 00:22:17,600
Speaker 3: history and a few years of experience in your field

462
00:22:17,600 --> 00:22:22,359
Speaker 3: before considering job hopping. So employers definitely value stability and

463
00:22:22,400 --> 00:22:25,359
Speaker 3: commitment early in your career. And I think having a

464
00:22:25,400 --> 00:22:29,080
Speaker 3: really strong narrative if you have left jobs early is

465
00:22:29,160 --> 00:22:31,240
Speaker 3: also really important because people are going to go back.

466
00:22:31,280 --> 00:22:32,800
Speaker 1: Why did your last four months there?

467
00:22:33,359 --> 00:22:33,439
Speaker 2: Oh?

468
00:22:33,480 --> 00:22:34,600
Speaker 1: I didn't like it. I was bored.

469
00:22:35,240 --> 00:22:38,960
Speaker 3: That's probably not gonna fly in an interview in the

470
00:22:39,000 --> 00:22:42,440
Speaker 3: way that you think it might, but saying look, after

471
00:22:42,520 --> 00:22:44,359
Speaker 3: four months, I didn't want to waste any more of

472
00:22:44,400 --> 00:22:46,159
Speaker 3: their time or any more of my time. I just

473
00:22:46,240 --> 00:22:48,080
Speaker 3: knew that that was not the job for me. And

474
00:22:48,080 --> 00:22:49,840
Speaker 3: that's why I'm sitting in front of you, because I've

475
00:22:49,840 --> 00:22:53,159
Speaker 3: done my research and I understand what your job entails,

476
00:22:53,200 --> 00:22:55,480
Speaker 3: and you feel like that's such a better fit yep,

477
00:22:55,760 --> 00:22:58,760
Speaker 3: instead of I got bored because that's just not gonna

478
00:22:58,760 --> 00:23:00,560
Speaker 3: cut it. Honestly, if someone said that to me, I'd

479
00:23:00,560 --> 00:23:03,560
Speaker 3: be like, pretend it's something else, sure, because you don't

480
00:23:03,600 --> 00:23:06,440
Speaker 3: know that they will get bored with you exactly exactly,

481
00:23:06,640 --> 00:23:09,639
Speaker 3: And I think just being able to articulate yourself well

482
00:23:09,720 --> 00:23:13,920
Speaker 3: right makes sense. The next is timing matters, so avoiding

483
00:23:14,000 --> 00:23:18,439
Speaker 3: job hopping too frequently or without substantial achievements. So a

484
00:23:18,520 --> 00:23:20,680
Speaker 3: general rule of thumb is to stay in a job

485
00:23:20,720 --> 00:23:24,160
Speaker 3: for at least one or two years before exploring new opportunities.

486
00:23:24,400 --> 00:23:27,240
Speaker 3: We're not saying stay ten, but like one or two years.

487
00:23:27,320 --> 00:23:30,679
Speaker 3: I think at a minimum you pass probation in that

488
00:23:30,800 --> 00:23:33,720
Speaker 3: job before you think about leaving, because if you're leaving

489
00:23:33,760 --> 00:23:35,920
Speaker 3: within that first six month period, if that's what your

490
00:23:35,920 --> 00:23:38,480
Speaker 3: probation looks like, to me, that can be a little

491
00:23:38,480 --> 00:23:40,720
Speaker 3: bit of a red flag, especially if there are a

492
00:23:40,800 --> 00:23:43,280
Speaker 3: number of them, because you kind of go, why is

493
00:23:43,320 --> 00:23:45,240
Speaker 3: Beck not making probation right?

494
00:23:45,840 --> 00:23:46,000
Speaker 1: Right?

495
00:23:46,119 --> 00:23:49,560
Speaker 3: She might have quit, but was that her choice, Like, right, Okay,

496
00:23:49,720 --> 00:23:50,320
Speaker 3: do you know what I mean?

497
00:23:50,400 --> 00:23:51,280
Speaker 1: Yeah, I see what you mean.

498
00:23:51,480 --> 00:23:55,080
Speaker 3: The next is evaluate company culture and growth opportunities. So

499
00:23:55,119 --> 00:23:58,000
Speaker 3: look for companies that offer room for growth and mentoring

500
00:23:58,080 --> 00:24:02,320
Speaker 3: programs and supportive work culture. Don't solely focus on salary.

501
00:24:02,720 --> 00:24:06,880
Speaker 3: Consider the overall potential of your career advancement, because we

502
00:24:06,960 --> 00:24:10,600
Speaker 3: know that more money does not equal more happiness. As

503
00:24:10,680 --> 00:24:13,199
Speaker 3: much as you might think, it might fix everything and

504
00:24:13,240 --> 00:24:15,320
Speaker 3: it might make things a little bit more comfy in

505
00:24:15,400 --> 00:24:18,359
Speaker 3: the really, really short term, it's not going to solve

506
00:24:18,359 --> 00:24:22,120
Speaker 3: world hunger. No, sorry, MO money more problems, Mo money,

507
00:24:22,119 --> 00:24:26,680
Speaker 3: more problems. The next is network and build relationships. Networking

508
00:24:26,720 --> 00:24:30,480
Speaker 3: plays a crucial role in job hopping success, so attend

509
00:24:30,560 --> 00:24:34,000
Speaker 3: industry events or conferences that are related to your industry.

510
00:24:34,040 --> 00:24:38,200
Speaker 3: Attend job fairs to connect with potential employers and industry professionals.

511
00:24:38,440 --> 00:24:40,399
Speaker 3: The other thing that I adore, and I've said this

512
00:24:40,480 --> 00:24:43,480
Speaker 3: on the podcast one million and one times back, I

513
00:24:43,560 --> 00:24:44,160
Speaker 3: love LinkedIn.

514
00:24:44,920 --> 00:24:47,560
Speaker 1: I mean, she's a LinkedIn girly, I'm a LinkedIn queen.

515
00:24:48,040 --> 00:24:50,840
Speaker 3: I mean I'm not that active on it nowadays because

516
00:24:50,840 --> 00:24:53,640
Speaker 3: I just don't have time. But when I was in

517
00:24:53,680 --> 00:24:57,359
Speaker 3: that phase of finding new jobs and looking for new opportunities.

518
00:24:57,680 --> 00:24:59,600
Speaker 3: You know how much creep and you can do. I

519
00:24:59,680 --> 00:25:03,640
Speaker 3: love it creepy LinkedIn stalk like, Oh, I want Beck's job.

520
00:25:03,720 --> 00:25:05,520
Speaker 3: I'm going to go see what Beck has done before

521
00:25:05,560 --> 00:25:08,560
Speaker 3: that job? How did Beck get into that job? So

522
00:25:08,600 --> 00:25:10,840
Speaker 3: she worked at a RN and this job and this job,

523
00:25:11,000 --> 00:25:12,240
Speaker 3: and now she has this one.

524
00:25:12,280 --> 00:25:13,200
Speaker 1: Oh that's kind of cool.

525
00:25:13,240 --> 00:25:16,920
Speaker 3: Career progressionate that maybe I'm interested in that company.

526
00:25:17,160 --> 00:25:20,480
Speaker 1: That could be cool. That's interesting. It is scary though,

527
00:25:20,480 --> 00:25:23,200
Speaker 1: when you can see the little notification that says it

528
00:25:23,280 --> 00:25:25,679
Speaker 1: has been Just turn it off. But what if you

529
00:25:25,720 --> 00:25:27,440
Speaker 1: don't want other people to see that you just turn

530
00:25:27,480 --> 00:25:29,080
Speaker 1: it off? Oh can you do that? Yeah?

531
00:25:29,119 --> 00:25:31,040
Speaker 3: If you turn it off, it means that you can't

532
00:25:31,040 --> 00:25:33,960
Speaker 3: see who's visited your profile, but they can't see you either.

533
00:25:34,720 --> 00:25:36,760
Speaker 3: Qua street. You can't just have it one way.

534
00:25:37,119 --> 00:25:40,000
Speaker 1: That's very good to know. Actually, so Beck, who cares?

535
00:25:40,160 --> 00:25:42,119
Speaker 1: That's true? No one should get after this, I'm going

536
00:25:42,200 --> 00:25:43,480
Speaker 1: to go straight back to creeping.

537
00:25:43,760 --> 00:25:46,480
Speaker 3: Yeah, go back to creeping and you can creep anonymously,

538
00:25:46,520 --> 00:25:49,720
Speaker 3: which we really like. But I also think, what's the

539
00:25:49,720 --> 00:25:51,760
Speaker 3: worst thing that could happen if somebody saw that you

540
00:25:51,760 --> 00:25:54,600
Speaker 3: were on their profile, they go, oh, Beck's.

541
00:25:54,320 --> 00:25:57,920
Speaker 1: Interested in working with me. Oh, Beck's interested in my job.

542
00:25:58,000 --> 00:25:58,400
Speaker 2: True?

543
00:25:58,840 --> 00:26:01,520
Speaker 3: Cool, Well you should do make it a little bit

544
00:26:01,520 --> 00:26:03,600
Speaker 3: more creepy, Beck, Why don't you reach out to them

545
00:26:03,600 --> 00:26:05,240
Speaker 3: if you think they're a cool human being and you

546
00:26:05,280 --> 00:26:06,440
Speaker 3: want to know more about their job.

547
00:26:06,800 --> 00:26:09,159
Speaker 1: Do you know what people love doing? Beck? Like talking

548
00:26:09,160 --> 00:26:10,080
Speaker 1: about themselves?

549
00:26:10,600 --> 00:26:14,600
Speaker 3: Oh, people love talking about themselves. So if I reached

550
00:26:14,600 --> 00:26:17,159
Speaker 3: out to you, I said, oh, Beck, your job looks

551
00:26:17,320 --> 00:26:20,800
Speaker 3: so cool. I'd love to know more about how you

552
00:26:20,880 --> 00:26:21,760
Speaker 3: got to where you are.

553
00:26:22,080 --> 00:26:24,240
Speaker 1: Can I buy your coffee? I think I would like that.

554
00:26:24,280 --> 00:26:26,760
Speaker 1: I see what you mean. Yeah, okay, well maybe exactly.

555
00:26:27,359 --> 00:26:29,320
Speaker 3: And you know what, then you get to meet someone,

556
00:26:29,440 --> 00:26:32,119
Speaker 3: maybe in a job that you aspire to have, or

557
00:26:32,119 --> 00:26:34,080
Speaker 3: maybe in a company that you're like, Oh, I've been

558
00:26:34,080 --> 00:26:36,320
Speaker 3: looking at this company for ages, and you know there's

559
00:26:36,359 --> 00:26:40,080
Speaker 3: a few roles being advertised, like oh got a little

560
00:26:40,200 --> 00:26:41,040
Speaker 3: internal reference?

561
00:26:41,080 --> 00:26:44,359
Speaker 1: Now do your friend? True Eke smart and not harder?

562
00:26:44,400 --> 00:26:46,879
Speaker 3: Beck, I love that all for the cost of a coffee.

563
00:26:46,920 --> 00:26:50,600
Speaker 3: That's great. Great advice, call me LinkedIn call me. The

564
00:26:50,640 --> 00:26:54,359
Speaker 3: next is craft a compelling resume and cover letter. So

565
00:26:54,520 --> 00:26:57,720
Speaker 3: customize your resume and cover letter for each application highlighting

566
00:26:57,720 --> 00:27:01,440
Speaker 3: your relevant achievements and experience that align with the potential

567
00:27:01,480 --> 00:27:05,480
Speaker 3: employer's needs. Now I need to admit got in a

568
00:27:05,520 --> 00:27:08,480
Speaker 3: fight the other day on TikTok. Oh my gosh, I'm

569
00:27:08,480 --> 00:27:10,960
Speaker 3: really good at it. My husband says I need to

570
00:27:11,000 --> 00:27:11,920
Speaker 3: be less spicy.

571
00:27:12,320 --> 00:27:12,920
Speaker 1: What happened?

572
00:27:13,000 --> 00:27:14,960
Speaker 3: So the first one was about there was like a

573
00:27:15,000 --> 00:27:18,920
Speaker 3: bolonnaise recipe that went up on TikTok, and I knew

574
00:27:18,920 --> 00:27:21,400
Speaker 3: that I was starting a fight when I said, when

575
00:27:21,440 --> 00:27:24,400
Speaker 3: does the LGI might get added to the bolonnaise recipe?

576
00:27:24,400 --> 00:27:26,800
Speaker 3: And all the Americans jumped down my throat and said

577
00:27:26,840 --> 00:27:30,000
Speaker 3: that's not traditional, that's not nice, as if deep dish

578
00:27:30,080 --> 00:27:34,680
Speaker 3: pizza is traditional. But then a video and Cheese on

579
00:27:34,720 --> 00:27:37,919
Speaker 3: the Money went up about resumes and cover letters and

580
00:27:37,960 --> 00:27:41,080
Speaker 3: how I approach resumes and cover letters and I sometimes

581
00:27:41,119 --> 00:27:43,680
Speaker 3: only read your cover letters because I think it's really

582
00:27:43,720 --> 00:27:46,119
Speaker 3: important to hire for cultural fit and I want to

583
00:27:46,119 --> 00:27:48,520
Speaker 3: know how passionate you are. And so many people in

584
00:27:48,520 --> 00:27:50,320
Speaker 3: that comment section will l like, well, I got my

585
00:27:50,440 --> 00:27:53,120
Speaker 3: job without a cover letter. I've never written a cover letter.

586
00:27:53,160 --> 00:27:54,760
Speaker 3: I've never done this, I've never done that.

587
00:27:55,359 --> 00:27:56,240
Speaker 1: I don't care.

588
00:27:56,320 --> 00:28:01,399
Speaker 3: Right you're telling ever, I'm giving you some examples of

589
00:28:01,440 --> 00:28:04,720
Speaker 3: how you could put your best foot forward. And do

590
00:28:04,760 --> 00:28:08,040
Speaker 3: you know what does that a really well written cover letter?

591
00:28:08,280 --> 00:28:08,399
Speaker 2: Right?

592
00:28:08,520 --> 00:28:10,520
Speaker 3: Because do you know what happens in jobs that are

593
00:28:10,560 --> 00:28:14,680
Speaker 3: actually wanted and really good jobs? There's a plethora of applicants.

594
00:28:14,840 --> 00:28:17,520
Speaker 3: How do you put yourself above and beyond them by

595
00:28:17,680 --> 00:28:21,760
Speaker 3: making a clear and concise cover letter that explains exactly

596
00:28:21,800 --> 00:28:24,600
Speaker 3: why you think that that is the job for you? Yep?

597
00:28:25,080 --> 00:28:27,720
Speaker 3: Like I know that some places go just flick through

598
00:28:27,760 --> 00:28:30,960
Speaker 3: your resume. Do you know what if you're finding a

599
00:28:31,000 --> 00:28:33,040
Speaker 3: new job, take the time to write a cover letter?

600
00:28:33,119 --> 00:28:33,199
Speaker 2: Ye?

601
00:28:33,440 --> 00:28:35,080
Speaker 1: Do you know how easy it is nowadays with.

602
00:28:35,080 --> 00:28:39,440
Speaker 3: Chat GPT tru like have chat gpt, write you a

603
00:28:39,520 --> 00:28:43,760
Speaker 3: template that you can edit, like do something, because at

604
00:28:43,800 --> 00:28:45,960
Speaker 3: the end of the day, I think it actually puts

605
00:28:45,960 --> 00:28:49,720
Speaker 3: you in far better standing to actually secure the job.

606
00:28:49,960 --> 00:28:52,000
Speaker 3: I don't care if you've got your job without a

607
00:28:52,000 --> 00:28:54,239
Speaker 3: cover letter or a resume before Sure, that's not what

608
00:28:54,280 --> 00:28:56,880
Speaker 3: we're talking about. Like this episode is about job hopping,

609
00:28:57,000 --> 00:29:00,320
Speaker 3: and if your job hopping to raise your income has

610
00:29:00,360 --> 00:29:02,880
Speaker 3: to be some level of work associated with that, beck

611
00:29:02,920 --> 00:29:04,760
Speaker 3: you want to earn ten more grand And if I

612
00:29:04,800 --> 00:29:06,880
Speaker 3: tell you that sitting down You're going to be a

613
00:29:06,920 --> 00:29:10,240
Speaker 3: far better opportunity to get that job if you sat down,

614
00:29:10,600 --> 00:29:12,720
Speaker 3: maybe spend a couple of hours on writing a really

615
00:29:12,960 --> 00:29:16,120
Speaker 3: really nice resume and cover letter. Is that worth your time?

616
00:29:16,400 --> 00:29:18,640
Speaker 3: I would say so exactly. Do you know what's not

617
00:29:18,720 --> 00:29:21,600
Speaker 3: worth your time? Not caring about the little things, because

618
00:29:21,600 --> 00:29:24,200
Speaker 3: the little things sometimes are the really big things.

619
00:29:24,600 --> 00:29:26,560
Speaker 1: Right. And I know that I'm not.

620
00:29:26,680 --> 00:29:30,360
Speaker 3: The representation of every standard employer in Australia, but I

621
00:29:30,400 --> 00:29:33,800
Speaker 3: can almost guarantee that every recruiter and every person who's

622
00:29:33,800 --> 00:29:37,440
Speaker 3: ever gotten a cover letter appreciates it totally. Why not

623
00:29:37,760 --> 00:29:40,520
Speaker 3: it's saying I've put more time and energy into this

624
00:29:40,640 --> 00:29:42,680
Speaker 3: application than any other applicant.

625
00:29:42,720 --> 00:29:44,960
Speaker 1: Yes, that's a very sexy thing to do. And who's

626
00:29:45,000 --> 00:29:47,480
Speaker 1: it hurt to just chuck a cover letter in the mix?

627
00:29:47,520 --> 00:29:48,080
Speaker 1: You know what I mean?

628
00:29:48,120 --> 00:29:50,080
Speaker 3: And they're not going to go Beck, you write a

629
00:29:50,120 --> 00:29:53,000
Speaker 3: cover letter and we did not ask for that. They're

630
00:29:53,000 --> 00:29:55,040
Speaker 3: going to read it and be like, Beck, sounds like

631
00:29:55,080 --> 00:29:57,200
Speaker 3: a mad dog. Well you would hope, so, thank you

632
00:29:57,280 --> 00:30:00,160
Speaker 3: so mud because I wrote it for you. But just basically.

633
00:30:00,440 --> 00:30:03,920
Speaker 1: Reference, I am very sorry to hear that you just

634
00:30:04,280 --> 00:30:10,480
Speaker 1: giving your experience online is very sad it's totally really fun.

635
00:30:10,640 --> 00:30:12,840
Speaker 1: Oh good, I'm glad to find it fun. But I

636
00:30:12,840 --> 00:30:14,560
Speaker 1: imagine that there are some ways to get this wrong

637
00:30:14,640 --> 00:30:16,320
Speaker 1: in some cont.

638
00:30:16,200 --> 00:30:19,240
Speaker 3: And we really should talk about it as well, because obviously,

639
00:30:19,600 --> 00:30:24,520
Speaker 3: job hopping could make you seem relatively instable, sure instable,

640
00:30:24,680 --> 00:30:28,400
Speaker 3: unstable gives you the perception of instability.

641
00:30:28,480 --> 00:30:31,440
Speaker 1: Let's say that that's good. That's good. Yeah, that makes

642
00:30:31,440 --> 00:30:32,320
Speaker 1: me sound real smart.

643
00:30:32,400 --> 00:30:35,920
Speaker 3: That's very cheat that So frequent job changes, they might

644
00:30:35,960 --> 00:30:38,680
Speaker 3: actually lead employers to think that you're less committed or

645
00:30:38,720 --> 00:30:40,960
Speaker 3: you're a bit unstable as an employee.

646
00:30:41,200 --> 00:30:41,920
Speaker 1: That's not good.

647
00:30:42,520 --> 00:30:46,960
Speaker 3: But with good articulation and understanding and thought behind job hopping,

648
00:30:47,000 --> 00:30:50,240
Speaker 3: I think that we can counter that. The next is

649
00:30:50,360 --> 00:30:55,040
Speaker 3: limited benefits. So some benefits like retirement savings I your

650
00:30:55,080 --> 00:30:59,000
Speaker 3: superinnuation or health care plans, they might take time to

651
00:30:59,040 --> 00:31:02,880
Speaker 3: accrue a new companies or new jobs, right, and that

652
00:31:03,000 --> 00:31:07,160
Speaker 3: might result in a temporary gap in coverage. So I

653
00:31:07,200 --> 00:31:10,440
Speaker 3: know that in Australia we're relatively lucky because we've got Medicare,

654
00:31:10,800 --> 00:31:13,560
Speaker 3: but I'm finding it more and more common recently a

655
00:31:13,560 --> 00:31:15,360
Speaker 3: few of my friends have recently got new jobs and

656
00:31:15,400 --> 00:31:16,880
Speaker 3: they're like, the private.

657
00:31:16,520 --> 00:31:17,560
Speaker 1: Healthcare is included.

658
00:31:17,960 --> 00:31:19,840
Speaker 3: Really, one of my other friends just got a new

659
00:31:19,920 --> 00:31:23,880
Speaker 3: job income protection included, okay, And I.

660
00:31:23,960 --> 00:31:25,240
Speaker 1: Was so skeptical back.

661
00:31:25,320 --> 00:31:28,960
Speaker 3: I was like, show me, like it must be dodgy.

662
00:31:28,880 --> 00:31:32,480
Speaker 1: Yeah, must be trash, must be no salary or something. No,

663
00:31:32,560 --> 00:31:35,880
Speaker 1: it's adjusting protection. It's a really really good plan.

664
00:31:35,920 --> 00:31:38,040
Speaker 3: And I say, hey, this is hot. Stay with this

665
00:31:38,080 --> 00:31:39,840
Speaker 3: employee for the next thirty years.

666
00:31:39,840 --> 00:31:41,240
Speaker 1: Okay, ten out of ten.

667
00:31:41,440 --> 00:31:45,480
Speaker 3: Yeah, so that could be really important to take into consideration. Sure, Also,

668
00:31:45,520 --> 00:31:47,360
Speaker 3: we should be talking about these things because if other

669
00:31:47,360 --> 00:31:49,480
Speaker 3: people are getting those benefits, maybe those are things that

670
00:31:49,480 --> 00:31:50,400
Speaker 3: we could negotiate.

671
00:31:50,600 --> 00:31:51,760
Speaker 1: That's a very good point.

672
00:31:52,000 --> 00:31:54,960
Speaker 3: The next is adjustment period. So each job change might

673
00:31:55,040 --> 00:31:58,360
Speaker 3: require an adjustment period, so that would impact on your

674
00:31:58,440 --> 00:32:02,400
Speaker 3: work life balance and your productivity. And I mean, I

675
00:32:02,400 --> 00:32:06,600
Speaker 3: don't know about you, this is really lame, but historically,

676
00:32:07,320 --> 00:32:11,520
Speaker 3: to me, nothing's more embarrassing than being the new.

677
00:32:11,440 --> 00:32:12,080
Speaker 1: Girl at work.

678
00:32:12,680 --> 00:32:16,600
Speaker 3: Oh, I hated it. I'd always be like I don't

679
00:32:16,680 --> 00:32:20,080
Speaker 3: know anybody. I need to sit at my desk twenty

680
00:32:20,120 --> 00:32:23,280
Speaker 3: four to seven, I've forgotten everybody else's names, or like

681
00:32:24,040 --> 00:32:26,600
Speaker 3: I'm not the most social person. I feel like you

682
00:32:26,760 --> 00:32:29,360
Speaker 3: just roll in and be like, what's up, it's Beck hahaha,

683
00:32:29,560 --> 00:32:30,760
Speaker 3: and I find fun.

684
00:32:31,120 --> 00:32:34,280
Speaker 1: Really I hate it. I can't stand it.

685
00:32:34,360 --> 00:32:37,160
Speaker 3: So we need to allocate for these adjustment periods where

686
00:32:37,200 --> 00:32:38,920
Speaker 3: you're going to be trained in the new role and

687
00:32:38,960 --> 00:32:41,240
Speaker 3: you have to learn about the company and their culture

688
00:32:41,280 --> 00:32:43,760
Speaker 3: and maybe their history. So I think that needs to

689
00:32:43,840 --> 00:32:47,000
Speaker 3: be taken into consideration. And then the last thing I've

690
00:32:47,000 --> 00:32:50,360
Speaker 3: got for you, Beck, is missed long term opportunities. So

691
00:32:50,400 --> 00:32:53,080
Speaker 3: if you're changing jobs all the time, you might actually

692
00:32:53,120 --> 00:32:56,320
Speaker 3: miss out on long term opportunities and potential rewards that

693
00:32:56,440 --> 00:32:59,160
Speaker 3: come from staying loyal to a single employer.

694
00:33:00,200 --> 00:33:00,720
Speaker 1: They could be.

695
00:33:00,800 --> 00:33:03,800
Speaker 3: Long service leaf true, it could be you know, if

696
00:33:03,800 --> 00:33:06,040
Speaker 3: you're with the company for a certain period of time,

697
00:33:06,080 --> 00:33:07,479
Speaker 3: there are benefits.

698
00:33:06,960 --> 00:33:08,880
Speaker 1: That they give to you. Get a gift voucher.

699
00:33:09,080 --> 00:33:11,720
Speaker 3: Yeah, I mean the fifty dollars gift voucher as a

700
00:33:11,720 --> 00:33:14,760
Speaker 3: bonus is not going to make me stay in the job, Thank.

701
00:33:14,560 --> 00:33:15,160
Speaker 1: You, Sharon.

702
00:33:17,200 --> 00:33:19,840
Speaker 3: But I think it's important to understand what that might

703
00:33:19,920 --> 00:33:21,840
Speaker 3: look like for your career because that's going to be

704
00:33:21,880 --> 00:33:24,960
Speaker 3: different for everybody. Right Like in your situation, Beck, you

705
00:33:25,000 --> 00:33:29,000
Speaker 3: work in media, and job hopping around in media can

706
00:33:29,080 --> 00:33:31,200
Speaker 3: be seen as one of two things. It could be

707
00:33:31,320 --> 00:33:34,280
Speaker 3: she's really in demand, or she's not as good as

708
00:33:34,320 --> 00:33:37,760
Speaker 3: you think she is, right, but in different areas that

709
00:33:37,840 --> 00:33:41,440
Speaker 3: might be seen differently, and obviously long term opportunities that

710
00:33:41,520 --> 00:33:44,880
Speaker 3: come with a long period of tenure, you know, think

711
00:33:44,960 --> 00:33:48,440
Speaker 3: about whether those things are really important to you, right.

712
00:33:48,880 --> 00:33:50,240
Speaker 3: I don't know what they are off the top of

713
00:33:50,240 --> 00:33:51,880
Speaker 3: my head, but it's a point that I've written down

714
00:33:51,880 --> 00:33:54,040
Speaker 3: that I think is really important to take into consideration.

715
00:33:54,120 --> 00:33:56,640
Speaker 1: Beck, that is very good point. Are we done? I

716
00:33:56,640 --> 00:33:58,520
Speaker 1: think I'm satisfied. Do you feel I'm.

717
00:33:58,360 --> 00:34:01,360
Speaker 3: Relatively satisfied and need to get back to my TikTok comments?

718
00:34:01,400 --> 00:34:01,680
Speaker 2: Though?

719
00:34:01,960 --> 00:34:03,560
Speaker 1: That is so Fie. I need to jump on LinkedIn

720
00:34:03,600 --> 00:34:06,320
Speaker 1: and have a little scroll. I feel like LinkedIn is

721
00:34:06,360 --> 00:34:08,600
Speaker 1: where all the hot people are. I'm sorry, that's where

722
00:34:08,600 --> 00:34:11,759
Speaker 1: they are. It's the true. I'm gonna go have a look,

723
00:34:11,800 --> 00:34:15,120
Speaker 1: all right, She's on LinkedIn. It makes sense. Max is nothing.

724
00:34:15,520 --> 00:34:17,640
Speaker 3: Have a really good week, guys, and we will see

725
00:34:17,640 --> 00:34:26,600
Speaker 3: you on Friday. By the advice shared on She's on

726
00:34:26,640 --> 00:34:29,320
Speaker 3: the Money is general in nature and does not consider

727
00:34:29,360 --> 00:34:33,279
Speaker 3: your individual circumstances. She's on the Money exists purely for

728
00:34:33,440 --> 00:34:36,279
Speaker 3: educational purposes and should not be relied upon to make

729
00:34:36,320 --> 00:34:39,600
Speaker 3: an investment or financial decision. If you do choose to

730
00:34:39,600 --> 00:34:42,880
Speaker 3: buy a financial product, read the PDS TMD and obtain

731
00:34:42,920 --> 00:34:47,359
Speaker 3: appropriate financial advice tailored towards your needs. Victoria Divine and

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Speaker 3: She's on the Money are authorized representatives of Money Sherpa

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