Job Switchers Realize Higher Wage Increases

According to fresh new research by Zippia, job changers on average realize a salary increase of 14.8% while the average wage growth is 5.8%. Additionally wage growth is 47% higher for those switching jobs vs those remaining in their current jobs.

Industries with the highest average salary increase when switching jobs are: Mining & Resources 11.8%; Information Technology 9.7% and Professional Services 9.6%

By office demographics, job switchers in the 25-34 y/o range realized an average increase of 9.8%; those between 35-54 realized an increase of 7.5% and those in the 55+ category realized an average increase of 4.1%.

While the exact numbers vary within industries, types of jobs and metro areas, as a general rule, leaving your job for a new one should ideally mean you make more money.

If you’re ready to take the plunge, calling a recruiter is a great first step. Give me a shout or drop me a note and we can discuss a personal strategy for you!