@money_cruncher
The Money Cruncher, CPA
4 months
My 2022 W-2 total was ~$86,000 The 2023 W-2 total was ~$119,000 Job hopping works. Your employer is not your family.
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Replies

@money_cruncher
The Money Cruncher, CPA
4 months
P.S. if you want to improve your finances, you need The Crunch. It’s a free, weekly newsletter:
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@Investmentkage
InvestmentKage (インベストメント影)
4 months
@money_cruncher I’ve talked to a lot of people in HR. They say this normally works until you are in a leadership position. If you are leadership position for a year or two at a time, a lot of people will view that as a red flag.
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@TheTrueFIREGuy
FIRE Guy
4 months
@money_cruncher There is a balance. >3 years in one place tends to hurt your gains, but job hopping too much could hurt your ability to find future employers. If you're not being promoted soon, you should be searching.
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@SkyyTheeGuy
SkyTheGuy
4 months
@money_cruncher How was the shift in responsibility? Were you doing more skilled work in 2023?
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@itskenbook
Ken Book
4 months
@money_cruncher Works for junior roles as @Investmentkage said, but there's obviously an upper limit. Once you get to the upper limit of your job range it just looks strange
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@corpsole2
Matt Hines
4 months
@money_cruncher I’ve been with an employer who believes in rewarding employees. 120% in income in four years. 3x in bonus. And a 125% employer match on 401k.
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@QuanSai
greg
4 months
@money_cruncher just wait til you peak and you can’t hop to catch a W anymore
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@DrJ144
James M
4 months
@money_cruncher Nice, that’s a pretty steep increase in 1 year 💪
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@TortillaSports
Tortilla Sports
4 months
@money_cruncher Mine was $0.00
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@lowlevelbuzz
lowlevelbuzz
4 months
@money_cruncher Depends doesn’t it? I stayed at one firm for 11 years and my comp grew over 10X during the time I was there. Financial services with unlimited upside. But, no, they were not my family.
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@JonerLord
JonerLord
4 months
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@JonerLord
JonerLord
4 months
@money_cruncher I stayed at one job and just kept getting a better territory laying low doing good work. Time territory, talent.
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@Teddy_Grahams_
Teddy Ross
4 months
@money_cruncher I got a 30% raise just switching groups in the same company
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@hedgeguy2
Chris Hennessy@hedgeguy
4 months
@money_cruncher Parlay Talent...
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@PBach13
Philip
4 months
@money_cruncher In fact, I start to reconsider my employer when they use the world “family.”
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@AqueductInvest
Aqueduct CRE
4 months
@money_cruncher Companies are sports teams not families. High performers recruited for specific roles for specific periods of time, to be paid handsomely when performing and replaced when not. To work cooperatively with teammates while understanding the team changes from year to year.
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@Musing_Thinking
Just A Thought
4 months
@money_cruncher It's necessary these days
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@Sameyeam1000
Sameyeam
4 months
@money_cruncher You are way too focused on money son. You should be more focused on tithing. This ain’t your money son
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@DMD711
devin.de.dude
4 months
@money_cruncher That’s very large on a % basis my dude
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@wandoman84
therealmothman84
4 months
@money_cruncher love to hear it
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