I have to thank Lisa Takeuchi Cullen for writing in her blog Work In Progress about a study done by American Sociological Association in its journal, the American Sociological Review.
Here is a link to the brief they have on their website.
Some of the findings I thought were important are:
- The value of job mobility adds up faster in the early stages of a worker’s career. Women tend to move less than men, but still pretty close.
- Mobility early in careers is considered a wage asset as long as it isn’t based on layoffs, discharges, or leaves. A positive wage compared with job stability can result based on these moves.
- A plateau effect can take place eventually because the lack of a five year tenure at any job.
- Each year of tenure is related to approximately 2.4% wage increase for men and 2.9% increase for women. These increases compound each other for up to five years.
- After five years wage growth starts to either plateau or erode.
Other facts I thought were important:
- Men are laid off more frequently than women.
- Married men experienced greater wage outcomes when switching jobs than single men and those without children.