{"id":7524,"date":"2026-05-30T08:49:48","date_gmt":"2026-05-30T08:49:48","guid":{"rendered":"https:\/\/stock999.top\/?p=7524"},"modified":"2026-05-30T08:49:48","modified_gmt":"2026-05-30T08:49:48","slug":"top-earners-who-stay-in-their-jobs-get-much-larger-pay-increases-than-those-who-switch","status":"publish","type":"post","link":"https:\/\/stock999.top\/?p=7524","title":{"rendered":"Top earners who stay in their jobs get much larger pay increases than those who switch"},"content":{"rendered":"

<\/p>\n

To stay or to go? That\u2019s the perennial question for workers trying to maximize their pay in a \u201cpeanut-butter\u201d raise economy. But in the era of job-hopping and freelancing, freedom can come with a cost.\u00a0<\/p>\n

For higher earners, loyalty is rewarded. The top 5% of earners who stayed with their employers received year-over-year pay hikes approaching double digits, while peers who switched jobs only saw a low-single-digit bump, according to a Bank of America study using internal deposit data.<\/p>\n

All other workers\u2014including lower-, middle-, and higher-earners excluding the top 5%\u2014all got a higher\u00a0after-tax wage increase if they switched.<\/p>\n

Bank of America Institute<\/p>\n

That\u2019s if you get a raise at all. Bank of America\u2019s data suggests about half of those who stayed in their job and 44% of those who switched jobs saw no pay increase, or in some cases saw a decrease in Q1 2026.\u00a0<\/p>\n

\u201cIn our view, it\u2019s possible some of this may also be a function of the broader labor market slowdown for higher-paying industries,\u201d Bank of America said. \u201cThose who lost their jobs may have to settle for less in a tighter job market, while those who remained are now seeing larger pay rises. It could also be that in a \u2018low-hire, low-fire\u2019 environment, companies feel they have less reason to pay a premium to job switchers.\u201d\u00a0<\/p>\n

The wage growth gap between job stayers and hoppers is the smallest in the past seven years, according to BofA.<\/p>\n

Separate data from ADP tells a similar story. In January, the average pay growth difference between switchers and stayers was just 1.9%. The biggest gains for job-hoppers were seen in industries with high labor competition, such as construction, natural resources, and mining. Wages in these sectors grew 6.6% for job-hoppers, compared to 5.6% for job stayers.\u00a0<\/p>\n

Generational divide<\/p>\n

Job-hopping has slowed since the Great Resignation, but there is still a generational divide.\u00a0<\/p>\n

Gen Z switched companies more than twice as much as Gen X during Q1, and it\u2019s paying off, according to BofA. Gen Z job-hoppers\u2019 earnings growth rate was four times that of stayers, and millennials\u2019 wage growth was double compared to stayers. Lower-wage workers still see the biggest gains with switching jobs, even though pay increases for Gen Z hoppers have declined by 20% since Q1 2022.\u00a0<\/p>\n

Bank of America Institute<\/p>\n

The story for Gen X and Baby Boomer job-switchers is the opposite. Year over year, older job-hoppers\u2019 wage growth stayed flat or even declined, while stayers\u2019 earnings increased.\u00a0\u00a0<\/p>\n

\u201cIn our view, some people in this generation may be taking similar or lower earnings as some are choosing to work less hours, perhaps as they approach retirement. It could also be that some have taken lower pay after being laid off or fired,\u201d BofA explained.\u00a0<\/p>\n

#Top #earners #stay #jobs #larger #pay #increases #switch<\/p>\n","protected":false},"excerpt":{"rendered":"

To stay or to go? That\u2019s the perennial question for workers trying to maximize their…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[245],"tags":[2690,7465,962,169,2591,310,10559,1426,1161,1796,2052,187,1460],"_links":{"self":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/7524"}],"collection":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7524"}],"version-history":[{"count":0,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/7524\/revisions"}],"wp:attachment":[{"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7524"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7524"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7524"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}