Laley23;1746741 wrote:
And I would be considered accomplished in my field before the age of 30 lol. Definitely a different time. Even if the amount of jobs are the same, it doesn't seem that the same stability and way of life is possible.
I have a friend who has done fairly well in Pharma....was with the same company for about 10 years, until cutbacks put him back in the job market. He's now heading to his 3rd company in 5 years. By every definition a successful guy, and likely will be with at least 5 more companies before he retires.
If the average successful person works 35 years (which might be being generous, including a couple years off for grad school) before retiring, I'm guessing they might be lucky to have a few jobs lasting 5-10 years, and probably at least 6 other jobs over the remaining 20 years or so. And those two longer positions probably coming late in your career where you've advanced to senior management and stick around longer because of stock options and limited better opportunities in your area.
If you're not in a major city with a lot of opportunities, then you're going to need to be willing to relocate often. I'm not sure that's worth the personal (life) sacrifice, but it's better than being out of work later in life with family and no good local alternatives while being unattractive even to relocate because you allowed your career/skills to stagnate.
My advice these days would be get good experience/progression in 2-3 jobs after college, maybe get an MBA, and two more solid experiences....at that point, you should be upper/mid-management in your mid-30's and then looking for the right role to settle into where, depending on company size, you'll be a VP/officer in 5 years or so.
^^^^not the most appealing path, and certainly not for everyone....those people have earned their money with tough choices and personal sacrifice (not talking the 1% here, but the people right below in top 2-5%). But the more we tax and redistribute, the more those sacrifices just aren't worth it.