Job hopping was once all the rage, but the days of big salary increases from switching careers might be over

Just a few years ago, Gen Zers were scoring $50,000 payday boosts by jumping from job to job. Today, they’re holding onto their positions for dear life.

This month, the global organizational consultancy firm Korn Ferry declared that we’ve entered a nationwide era of “job hugging,” a term to describe the trend of workers increasingly holding onto their positions for dear life amid economic uncertainty, layoffs, and AI disruption.