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Your 60-second money minute. Today’s topic: Job Hoppers Get Smaller Bumps
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Your Money Minute — Job Hoppers Get Smaller Bumps 3/31/26. Machine-transcribed; use the interactive transcript above to jump the player to any line.
with a CNBC, your money minute. I'm Jessica Edinger. It used to be that if you wanted a big bump up in salary, you'd have to go get a new job. And plenty of people were doing that, but these days, it's not working so well. Looking at pay premiums that are so low that the returns to drop switching is the lowest on record. That's ADP economist Nila Richardson on CNBC. And CNBC's Becky Quick has the raise tracker numbers. You can still make more money if you change jobs, but the differential is not as much as it has been historically. Job stares, 4.5% job changers, 6.3%. ADP is a payroll firm. It analyzes data from thousands of companies paying their workers using its systems. Here's Nila again. There's not a lot of turnover in this market. It's very inert. For many, gone are the days of massive job change salary increases. For now, lots more on employment making money at CNBC.com. I'm Jessica Edinger, CNBC.
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