The idea of ‘Job Hopping’ is a rather foreign concept for the predecessors of current business students and graduates in Australia. The idea of talented individuals not staying in a single role and switching between roles or careers is something that has only become prominent in the past few decades. However, despite the advent of job-hopping, having multiple roles in a career has become a valuable and a beneficial way to not only advance the career of an individual, but also develop skills in multiple faculties.
According to a study conducted by Berger, since the late 1990s, the number of companies that consists of graduates in America has nearly doubled in the first five years of post-graduation. This also means that the number of roles that people have post-graduation has substantially increased. With the average graduate moving between roughly four-five different companies in five years, this change can be regarded as a by-product of the intense and fast-paced modern business environment of technologically advanced societies. Australia is no different in being part of this developing trend.
In the past, there has been a stigma around having multiple roles or careers in a short period of time. While a person may not have the ability to fully develop skills in one particular area, the variety of experiences that one ascertains from having multiple roles and company experiences in their lifetime greatly affects the versatility of the individual. This ability to be able to respond to new roles and new environments means that those who are entering various industries following graduation are more susceptible to the fast-paced and technologically advanced business environment.
To have four to five different roles, potentially in a period of five years is largely unprecedented in the business landscape of Australia. This means that, business students must not only be proficient in one area but also in multiple facets in their chosen industry. To be resilient to the changing dynamic of the workplace, people must expand their own studies to be adept to the changing workplace and the advent of having multiple roles as a graduate.
However, it should be noted that the number of roles someone will have in their career is also dependent on the industry in which the individual is working in. While not every industry displays the same level of job-hopping patterns, having multiple roles in a career is certainly an increasing trend that is most likely going to see further development in the business landscape of Australia. Business students will need to be well-rounded, developed and astute in their studies and as Australia’s future business graduates be able to respond to the dynamic of modern day business environments.
Berger, Guy, 2016, ‘Will This Year’s College Grads Job-Hop More Than Previous Grads’, LinkedIn.