JOB HOPS - IMPACT ON YOUR CAREER

The topic I have chosen for this evening is Job STABILITY… that is our tenure in an organization and the reasons we keep hopping from one job to another in search of betterment in career and emoluments.
From the employer perspective it is called Attrition. To define Attrition,
Attrition: "A reduction in the number of employees through retirement, resignation or death"Attrition rate: "the rate of shrinkage in size or number"
Attrition due to resignations is the biggest challenge faced by the IT, ITES and the BPO sector – and any other manpower oriented industry today.
It is the nightmare of every HR department, and one which they have to face day after day is the fact that how many resignations are we going to face at the end of each month.
The reasons for these resignations in the IT/ITES business are the gap between the employable individuals and the unemployed individuals…
This has led to an imbalance between the demand and supply of human resources needed for this sector…
Reasons for resignation can be grouped under the following heads:
1. Better salary package
2. Better work environment
3. Relocation issues
4. Others
Now how does this affect the work force… we may all think, this is after all an employer issue and why should we think at all about attrition…
For those of you who are in the HR functions, it is a never-ending vicious cycle of having to continuously recruit, select, train, and by the time the employee settles down… a resignation!!! Organizations are taking up many initiatives to ensure that employees have a sense of belonging and are motivated to continue in the same organization.
For most of the IT/ITES professionals… u may feel that hopping from one job to another is your prerogative and you need not worry about the repercussions as it is going to involve a better and more lucrative salary package for you.
This perception about job hops is very much wrong and becomes suicidal in the case of many a qualified professional.
Why?
Most of the top tier and Fortune 500 companies look for job stability and integrity as the crucial factor for employability in their organizations…
As we are in the first few rungs of our career ladder, we do not realize the importance of job stability in our profile. When we have completed five or six years working in four to five or sometimes six companies, that is the time we want to settle down in life. So we look for a good organization which will give us stable growth and a career… but does that organization want us?

No… they are looking for candidates who have been stable in an organization for a period of more than two years and have contributed in quantitative terms in the growth of the organization.
When u r ready to settle down, companies are not willing to accept you!!! Do u want to be in such a situation?
Remember a job becomes a career as you gain confidence and expertise in the same and ultimately it becomes your profession when you become an expert in the field that you are in.
In the current scenario, freshers want to settle down fast into any job and do not sit back to think if that is want they want to do for the rest of their lives… so they accept any job that pays!!! After a few months, they are aware of the market and its potential, and decide the path they have chosen is not to be their career… in this process of picking, choosing, experimenting and deciding, we jump from one job to another… and ultimately end up having an erratic career graph.
The net result of all this is that we do not have the confidence to have a career and are ultimately not equipped to become a professional in any chosen field.