B2 – Upper Intermediate
Job-hopping has become a thing nowadays as more people seek greener pastures. It may seem advantageous in terms of your long-term savings. However, it could potentially hurt your retirement savings in the long run.
Read the article to learn about some things to factor in when job-hopping.
https://lifehacker.com/how-job-hopping-impacts-your-retirement-savings-1850274503
Vocabulary Questions:
- What is a “vesting schedule“, “In most cases, increasing your overall income will do more for you in the long-term than any one company’s vesting schedule.“? Use this phrase in your own sentence.
- What does the expression “to leave money on the table” mean, “With incentives like a dedicated vesting schedule or matching 401(k) contributions, workers who stick with one company get rewarded for their loyalty—while job-hoppers feel like they’re leaving free money on the table.“? Make a sentence with this idiom.
- What does “stick with” mean, “Workers who stick with one company get rewarded for their loyalty.“? Use this phrase in a sentence.
Discussion Questions:
- How does job-hopping impact retirement savings?
- Is job hopping a viable option for those who prioritize their retirement savings? Why or why not?
- Have you ever considered job hopping in order to increase your income or advance your career?
- How important is retirement planning to you, and what steps are you taking to ensure your future financial security?
- Do you believe that job hopping can have a positive impact on your career trajectory, or do you think it is better to stay with one employer for a longer period of time?