Young professionals often change companies frequently as they strive to advance their careers. This can have both positive and negative effects. On the one hand, changing jobs can provide valuable experience in different environments and a broader view of the industry, leading to professional growth and maturity. On the other hand, frequent job changes may lead to the perception that they are unstable and unreliable. Some may even consider shifting to a different industry and starting over again, taking the risk in hopes of landing a higher-paying job.
Older professionals, however, are less likely to take such risks as they are more concerned with economic stability and may fear failure. But while they may be experts in their field, they may not be up-to-date with the latest technology and advancements and could be left behind in the industry. To remain relevant, they need to continuously upskill and stay informed of industry trends.
For those over 40 years old who wish to keep their current position till they retire, it is important to stay competitive as young professionals with technical skills may challenge them. The key is to be confident, competent, and adaptable to new technology. For information on upskilling and eligibility for incentives, please visit: https://www.dewr.gov.au/skills-and-training-incentive