Finding a new job may not lead to better pay

BAKERSFIELD, Calif. (KBAK/KBFX) — Many employees find that frequently switching jobs helps them find better opportunities and a higher salary, but a new report shows that may not be the case.

Experts say post-pandemic inflation and employer retention strategies have changed the way workers grow their income.

New data suggests that switching jobs does not offer the pay advantage that it used to, with salary increases dropping to a record low.

California Labor and Business Analyst Parag Amin joined ARC Bakersfield to share what these changes mean for workers.