4. Discussion
Analyzing the individual consequences of VJC in Germany over the past three decades we find a decrease in income gains and no change regarding an increase in job satisfaction. With hypothesis 1 we expected a decrease in income gains for VJC over time, which is supported by the results of our analysis. However the income gains of stayers have decreased in a similar way. Thus, the financial surplus of changers compared to stayers remains stable on the average and it still pays off to change employers, albeit in relative terms only.