Higher pay and better employment prospects may be of utmost importance for a person switching companies, but job-hopping can severely hamper career growth as well as wealth creation in long-term, says a new survey.

The experts believe that sticking to the same company for more time, rather than aimlessly hopping jobs, can provide better learning and career momentum to young professionals.

The findings of the latest study by research and analytic firm Evalueserve reveal that the multiple career steps within the same company accelerate a professional's growth more than many horizontal moves across companies.