Best Practices for Managing Job Changes in HubSpot Contacts

How do you manage contacts who change jobs in HubSpot? Trying to find the cleanest setup when a contact moves companies. I’ve tested:

Single contact: update details, change primary company, add Former Company association
Two contacts: mark original as “left company” + opt out of comms, create new contact, link the two for history

Each has tradeoffs - especially when building workflows around job change signals. Curious what’s worked best for you in practice?