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Leave a company to get a promotion
Why is it that employees must leave a company to get a promotion?
Maggie BBusiness and Data Analysis Consultant
983
06/26/19 at 2:28PM UTC
*warms hands*
*cracks knuckles*
All right, ladies, let's talk about late stage capitalism.
Ever since the decline in pensions, this has been a thing. Companies will tell you that "this generation has no loyalty" but the fish rots from the head, as they say. Raises and promotions are not keeping up with the pace of inflation, housing costs, and rising health costs. Corporate greed is real, and the wage gap between lowest level employees and C-level executives and board members is increasing. In my experience, I've also noticed a lack of upward mobility within organizations. As a result, if an employee cannot move up in their career within an organization, we do the only thing we can: polish our LinkedIn profiles, build up that resume, and LEAVE.
In my last job change, my salary went up by 30%.
There are a ton of factors at play here, but ultimately, it's a personal decision. What is your current company doing to help you grow in your chosen career? Is your pay keeping up with the cost of your home and lifestyle? Are there other opportunities elsewhere that interest you? Is the direction of your company an its goals something you can comfortably support?
Annetta MosesConsumer Insights and Strategy Leader
1.31k
06/21/19 at 1:59AM UTC
I have been promoted at the company where I worked. I also went to another company to get a promotion. If you want to be promoted at your current company you need to understand the requirements for getting a promotion. Early in my career I received promotions based on passing tests and demonstrating skills. As I progress in my career to be promoted to director it didn't matter that I was qualified what matter was that there were only 7 director positions and 1 VP position. To be promoted I need a director to leave. My peers and I would say we were waiting for a red (resign, retire, or die).
klanghusUnbelievable, super cool, outrageous and amazing
25
06/21/19 at 1:55PM UTC
Thanks for the reply, and I understand that there are requirements one must meet to get a promotion, and most importantly an opportunity. What I should have said is was - why is it that organizations underestimate the value of their current employees? even though it is cheaper to keep an employee, organizations fail their current employees by not providing them the recognition both financial and professional (promotion). I have seen this in many organizations. I am trying to understand the reason as to WHY organization (leadership and management) tend to have a wait and see approach to promoting/recognizing employees. It's like they don't want to upset others in the organization with a promotion, but when people leave because they are not happy or not being recognized, then the bring someone else in that will be doing the same work , but they will be paid much more and have a higher position in the company. I have seen this many a times. Just trying to understand (leadership and management) the laziness or the inability to stand up to decision or take responsibility as to why this person should or shouldn't be promoted.
Annetta MosesConsumer Insights and Strategy Leader
1.31k
06/22/19 at 3:13AM UTC
Thanks for clarifying your question. Potentially, existing employees have an opportunity to better promote their skills, their contributions to the companies skills, and to continuously develop new skills. I had a mentor who told be to "toot my horn". If I completed a project or made a big sale, it was my responsibility to make sure my leadership knew about my success. The other reason why companies recruit external talent is because they think their current employees lack up to date skills. I have seen people hired to update statistics departments because the current employees used Excel Statistics (old technology) and the external employees used R and Python (new technology). All of the existing employees could have learned the new technology but none of them did. One way to make sure your skills are current is to look a job descriptions outside of your company for your level and the next one two two levels higher. As soon as you don't have all of the skills people are looking for, your skills are obsolete.
klanghusUnbelievable, super cool, outrageous and amazing
25
06/25/19 at 3:13PM UTC
THANK YOU! great perspective!
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