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What Is The Promotion Paradox? A Critical Issue For Today’s Managers

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29% of employees quit their jobs within a month after their first promotion. In the time after giving an employee a promotion, many managers probably feel really great. In a surprising 29% of these stories, though, that same promoted employee quits — quickly. That’s a high point as a supervisor.

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7 Tips On How to Get a Promotion From “Show Your Worth” Author and Former IBM Executive Shelmina Babai Abji

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This calls for two steps—inflation to decline, which could happen, or for salaries to increase, match or exceed it. Since that factor is out of our hands, we should focus on something within our control, like our personal career trajectories and the best timing and method to seek a raise or a promotion.

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Why Has The Gender Pay Gap Doubled In Two Years?

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Addressing the gender pay gap requires coordinated efforts from policymakers, employers, and individuals, including implementing pay audits, standardizing compensation practices, promoting family leave policies, and fostering mentorship and leadership opportunities for women. The gender pay gap just isn’t closing.

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How to Ask For A Raise: Essential Strategies And Tips

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It’s also about taking control of your career and getting the salary you deserve. When Industry Standards Rise: Keep up with salary trends for your position. Sites like Glassdoor, PayScale, and LinkedIn Salary Insights are helpful resources. Research salary ranges for your position and experience level in your industry.

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Is Mentorship The Key To Career Advancement For Women?

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When women mentor women, they create a shortcut to success in which they can help women develop leadership skills as well as the ability to advocate for themselves. . To counteract that, employing a mentorship program is crucial, especially for women, to push for equity in promotions and career advancement. .

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The Intimidation Factor: How Fear Influences Women’s Wage Negotiations

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Women can fight for themselves in the salary negotiation process by doing their research and being confident in their experience and abilities. As more states start to require salary ranges to be published, this will help even the playing field between women and men. A good HR team will fight for salary equality, and many do.

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A Wary Gen Z Doesn’t Want To Boss People Around

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A new term is bubbling up in corporate America called “conscious unbossing”—a Gen Z phrase that implies younger workers are reluctant to accept a promotion , primarily due to the expected high-stress levels of becoming a boss. First, ask yourself if the promotion aligns with your long-term goals,” Murray says.