Why you might want to pass on that promotion (yes, you read that right)
Credit: Getty Images

Why you might want to pass on that promotion (yes, you read that right)

Being offered a promotion is a tremendous feeling—it signals that your hard work on the job has been recognized. You have made an impact at your company, earned increased responsibilities and a (hopefully) significant pay raise.

But before you make the instinctual decision to accept your new role, pause to think about whether the promotion is the right move for you right now.

“The path of career advancement is not universally linear, nor is it suited to everyone’s aspirations and circumstances,” writes contributor Benjamin Laker in his recent story for Forbes. So while you might think that rejecting a promotion shows a lack of ambition, in reality it could be the right decision for a person’s mental health or overall career path.?

Here are some of the variables that Laker suggests people consider before accepting that big promotion:

  1. Know the full scope: When offered a promotion, ask lots of questions. Figure out how your responsibilities will change, who you will be working with (or even managing), and what skills you will need to perform well. These factors should all align with where you want your career to go. If the new position requires you to learn more about SEO but you have zero interest in acquiring those skills, it’s probably not the right job for you.
  2. Don’t forget work-life balance: Think about where you’re at in life. If added responsibilities, extra workload and possible travel don’t align with your personal and family life, consider declining the position. Your life outside of work is important, and if throwing off your work-life balance could have substantial negative impacts on your well-being, the pay bump might not be worth it.
  3. Your current role still challenges you: If you are coming to work every day and still learning and growing within your current role, there should be no rush to make a change. Sometimes, sticking within a role to gain more experience and build skills you’re already working on is the better move in the long-term, as you grow more confident in yourself as a professional. Diving into a brand new job could overwhelm and hurt that confidence, and ultimately set you back.

Read the full story: 6 reasons to turn down a promotion at work


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Work policy: Bernie Sanders pushes for 32-hour workweek

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The push for a four-day workweek in the U.S. got a boost of support recently, as Sen. Bernie Sanders (I-Vt.) introduced the Senate companion bill to Rep. Mark Takano’s (D-Calif.) Thirty-Two Hour Workweek Act, which would reduce the standard workweek in the Labor Standards Act from 40 hours and lower the maximum hours threshold for overtime pay.

“We were talking about a 40-hour workweek 80 years ago, and that’s what people today, despite the explosion of technology, are working,” Sanders said. “The sad reality is that Americans now work more hours than the people of any other wealthy nation.”

Read the full story from senior contributor Jack Kelly: Bernie Sanders pushes forward Rep. Mark Takano’s 32-hour workweek bill


Practical advice: How businesses could prepare for a possible TikTok ban in the U.S.

Credit: Getty Images

With the House of Representatives recently passing a bill that would require TikTok parent company ByteDance to sell the social platform or face a ban in the U.S., companies that use TikTok as part of their marketing strategy are likely already considering what to do if a ban were to occur, writes senior contributor Edward Segal.

“The simple answer is to adapt,” says Paige Borgman, head of digital strategy at Reputation Partners. “While a national ban on TikTok would surely be impactful for brands and businesses who are successfully leveraging the platform, it would ultimately be just another change in the always evolving digital landscape.”

And while the ban is in no way guaranteed—it still faces a possible vote in the Senate—marketing teams should consider strategies on alternate platforms and use this legislation as a wake up call to make changes to their processes.

Read the full story: How businesses could prepare now in case TikTok is banned in the U.S.


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Thank you for reading! We'll be back next week with another edition of Forbes Edge. If you missed Tuesday’s newsletter, check it out here for financial mistakes to avoid in your 20s and 30s.

This edition of Forbes Edge was written and curated by associate editor Chris Dobstaff.

Oleksandr Nehodiuk

Economic??: Marketing, Finance, Banking.

7 个月

L?ke??

回复
Mark Rapier CMAS, ALC

Trusted Guide | Author | Lifelong Learner | Corporate Diplomat | Certified M&A Specialist | Certified Life Coach

8 个月

Perhaps the most important reason to pass on a promotion is when the new job takes you away from your long-term career goals.

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Beatrice Lewis

Caregiver at CALIFORNIA IN-HOME SUPPORTIVE SERVICES CONSUMER ALLIANCE

8 个月

Thanks for sharing. That is very thoughtful of you. Much appreciated.

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Daniel Golverk

Senior Manager | Entrepreneur | Investor | Coach | Writer

8 个月

Completely agree with this, well written Forbes. I also explored a similar concept of passing on a promotion but from the perspective of leadership, here is a link for those who are interested.

Sunil S

Content Creator | Speaker | Mastermind - Startup India SEC | Project Director - ARAM | Secretary - IEEE RS SEC | Student Coordinator - NSS | Team Leader - Viral Fission | Intern at Dhobi G

8 个月

Very useful content

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