Promotions used to be the dream. The corner office, the fancy title and the big paycheck were all part of what was once considered the ideal career path. But nowadays, things are changing. A surprising number of people say, “No, thanks,” to promotions their managers think are the ultimate reward.
In fact, a recent Randstad survey showed that 42% of American workers aren’t interested in moving up the ladder. There are a few main causes and they have nothing to do with employees’ lack of drive or laziness.
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First off, burnout is a big problem at work. Gallup reported that 76% of employees feel burned out sometimes and about 28% say they are often or always burned out. When you’re already overwhelmed, the last thing you want is more responsibilities piled on top of that. Promotions often come with more work and pressure, which can be the tipping point for someone struggling to keep their head above water.
When feeling stressed, workers don’t necessarily want to “power through” anymore. Many of them have started to realize that taking on more might not be the answer and that protecting their mental health is more important than an upgraded job title.
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Another reason people are declining promotions is the desire to maintain a work-life balance. As a result of the pandemic, many have developed a new respect for hobbies, family time and the freedom to work from home. Taking a management position often means losing that balance – more hours in the office, more meetings and less flexibility.
Sometimes, a promotion isn’t a promotion. A 2018 survey showed that 39% of employers frequently offer promotions without any pay increase. And even though some employees, especially younger ones, may take the title for the resume boost, it doesn’t always make them happy about the extra workload. Promotions should have a fair trade-off – more money, support and benefits. When they don’t, it’s easy to see why employees feel undervalued and would rather stay where they are.
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As Business Insider reports, climbing the corporate ladder isn’t the goal it used to be. People today are questioning if getting the corner office is worth the trade-offs – and many are deciding it’s not. The idea that every worker should want to rise through the ranks is outdated. For many people, career progression isn’t about fancy titles; it’s about having a job they enjoy, where they feel valued and that allows them the balance they need for a fulfilling life.
