Have you ever been told that you're getting a promotion, only to realize that it doesn't come with a pay increase? It's a situation that many professionals have encountered, and it raises an important question: Is it still a promotion if there's no raise attached? Let's dive into this common workplace dilemma.
Reddit, Inc.'s Head of Community Experience, Colleen Curtis, had a firsthand experience with this issue earlier in her career. She was excited to hear that she was getting a promotion, but that excitement quickly waned when she realized that the new title didn't come with a pay bump. Curtis's boss had tried to soften the blow with phrases like:
- "We'll catch you up at the next fundraise."
- "We love your work."
- "We see how much value you're bringing."
Despite these reassuring words, Curtis knew that her career and financial future were too important to leave to vague promises. Eventually, she made the difficult decision to leave the company in pursuit of better opportunities.
So, what can we learn from Curtis's experience? Here's some valuable advice for anyone who finds themselves in a similar situation:
- Negotiate with Confidence
- Consider the Long Term
- Know Your Value
- Seek Clarity
- Explore Alternatives
Remember that your career and financial future are significant aspects of your life, and you should feel empowered to take control of your compensation path. Don't be afraid to seek opportunities that align with your goals and values, even if it means exploring other options beyond your current role.
Source: LinkedIn
Photo: Getty Images