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by jandrewrogers
14 days ago
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Stalling out on promotion has always happened. It can be explained almost entirely by two factors: As you become more senior, the success metrics for your role change significantly. Mentoring only goes so far because there is a large element of self-awareness and a willingness to change. Some people never recognize this and many never successfully adapt to what seniority entails. It is the career equivalent of trying to raise a Series B with a Series Seed pitch deck. There are a much smaller number of senior roles than people who can be promoted into them. Above a certain level promotions are highly competitive. You are being stack-ranked against everyone else that can do the same job and tenure is only an input into that calculus to the extent it gives you unique domain expertise. A successful strategy for avoiding hyper-competitive promotions is to create a new promotion-like role that doesn't really exist. However, this requires a level of initiative and agency that most employees never exhibit, and these opportunities only exist at specific moments in time. Raises, on the other hand, are largely impacted by complex financial and economic considerations. Many companies could do much better at this but even then I think employees significantly underestimate the network of opportunity costs that must be considered. |
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