An employee and boss have a meeting together, sitting at a table and looking at the same laptop. Actor performance of story events.
One of the primary reasons that people want to do better in their careers is to earn more money, and opportunities for that are not always forthcoming in many companies. In fact, research by IE University suggests ‘dry promotions’— promotions that give somebody a different title but don't offer them any more compensation—are a relatively common phenomenon. Still, there are times when that little bit of extra status will be everything when it comes to getting paid better and having more career satisfaction in the long run.
An account manager had spent several years at their company and had developed a close relationship with one of their most important clients. Although they had been in line for a promotion, the client threatened to leave if their position with them was changed.
As a compromise, their boss told them that they could get a significant raise while maintaining the same job title. They weren't sure if they would be right to take the money over a promotion.
My company offered me a $22k raise to NOT get promoted. Would you take it?
A boss and an employee sit and compare notes together. Scene is illustrative and does not depict actual individuals or events.
It was hard to argue with that amount of money.
It wasn't like they had to worry about having added duties.
Their exact circumstances needed to be noted.
They could still make a change to the job title.
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