There is perhaps no greater feeling than being offered a promotion. It’s the supreme recognition for doing your job well. It’s also an opportunity to prove yourself in a new challenge. You might even feel like it’s an honor. However, the prudent thing to do is, weigh heavily the things that may or may not turn this golden opportunity into a dud.
Direct to the bottom line. Consider the pay you’ll receive for taking this step. If this is your first promotion, then you’re likely making a step into “middle management,” which is one-step above the “front line” workers. Instead of being an hourly worker, you now have more of a “fixed” income, also known as a salary. This can be comforting or a curse. Now that you’re no longer able to benefit from overtime, you might become the default option for filling in when someone calls in sick.
When you work on salary, you no longer reap the rewards of “time and a half.” You could end up working on your days off for no extra money. Essentially, you’re back at the job you just moved up from, plus you have your new responsibilities to live up to as well. Some managers have to work a double shift just to stay caught up on their own mess. So be aware of the demands on your time, and how you will no longer be compensated for putting in that time. “Now you see your recognition for excellence run short. The boss is slow to recognize or acknowledge your accomplishments, but is quick to nail you on mistakes.”
“Now you see your recognition for excellence run short. The boss is slow to recognize or acknowledge your accomplishments, but is quick to nail you on mistakes.”