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Friday, June 13, 2008

How to Ask for a Promotion

Asking for a promotion is very similar to asking for a raise. It requires a compelling, fact-based case on why you deserve more responsibility and compensation. What makes a promotion different from a raise is that involves not just compensation components, but also organizational changes, which can be the tip of the iceberg. However, the most common reason one doesn't get a promotion is that it isn't earned.

A promotion can be defined as an increase in responsibility with a corresponding change in title and compensation. In many cases, the promotion is the next step in the chosen career path, or it may be move into a more responsible position in a different career path. Executives & Professionals: Changing Jobs?

The word most inappropriately associated with promotion is "deserve." One often hears, "I deserve that promotion." Really? Doubtful. Companies, particularly public companies, exist for the improved wellbeing of the owners(shareholders). The only thing employees are entitled too is fair treatment as defined by law. Does that mean employers have the right to treat employees badly? Absolutely not. To attract and retain talent, employers must provide above the minimum. Try RingCentral Fax FREE for 30 days

Unfortunately, in modern American culture, there exists an entitlement mentality. While working hard and "paying your dues" are good things, they are expected! To earn a promotion, one has to demonstrate capacity above expectation. So what does that mean?

Performing above expectation is not only meeting all targets and goals in a timely manner, but showing the initiative to do more. It is also exceeding targets and goals and adding to company's value.

If one can seriously and honestly consider the points above, and still think you should get a promotion, then go for it! Put together a fact-based presentation, schedule a meeting, and put it on the table. Don't be surprised if the answer is "no" or "not now," as the organization might require change, and that isn't taken lightly (or shouldn't be!).

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