Getting your first promotion can be thrilling and exciting, which often leads people to have no second thoughts about accepting the new position at work, but it may not be as glorious as you’d think it is.
The harsh reality about job promotions is that people often discover that their new-found roles aren’t a good fit for them, demand intolerable behaviors, or require unsustainable actions — in short, it’s not always the ‘step up’ you need.
Before you sign any papers and accept a new position at work, here are the things you need to consider to ensure that it’s the right fit for you.
Relocation
If the promotion requires you to move or transfer homes, consider if the raise is big enough to get you a new house. You can sign up for a housing loan for this. However, some companies offer housing packages with the promotion or pay a percentage of the actual moving expenses, so don’t be afraid to ask to get the most out of your job promotion.
Incentive Compensations
Some companies offer bonuses to workers as compensation for specific incentives, like taking on extra tasks and pay raises based on good performances. Before accepting the job, discover if they’re offering monetary bonuses besides your increased salary for the anticipated additional work you’ll be handling.
Training and Mentoring
If the promotion you’re getting is relatively new territory to you and you may not have the expertise or polished skills for it, you’d, of course, want to have some form of training. However, some firms don’t provide this and instead expect you to hit the ground running and develop yourself further. If you’re not too keen on that and want proper guidance, make sure to ask about training and mentoring before accepting the promotion.
Negotiable Salary
Depending on the new job you’re getting and your employer, your new salary may or may not be set in stone, meaning if it’s negotiable or not. Remember that most employers aren’t going to tell you outright that salaries are negotiable because most would like to pay as little as possible. If they’re adding more workload to your tasks for the day, it’s best to know if it’s worth the extra trouble and come right and ask them about it.
Ask About Perks
Nowadays, it’s not always enough for organizations to give competitive salaries and benefits packages since more employees seek more perks to ensure their hard work gets appropriately recognized. So, before diving in, make sure you ask about what other perks you’ll be getting when you go on with the job promotion. These can range from flexible shifts to paid time off.
Vacation Time
Although when you get a promotion doesn’t seem the most appropriate time to ask about vacations, it’ll save you from a lot of headaches later on. Plus, it’s best to know if you’re going to be able to take vacations at all. Some organizations only let you go on unpaid leave while others offer paid holidays. If they don’t allow you to go on vacation, it’s time for you to reconsider if the higher salary is worth more than your physical and mental health.
Contrary to popular belief, getting a promotion at work isn’t always clear cut, and it may do more harm to your career—and well-being than good. From fair compensations, negotiable salaries to vacation times, these are just a few things you need to consider before taking the promotional leap, saving your career, health, and sanity.