I joined this company in June'24. I got a decent hike this year(7% for half a year).He told me in the performance review that I am doing good and by the end of this year he will promote me. However my performance has sharply declined in Feb and in corporate, perceptions can change overnight. Should I believe him fully that he will promote me?

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I trust but verify so I definitely wouldn't belive him fully and especially if your performance has declined. I would work on getting your performance back up so that he has the justificaton to promote you when the time is right.

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