So I’m up for manager. My coach, reviewers, and leaders I’ve worked with have all supported my promotion, but my coach told me she has no idea what promotions will look like/who will be promoted due to market downturn, etc. I’m sure I’m not alone in this (she is up for SM), but I’m torn. If I get promoted and get a measly raise, then I’m playing catch up until I leave the firm. If I don’t get promoted, then I spend another year doing M work with SC title. Anyone in similar position? Thoughts?

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Everyone is in a similar position. You're not alone.

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Same here. If I don’t get promoted, I’m leaving. It’s the company’s way of making more money. I’m billed at the next level already on a fixed price contract.

Convince me to stay

likesmartfunny

Got promoted to M this year with a measly raise.

While it sucks, it’s a blip in your career whether you get promoted this year with little salary bump or not. You can always hop firms or stick it out.

I’d think what your next 5 years look like and what you want to do. Avoid making any short term decisions thru a fogged lens.

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The manager title will help you get a manager level role when you jump to another ship. It is a lot harder to jump from an sr associate to a manager role when switching roles.

If you can, get promoted and look for a role at another company with the appropriate pay mid/ late next year

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Just my .02 cents: this is always the case - razor thin separation between candidates, fighting for ever dollar etc. I’m just not convinced COVID has made things that much harder. This is the promo cycle life. The company could be killing it during your next promo cycle and it will still feel like this.

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