Would you guys do a lateral move within your company to gain experience in another area? I work for a large manufacturer with various business units and while it is recommended, I feel like it could delay a promotional opportunity.

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I think this is important. Even if it causes short term delay, it accelerates growth in long run.

I'm considering the same thing right now. A few factors for me: Which has the higher ceiling, which has the better mentor/manager, and which has the better work/life balance?

I think it's about understanding the ultimate goal. Sometimes moving vertical doesn't grow you as a professional. It just has the possibility to grow your pockets. I was in a situation where I really wanted this promotion. So I applied and got it, but it turned out bad for me. So I stepped back into my previous role after 2.5 years. I redirected my career path, learned some new skills, and received multiple promotions afterward. In hindsight I probably just moved too fast. Another lady I knew took a 40% pay cut to gain experience in areas she needed growth in. Fast forward two years later and she landed a job that got her a 60% pay raise. She credits it to the skills and experience she got when she took that pay cut.

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