Most workers dream about moving up the ladder, getting a more impressive title, and landing a raise. Those offered higher positions usually think they’re ready for the new role and accept the challenge. At first, they revel in the expanded responsibilities, but the euphoria is often short-lived.
According to a study by payroll service provider ADP, 29 percent of employees quit their jobs within a month after their first promotion. This is a troubling statistic, considering most employers expect to improve their staff’s work experience and strengthen retention by offering higher positions. ADP analysts pinpointed two factors that lead to promotion attrition.
Business leaders can combat these scenarios by building a vibrant company culture. Employees are less likely to job shop if they work in a stimulating and supportive work environment. And companies with a supportive culture that includes mentoring and educational opportunities have a higher retention rate.
Journalist Dominic Catacora offers another factor in an article for AllWork. He suggests many promoted employees leave because they don’t find their new positions meaningful.
“Studies reveal that the art of creating meaningful promotions requires more of an individualistic approach — one that aligns the employee’s personal aspirations with the overall business culture that surrounds them.”
In an article for Forbes, leadership expert Rachel Wells suggests additional reasons newly promoted employees may become disillusioned.
Leaders can take steps to prevent the circumstances that cause burnout among people moving into higher positions. The most effective way they can help rising staff members is to build a culture that strengthens them from the time they assume their new roles.
Dominic Catacora outlines strategies to create more successful promotions:
“To be clear, this doesn’t mean piling on to what they were already doing, it may mean reevaluating responsibilities among others on the team to open up room on the promoted employee’s plate for new tasks. By establishing a culture that feeds meaningful work, leaders can help mitigate higher attention rates and promote a true sense of belonging.”
Great Place to Work executives Jessica Rohman, Chinwe Onyeagoro, and Michael C. Bush offer additional insight into the promotion process in an article for Harvard Business Review.
“Leaders can improve the effectiveness of their promotions process by re-focusing their energy on the people the process is meant to support, at every stage of the process.”
The authors recommend how to ensure that promotions are a win-win step for employees and the organization. In addition to being fair and transparent, they stress the need to work with people before they promote them to clarify their aspirations.
Leaders should learn their team members’ long-term career goals to determine the roles they want that would contribute to the company and how they can help prepare them. Doing so, they will show employees that they care about their futures and will help them succeed.
The HBR team reflects:
“Promotions are highly personal. At their core, they are both relationship-driven and among the most important indicators of how well leaders’ actions align to the company’s stated values. A solid promotions process allows leaders to elevate each employee to their full potential.”
Leaders will strengthen their teams by connecting with employees before and after they are promoted and equipping them with the resources to help them thrive in their new roles.