When To Turn Down a Promotion

(MoneyHippo.com) – While many people strive for promotions at work to make their way up the corporate ladder, sometimes taking the next step doesn’t make sense for an employee. If a company offers a worker a promotion, some don’t realize you aren’t mandated to accept the proposal. In fact, it’s a good idea to listen, take in all the facts, and see if moving up in the business fits your overall goals.

Here are some times when you might want to say, “No, thanks.”

Career Goals: One of the biggest reasons to turn down a promotion is that it doesn’t align with where you want to go in your career. For instance, your employer might offer a management position, but maybe being in charge of others doesn’t appeal to you. Figure out your career goals and only accept positions that take you one step closer to where you want to be.

Relocation: A new position may require relocation to a different town, state, or country. If you have no interest in moving, a promotion with a relocation attachment probably isn’t for you.

High Turnover: If your boss offers you another spot in the company with additional money and benefits, but the position experiences a lot of turnover, that might be a reason to turn it down. While it could be a training or staging position to groom candidates into upper management positions, there might also be clear reasons why no one wants to remain in the position. So, before taking the promotion, you might want to consider thoroughly investigating the matter.

Remember, just because someone offers a higher position in the company doesn’t mean you have to take it. Consider all factors before you say yes to the job.