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Exiting & Selling

A Job or a Career?

By February 21, 2024No Comments

The Wall Street Journal recently had an article titled, “Remote Workers Are Losing Out on Promotions, New Data Shows.” Is this what all those protesting “Back to the office” had in mind?

Here are three takeaways:

  • It’s not insignificant, hybrid or fulltime in-the-office workers get promoted 44% more than 100% remote workers.
  • It’s fine for some if they don’t care about advancing. But like a business, if you’re stagnant you’re really declining, and it can’t do much for job security. Women are losing out more than men.
  • This isn’t just a random or one-off scenario. It’s from a survey done by KPMG of over 1,300 CEOs in 11 countries.

It was telling when one business owner said, “People may not like it, but I can’t build a company by playing to lowest common denominator.” He went on to say it means remote workers don’t “own” their job.

To me, it’s someone who does the work versus someone who has a strategy (for themselves) and ideas for the company’s benefit.

“An idiot will try anything. That’s how you know he is an idiot” Michel Audland

“A study of economics usually reveals that the best time to buy anything is last year” Marty Allen