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This counterintuitive career move could make you happier (and wealthier)
Australia🏛️ Politicsyesterday

This counterintuitive career move could make you happier (and wealthier)

The article discusses the idea that career progression doesn't have to be strictly upward and that sideways or even downward moves can lead to greater happiness and financial success. It challenges the common belief that promotions are always beneficial, arguing that lateral moves can provide opportunities for skill development, networking, and long-term career growth. Research by Professor Michael Waldman from Cornell University suggests that individuals who make sideways moves within organizations are more likely to be promoted and experience higher wage growth over time. The piece also introduces the concept of a 'career lattice,' which contrasts with the traditional 'career ladder' model by allowing for multidirectional movement within a career. While businesses benefit from such flexibility by retaining talent and reducing turnover, the article acknowledges that these moves can feel emotionally challenging due to the lack of the typical 'honeymoon' period associated with traditional promotions.

In recent years, the conventional wisdom surrounding career progression has been challenged by a growing body of evidence suggesting that moving laterally—rather than climbing vertically—can lead to increased happiness and financial success. This idea contradicts the traditional belief that career advancement follows a straightforward path, where individuals steadily rise through the ranks. However, real-world experiences and academic studies increasingly show that a sideways move, or even a slight downward shift, can offer substantial long-term rewards.

The notion of a linear career trajectory is deeply ingrained in many cultures. It's commonly assumed that starting at the lowest rung and gradually ascending is the ideal route. Yet, this model doesn't reflect the complexity of modern professional life. Many people encounter moments in their careers where the next available promotion doesn't align with their personal goals or professional fulfillment. At such times, exploring alternative routes becomes essential. These decisions are often motivated by intrinsic factors rather than external ones like salary or title. People seek roles that provide opportunities for learning, greater enjoyment, or better alignment with their core values.

Research supports the potential benefits of making a lateral move. Professor Michael Waldman from Cornell University discovered that individuals who transitioned sideways within their organizations were more likely to receive future promotions and experienced greater wage growth compared to those who remained in their current positions. His findings suggest that such moves allow professionals to refine their abilities in specific tasks, which broadens their skill set and enhances overall productivity. This concept is encapsulated in the term "career lattice," which describes a framework where employees can shift between departments or functions at the same level, rather than strictly ascending or descending.

Organizations that embrace this approach benefit from a more adaptable workforce. Companies that encourage multidirectional movement among employees tend to retain talent more effectively and reduce the need for external hiring. This flexibility fosters a dynamic work environment where employees can develop diverse competencies and contribute to multiple facets of the business. Despite these advantages, the emotional impact of a sideways move can be challenging. Unlike traditional promotions, which often bring immediate recognition and a sense of achievement, lateral moves may lack the same initial gratification.

A long-term study conducted in the United Kingdom highlighted this disparity. It revealed that while traditional promotions result in a temporary boost in job satisfaction, lateral moves typically have minimal immediate effects. The delayed realization of benefits can make it difficult for individuals to justify such transitions. To navigate this challenge, experts recommend adopting a broader perspective on career planning. Rather than focusing solely on immediate losses, individuals should consider their future prospects. By envisioning their position in 18 months, they can assess whether a lateral move offers opportunities for enhanced skills, expanded networks, or improved working conditions.

For those contemplating a change in direction, the key lies in balancing short-term feelings with long-term gains. While the initial adjustment might seem daunting, the potential for significant career growth and personal satisfaction makes it worthwhile. As Tim Duggan, author of *Work Backwards*, emphasizes, the focus should be on future outcomes rather than present sacrifices. This mindset shift enables professionals to make informed decisions that align with both their current aspirations and future ambitions. Ultimately, embracing non-linear career paths can lead to unexpected yet rewarding outcomes, reshaping the landscape of professional development in meaningful ways.

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2 reports

The Age logoThe AgeIndependentCenteryesterday
This counterintuitive career move could make you happier (and wealthier)

The article discusses the idea that career progression doesn't have to be strictly upward. It challenges the common belief that moving up the corporate ladder is the only path to success and happiness. Instead, it suggests that making a lateral or even downward move can offer personal fulfillment, skill development, and long-term career benefits. Research from Cornell University indicates that individuals who make sideways moves within organizations are more likely to be promoted and experience higher wage growth over time. The article highlights that while such moves may lack the immediate satisfaction of a traditional promotion, they can lead to broader opportunities and increased productivity.

Bias read (Center): The article focuses on career strategies and workplace dynamics, which are not inherently politically charged. It presents research-based insights without taking a stance on political issues, policies, or ideological debates. There is no evidence of biased framing, loaded language, or one-sided sour

The Sydney Morning Herald logoThe Sydney Morning HeraldIndependentCenteryesterday
This counterintuitive career move could make you happier (and wealthier)

The article discusses the idea that career progression doesn't have to be strictly upward and that sideways or even downward moves can lead to greater happiness and financial success. It challenges the common belief that promotions are always beneficial, arguing that lateral moves can provide opportunities for skill development, networking, and long-term career growth. Research by Professor Michael Waldman from Cornell University suggests that individuals who make sideways moves within organizations are more likely to be promoted and experience higher wage growth over time. The piece also introduces the concept of a 'career lattice,' which contrasts with the traditional 'career ladder' model by allowing for multidirectional movement within a career. While businesses benefit from such flexibility by retaining talent and reducing turnover, the article acknowledges that these moves can feel emotionally challenging due to the lack of the typical 'honeymoon' period associated with traditional promotions.

Bias read (Center): The article presents a balanced discussion on career development strategies without overtly favoring any specific ideological stance. It references academic research but does not take a partisan position on economic policies or labor market trends. The framing remains neutral, focusing on individual

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