Saturday, December 1, 2018

The Risks of Candidates Climbing Back Down the Corporate Ladder



Our brains have been wired to think about our careers going up the corporate ladder over time. A manager becomes a director, a director becomes a vice president, a vice president becomes a president, etc.  Obviously, there are a lot fewer job positions the further you go up the ladder. A typical company may have 125 managers, 25 directors, five vice presidents and one president. The odds of moving up the ladder aren’t really in your favor, with 80 percent fewer positions at each next level.  But, people need to make a living. What happens when an employee needs to go back down the ladder to find more open positions? Is that a good idea for you as a hiring manager to consider that candidate? Let’s find out.

Read the rest of this post in Entrepreneur, which I guest authored this week.

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