In today’s competitive job market, it is crucial for employees to ensure their achievements are recognized in order to advance in their careers. Research shows that confidence about promotions varies based on age, education, and gender, with older individuals and men being more informed than younger individuals and women. Lack of a clear progression path can negatively impact staff tenure, prompting employers to take notice and make changes. When recognition and career advancement align, employees are four times more likely to be engaged, leading to increased productivity and employee retention.
As businesses focus on increasing the impact of their endeavors in the wake of concerns over productivity and engagement in 2023, the changing work landscape in 2024 will require managers to prioritize productivity and employee retention. This shift will create opportunities for career growth, and fintech leaders offer valuable insights on how to propel your career forward. Managing Partner Kenzy Goodwin suggests taking ownership of your career by setting goals, identifying necessary skills, and aligning your priorities with those of the firm. This approach allows individuals to continuously develop themselves by reaching beyond their current knowledge and skills.
COO Cecil Adjalo emphasizes the importance of going above and beyond in the workplace, as doing great work is just a baseline requirement for promotion. He advises individuals to collect evidence of their accomplishments and ask for testimonials from colleagues who can advocate for them. Senior IT Analyst Tina Shata stresses the significance of raising one’s profile through networking to enhance visibility and increase chances of promotion. Laura Rofe, Director of EMEA Account Management, highlights the importance of giving and receiving feedback for continuous learning and career progression. By actively seeking feedback and remaining receptive to suggestions for improvement, individuals can demonstrate their dedication to growth and advancement in their careers.
Recognition serves as a cornerstone for advancement in one’s career, and these fintech leaders have shared strategies for achieving recognition and progression. When seeking pay rises, it is essential to provide evidence of accomplishments and leverage one’s network to support career goals. Embracing these principles will help individuals enhance their career trajectory and seize opportunities for growth and advancement as the year unfolds. By proactively managing their career development, individuals can position themselves for success in a competitive job market and achieve their professional goals.
