"You like working from home? Seems like you have no plans for promotion"

US Economic Media Introduces '5 Tips for Promotion During a Recession'

The new year of 2023 has dawned, but the economic outlook appears darker than ever. Large-scale layoffs are being reported not only in Western countries such as the United States and the United Kingdom but also in the Korean financial sector. Amid this, the U.S. economic media outlet Bloomberg has attracted attention by introducing five 'tips' to overcome a recession and advance one’s career.

Bloomberg emphasizes that "promotion is not just about doing your job well, but also about how well you are noticed by your boss." According to a 2019 corporate survey cited by Bloomberg, employees who worked remotely more frequently had fewer promotion opportunities. This was the case even if remote work increased individual productivity.

British economist Jack Kennedy said, "People striving for promotion probably won't spend five days a week working remotely," adding, "They will spend considerable time in the office to be visible to managers."

If remote work is necessary, the ability to communicate smoothly with your boss is essential. Career coach and consultant Hannah Salton advised Bloomberg, "If you work remotely for longer periods, you need to make sure your efforts are more visible to your team and boss."

If a recession is imminent, it is time to consider how the economy affects your personal job development plan. Bloomberg particularly advises taking on roles that are hard to replace and developing the ability to link them to the business. During economic downturns, companies prioritize protecting jobs directly related to increasing sales.

Finding work that you genuinely enjoy is also important. Career coach Alice Stapleton said, "It is difficult for someone who does not intend to work long-term to develop their career," advising, "People need to test their ideas and experience how their ideas actually work in reality."

Sharpening your skills is naturally closely related to promotion. However, Bloomberg says it is important to focus on mastering the skills themselves rather than learning skills just to find a job. First, having excellent skills increases your chances of being promoted to a more important position or finding a better job.

Directly asking your company or boss about promotion criteria is also a good method. Stapleton said, "Ask your employer about the types of roles or talents they are currently looking for," explaining, "It is best to ask directly what the organization wants from you. You cannot close gaps without keeping them in mind."

The important thing is not to stop at just asking. Stapleton advises that once you know the job competencies required for promotion, you should think strategically about how to reach that level.

He emphasized, "Make it a habit to record the added value you create through your daily tasks," adding, "This can serve as strong evidence for the company to promote you when the time for personnel evaluation comes."