Internal Mobility: Getting Promoted vs Changing Companies

The Career Advancement Dilemma

Should you push for promotion at your current company or jump ship for advancement? Both paths have merit.

Internal Promotion Benefits

• Known entity—you know the culture
• Existing relationships and credibility
• Potentially faster path with less risk
• Continuation of benefits and equity vesting

External Move Benefits

• Often larger salary increases
• Fresh start and new challenges
• Broader network and experience
• Escape from internal politics

How to Decide

1. Assess your internal growth potential honestly
2. Research external market value
3. Consider non-financial factors
4. Have conversations with your manager

Conclusion

Neither path is universally better. Make the choice that aligns with your goals and values.