29% of employees quit their jobs within a month after their first promotion

Better not promote! 😊 Just a pay raise without promotion!

"29% The share of people who quit their jobs within a month after their first promotion, according to an analysis of the job histories of more than 1.2 million U.S. workers between 2019 and 2022 from payroll-services provider ADP. The departure rate for similar workers who weren’t promoted was 18%. Employees jump if they don’t feel fulfilled and supported in their new roles or because of the new-found confidence to get a better job elsewhere. Sometimes a promotion comes too late, and the worker has already started looking."

Up, Then Out: Why People Quit After Getting a Promotion - WSJ