Premium Only Content

Wage Stagnation! Is Making A Lateral Career Move Worth It?
If you are upwardly mobile, then pay close attention. Are you looking at a new opportunity to increase salary, benefits, or take on new responsibilities? Beware of the lateral move!
A lateral move is when you are gunning for a promotion and human resources turn it into an internal transfer. That 20% to 30% salary increase becomes 2% because they couldn't get top management approval.
Your salary stagnates, you get more responsibility, and the company gets your labor on the cheap. The truth is a lateral move is a cost-cutting measure in the human resources industry. In today's episode, you get tips on handling such a letdown.
Remember, corporations want to pay as little as possible for top talent. Employees want to earn as much as possible for the least effort. Putting these truths together creates adaptations that include lateral move salary adjustments.
Should you take a lateral move? That depends on whether you are trying to escape something or move towards something else. In most cases accepting an outside position at a market, the rate is always going to be in your favor.
In all cases, a lateral move is NOT a promotion. It is a cost-cutting measure that rewards human resources for your gullibility and lack of understanding of market rates. This is the harsh reality of high-income jobs. Part of a career trap.
Not all lateral moves are bad if they give you access to upper-level decision-makers. Then again, a lateral move may make you look like a corporate simp. To make the best salary decisions you need the broadest market information, don't take the word of human resources.
For those who believe they make better than average salaries, learn how to turn income into wealth with this unique newsletter, https://www.sustainablewealthsecrets.com/newsletter/
-
LIVE
BEK TV
13 hours agoTrent Loos in the Morning 7/11/2025
391 watching -
51:34
ChurchandState1776
21 hours agoSam Anthony: We Are The News | Interview
2.87K2 -
11:17
Michael Button
22 hours ago $1.67 earnedExciting Update in Gunung Padang Controversy
8.94K2 -
8:46
Lacey Mae ASMR
17 hours ago $0.64 earnedASMR But You're At The DMV [Whispered Roleplay]
6.28K1 -
13:24
Actual Justice Warrior
1 day agoCrazed New York Kidnapper THROWS Child
10.2K9 -
23:14
DeVory Darkins
1 day ago $7.92 earnedMayor Bass PANICS during press conference as Democrats suffer LEGAL BLOW
15.8K68 -
2:00:21
MG Show
20 hours agoCIA Report Confirms Trump was Framed; I Stand with Ice
19.5K21 -
10:58
Nikko Ortiz
1 day agoCrazy Karen TikTok Fails Part 13
138K14 -
14:55
Michael Knowles
1 day agoThe Epstein Files Just Got WEIRDER
21.6K56 -
50:02
The Why Files
8 days agoProject Pegasus | The CIA's Child Time Soldiers
62K54