LinkedIn Study Finds IT Pros Promoted at Beginning of Quarter
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Social-networking Website LinkedIn, which focuses primarily on business connections, has leveraged data from its 90 million users to reveal some things of interest to pretty much every employee: promotions.
More specifically, LinkedIn's data reveals that the most popular month for a promotion continues to be January -- although that's changing. During the 1990s, some 22 percent of promotions occurred that month. In the past decade, however, that number has fallen to 16 percent -- and more promotions are apparently taking place throughout the balance of the year.
"The data confirms that January is indeed the most popular month for promotions," Monica Rogati, LinkedIn's senior data scientist, wrote in a Jan. 26 posting on the network's official blog. "However, we do see a surprising phenomenon: promotions are starting to spread more throughout the year."
Rogati goes on to suggest that Millennials -- i.e., professionals born in the 1980s and 1990s -- could be responsible for a lot of this evening-out of promotions throughout the calendar year. There are several potential factors at work, including Millennials' potential "overrepresentation" in industries with fast promotion tracks, and quicker cycling among more junior positions.
For more, read the eWeek article: IT Pros' Big Promotions on Quarterly Pattern: LinkedIn.