Why dual-promotion is the best way to get ahead

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Why dual-promotion is the best way to get ahead

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This content is contributed or sourced from third parties but has been subject to Finextra editorial review.

Wouldn’t it be great if you only had to focus on your work to get ahead? If you didn’t need to advocate for yourself to get the credibility and visibility you need to receive a promotion?

Unfortunately, that is not reality. Focusing on your performance alone is no guarantee that you will be rewarded and recognised.

If you are lucky, you will meet supportive people throughout your career. These folks will help shine a light on you when you deserve it, making sure that your employer knows what you have accomplished.

You will not have a cheering squad behind you at every job. To make sure that your bosses and their bosses know your value, you will have to get used to tooting your own horn.

If the thought of that makes you queasy, rest assured that highlighting your accomplishments does not have to mean loud bragging in meetings and endless self-promoting team emails. A new approach, called ‘dual-promotion’ can help you champion your accomplishments without sounding like a narcissist.

The secret is giving credit to others while singing your own praises. According to a report published in the Journal of Personality and Social Psychology, researchers found that not only does dual-promotion result in more likeability than self-promotion alone, it also results in greater perceptions of competence.

People will think you are nicer and better able to do your job. Here is how to strike the right balance:

Demonstrate that you are a team player

No one succeeds on their own. Talking up the value and contributions of your teammates shows that you recognise the power of collaboration. You will be underscoring your skill in managing the team without directly talking about it, and people will look forward to working with you again in the future.

Show confidence

Talking about the great work of others shows you are not insecure. You have confidence in your own role and the value of your own contributions, so you are not afraid of letting someone else have their moment of glory too.

Demonstrate leadership

Acknowledging others is a key trait of great managers. When you do so, regardless of your title or position, it shows you have leadership abilities. You gain a reputation as more than just a hard worker, you become seen as someone capable of bringing out the great work in others.

Praise your peers

People love to be acknowledged and it just doesn’t happen enough these days. Whether it comes from the CEO or a peer in the next cubicle over, it makes you feel seen and appreciated.

People don’t forget that. Plus, it can have a real impact on how your colleagues see you and treat you. While it’s your responsibility to self-promote, it’s very nice when others provide some supportive reinforcement.

Above all else, it just feels good to recognise the people around you. It feels honest because it is honest. Very few victories we experience at work happen without assistance from others. It takes a little extra effort to give an authentic shout-out to your well deserving teammates, but it’s worth it for you and for them.

Sadly, not every boss is going to give you the recognition (or the rewards) you deserve —even when you lay it out for them. If that is the case, it’s time to consider your options and take your talent elsewhere. The Finextra Job Board is the perfect place to start your job search. It features thousands of roles across fintech in companies like the three below.

Ripple

Ripple is on a mission to build breakthrough crypto solutions and over the last decade, its enterprise-grade solutions have become faster, more transparent, and more cost-effective than traditional financial services.

The company also has a flexible approach to remote work and staff have the option to work remotely, from its offices or following a hybrid model.

If you want to join a team that inspires breakthrough work, recognises and values diverse contributions, and knows how to have fun along the way, Ripple is the place for you. Find out more about a career at Ripple here.

Revolut

From everyday spending to planning the future with savings and investments, Revolut wants to help its customers get more from their money.

In 2015, Revolut launched in the UK offering money transfer and exchange but the company’s offering has evolved significantly since then and Revolt products make more than 150 million transactions per month.

The company has a flexible approach to remote work and permits its 2,000-plus employees to work from its London office, from home or a combination of both. Learn more about working at Revolut here.

Cleo

Fintech app Cleo uses an AI-powered chatbot to help users improve their financial health via personalised insights. It is committed to fostering good spending habits with Gen Z in particular.

Day to day, Cleo employees can expect a flexible approach to work location and while staff are encouraged to spend one day per week in its London office, if you live outside of the capital and its surrounding areas, a few times per year will suffice. Get additional details about joining the Cleo team here.

For more roles hiring in the fintech space, visit the Finextra Job Board.

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This content has been created by the Finextra editorial team with inputs from subject matter experts at the funding sponsor.