Upside Down Heirarchary
I work at a lender/bank/fund, and when i joined the team it was me, the group head, and a VP. Within 3 months they hired another SVP, and looks like the VP will be promoted to SVP shortly. I work in sales/distribution for 4-5 verticals(1 of which I am VP level in) but took the role with a step down in title due to the WLB and pay was higher than other job. I can say the SVP has the same background but more senior and he is leading me on a product that he is learning at the same time. Kinda frustrating as the VP has had to train up the SVP, where I have had minimal guidance. I'm having a hard time trying to get promoted and meaningful work is not steered by way, I'm also not on most client calls, meetings or structing. my question is, I don't think this will change and I'm not learning. It feels like each person on my team silos their verticals, and doesn't want me to learn/do too much to take away what work they are doing. I'm 10 years older than the VP and a few older than the SVP, this is my second career, but nobody knows how old I am, so I just play younger. I'm coming up on year 2, and need another year on my resume to make it not look like a short stint, but really getting bored with the work, and at my age/experience should be moving up a lot quicker.
Any help from people older than 30 would be helpful.
Based on the most helpful WSO content, here are some insights and advice for your situation:
Assess Your Current Role and Future Prospects:
Consider the Market's Message:
Networking and Mentorship:
Evaluate Your Career Goals:
Plan Your Next Steps:
Consider a Career Change:
Remember, it's important to take proactive steps to ensure your career growth and satisfaction. If the current situation is not meeting your expectations, planning and executing a strategic move can help you achieve your career goals.
Sources: Are you experienced? Thoughts on growing older, Are you experienced? Thoughts on growing older, Grad School and Age, Approaching 30 and lost, An old man looking for advice
Sounds as there’s either a structural/culture problem with people siloing away (not incentivized to collaborate), or they don’t trust/like you. Either way, you are better off looking outside. I’ve seen quite a share or people that were not well regarded internally move to another place and take a step up. You create your own story. Just don’t bring all this negative into your interviews.
2025 is looking like a good year for jump ship! It will be a good vintage. My theory is that if you change jobs in a hot hiring environment, you lock up a higher pay than if you recruit in a lower one (e.g. 2024).
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