Sorry to hear about your recent promotion

A recent study suggests that getting a promotion at work could be bad for you.
LiveScience.com reports on the study:
“Our research finds that the mental health of managers typically deteriorates after a job promotion, and in a way that goes beyond merely a short-term change,” said Chris Boyce of the University of Warwick. “There are no indications of any health improvements for promoted people other than reduced attendance at GP surgeries [i.e. doctors visits], which may itself be something to worry about rather than celebrate.”
However, it probably still is preferable to a pink slip.
The University of Warwick research used data from an annual survey of Brits, included information about some 1,000 people who had been promoted. The findings will be presented later this month at a conference of the Royal Economic Society.
Don Mecoy
Business Writer
If you enjoyed this post, please consider to leave a comment or subscribe to the feed and get future articles delivered to your feed reader.

I will totally agree with this article. I can’t count the number of times at my former employer I saw friends promoted and then laid off shortly thereafter. I was laid off myself but this is something that happened repeatedly over many years. Getting a promotion is a higher risk proposition at many companies.