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A study found that 24.2% of mid-career professionals are stalled in their workplaces, defined as having gone at least five years without a promotion or meaningful raise.
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The study tracked 1.3 million mid-career professionals across a range of industries over 25 years.
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Researchers defined 'mid-career' as the period roughly 10 to 15 years after a worker starts their professional career.
Carlo Salerno, education economist at Burning Glass Institute
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"People start to feel trapped. Stalled workers are doing everything society asked them to do. They got a degree, tried to build a career and stay employed, yet somehow they stop moving forward," said Carlo Salerno, education economist at Burning Glass Institute and the report's lead author.
Carlo Salerno, education economist at Burning Glass Institute
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"This is why it's a hidden crisis, because none of these things show up in unemployment statistics," Carlo Salerno said.
Carlo Salerno, education economist at Burning Glass Institute
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Carlo Salerno said the findings reveal a split between a labor market that looks healthy on the surface and the experience of workers who remain employed but are no longer climbing the corporate ladder or receiving the pay and benefits that come with advancement.
Carlo Salerno, education economist at Burning Glass Institute
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"Workers lose out on higher raises and bonuses, but they also miss out on valuable project experience, and not getting leadership experience," Carlo Salerno said.
Carlo Salerno, education economist at Burning Glass Institute
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"Then you add those together and find yourself in a situation where you have lost access to things that you would use to grow a career," Carlo Salerno said.
Carlo Salerno, education economist at Burning Glass Institute
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Carlo Salerno attributed career stalls to persistent structural labor market problems, including flatter organizational structures that offer fewer opportunities for advancement than in previous generations.
Carlo Salerno, education economist at Burning Glass Institute
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Carlo Salerno said workers also have fewer chances to move up by switching companies or relocating.
Carlo Salerno, education economist at Burning Glass Institute
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"The stall isn't one singular event; instead, it's a bunch of small structural warning signs that show up much earlier than the event happens," Carlo Salerno explained.
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The average stalled software developer misses out on $43,000 in wages over 15 years, according to researchers.
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The costs to administrative workers are generally smaller because their roles offer fewer opportunities for advancement and do not typically include large bonuses.
Carlo Salerno, education economist at Burning Glass Institute
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"They don't have huge career ladders, so they stall and persistently lag behind," Carlo Salerno said.
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Stall rates vary across industries, ranging from 20.7% in information technology to 30.2% in public administration.
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The stall rate in health care and social assistance is 21.8%.
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The stall rate in transportation and warehousing is 23.1%.
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The stall rate in professional, scientific and technical services is 23.2%.
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The stall rate in educational services is 23.4%.
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The stall rate in management of companies and enterprises is 24.8%.
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The stall rate in finance and insurance is 26.6%.
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The stall rate in wholesale trade is 26.9%.
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The stall rate in manufacturing is 27%.
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The stall rate in utilities is 28%.
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The stall rate in real estate is 28.9%.
Carlo Salerno, education economist at Burning Glass Institute
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"Look at what the skills workers who aren't stalling out have, like presentation, communication, or leadership skills that give them more flexibility to pivot out," Carlo Salerno said.
Carlo Salerno, education economist at Burning Glass Institute
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"Figure out what skills you need to get off the ladder that shortened on you and onto the next ladder over," Carlo Salerno said.
Carlo Salerno, education economist at Burning Glass Institute
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"There's a lot of talent that could be working more effectively, and it's a missed opportunity for employers," Carlo Salerno said.
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