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End of financial year brings promotions

user iconLawyers Weekly 28 January 2011 NewLaw

While January remains a popular time for Australian employees to begin looking for new job opportunities, it's in June or July that they're most likely to bag a promotion. According to online…

While January remains a popular time for Australian employees to begin looking for new job opportunities, it's in June or July that they're most likely to bag a promotion.

According to online networking group LinkedIn, a lot of promotions are being granted at the end of June, particularly in the accountancy and law sectors.

"The LinkedIn research shows that most Australian professionals get their promotions in January or around the end of the financial year," said LinkedIn's Sally-Anne Blanshard.

"This is the time they should be looking at investing in developing their brand online and networking."

Globally, the months of January, July and September are the most popular months for promotion.

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