The Pros Cons of Becoming a Manager - 1190 Words

Are you deciding if management is right for your career path? This blog will discuss the pros cons of entering management. PRO S There are many positives to being a manager. Managers generally are paid more than others in the company. They appear to have more power. And the power and pay differences tend to give the position more status or prestige. Remuneration: Certainly the top manager in a company gets paid more than anyone else in the company. Managers are generally paid more than everyone in their group as well, but not always. For example an Architect in a project may get paid more than a Project Manager. Smart companies pay their people based on their value to the company, not on their title or position, and in that†¦show more content†¦You have several people within your own organization who want your job and more people on the outside who are after it as well. They may not agree with the decisions you made (see above) or felt they could have made better decisions. You may have actually made a wrong decision and they will use that as leverage to try and push you aside. The higher you go in any organization, the fewer positions there are at that level and the more competition there is for them. Legal Liabilities: Managers have legal liabilities that others don t. Managers frequently have to sign documents, they have to ensure the workplace is free from harassment; they have to keep their people safe. If a manager fails in any of these responsibilities, they may be held legally liable. Restrictions: Managers often have restrictions placed on them because of their position. For example, a normal employee can exercise stock options or trade in the company stock whenever they wish, but the top managers (even in most of the companies their closed ones also restricted) who are involved in making financial results are restricted to windows of time that exclude immediately before and after quarterly financial results are announced. Weighing the Pro s and Con s To decide whether a career in management is right for you, you have to weigh the pros and cons. You have to decide what best suits you and what s best for you, not whatShow MoreRelatedAssessing A Career In Business: Project Management. Project1584 Words   |  7 Pagescreation to competition. The intent of this paper is to assess the role of a project manager and determine if I am well suited for a career in project management. To achieve this goal, I will be discussing the following areas: job description, general career path, education requirements, salary, career outlook, and the pros and cons. I will also be interviewing a colleague that currently working as a project manager to gain a better understanding of typical duties associated with the role. Job DescriptionRead MoreThe Darkside of Whistleblowing1021 Words   |  5 Pagesdo it to feel comfortable in their skin. 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