Nearly a quarter of midcareer professionals have stalled out in terms of mobility and pay, and they lack a path forward to attaining both, a new study released on May 31 by The Burning Glass Institute shows.
The report, a collaborative effort with researchers from New York University School of Professional Studies, focuses on office-based roles across business and management, clerical and administrative services, IT and math, and sales and customer service.
The study examined the career arcs of more than 1.3 million employees and found that 24.2 percent of midcareer workers have not seen a meaningful promotion or raise in five or more years of employment….