Looking for a promotion? January is best month

Wed Jan 26, 2011 10:14am EST
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By Patricia Reaney

NEW YORK (Reuters Life!) - If you are looking to boost your career and get a promotion, January is the best month of the year in many countries to get it.

An analysis of data on the professional networking site LinkedIn showed January, June and July are the top months for professionals to move up the corporate ladder within their companies in the U.S.

January is also a good month for promotions in India, along with April, July and October, and in France, Australia, Canada, Germany, Brazil, Italy, the Netherlands, Spain and Britain.

LinkedIn, which has 90 million members worldwide, speculated that one reason why January is so popular for career advancement is that is coincides with the financial year.

"We looked at 12 countries, including the U.S.," said Krista Canfield, a spokeswoman for LinkedIn. "If you look at India's data we also see a spike in April and it turns out that April is when India's fiscal year is."

Another theory is that it is easier for companies to deal with promotions after the winter or summer holidays.

"September comes up as a really good time for people in France to go and try for a promotion, besides January, which is also a good month," she added.

Promotions were also more common in September in Spain.   Continued...