N/M

[Brutè]

N/M

[McUSA]

I wouldn't make a big deal of it. It sounds like you were just given a raise. If you work for a big company, the new title may reflect a new pay range for your position.

For example, you may have been at the top end of the pay range for your old postion, but are now at the bottom end for your new position. It's good to be at the bottom, since you have more opportunity for raises from here.

[The Mister]

At my company, promotions are always announced via email either company-wide or at least office-wide (i.e., everyone in Dallas).

If this were recent, I would mention it (nicely) only if other promotions in the company had been announced one way or another. Since this was months ago, I'm not sure mentioning it would do any good.

It seems to me that if a company is committed to keeping its best people, they would strive to recognize excellence in some public way. Sure, some may see it as just a bunch of warm fuzzies, but it can help morale when everyone occasionally has a reason to say "Yay!". It's just one form of TeamBuilding.

[Brutè]

N/M

[zapped]

i say don't rock the boat. keep working hard....move up by stealth if that is the management philosphy. at some point, you will shine. the last will be first and the first will be last. ;)

[Maine-iac]

It's not a very smart policy not to announce promotions, for the morale reasons others have mentioned. But I would not mention it unless you commonly see announcements for others, which would make it seem that your ommission was an oversight. Nonetheless . . .

CONGRATULATIONS ON YOUR PROMOTION! :D

[AC]

It is probably too late to say anything. In my company, it is a common practice to announce promotions. My advice is if you are in the same situation next time, don't hold off speaking up.

[Elisha]

Here's another vote for announcing promotions. At my company promotions are announced by e-mail to the entire actuarial department as well as the line or department where the actuary works.

[openminded]

...

[42]

I've seen some announcements come out very late, where it was obvious that the manager just forgot to make the announcement at the time of the promotion. (Yes, sometimes we really are just that dumb!) So as far as mentioning it to your manager, I guess it depends on whether it would make you uncomfortable to have the announcement come out now. (Answering questions like "Didn't you get promoted a couple of months ago?")

Things could be worse. I once got promoted, and the announcements went out. Then the lawyer who was handing the paperwork for my green card informed me that we would have to start the green card application process all over again (2 years' work down the drain) if I got promoted. So my boss quietly "unpromoted" me (on paper, at least) for the next couple of years until the green card process was completed. I wasn't allowed to explain to anybody about why I had my old job title back (as the lawyer said this would also jeopardize the green card process), and then when I was officially "repromoted", I had to answer to "didn't you get promoted to that title two years ago?"

Dednimnepo: What is an "actuarial based promotion"?

[Crystal Dragon.]

Quit! THAT'll get their attention!!!




(just kidding, just kidding!!! :P )

[openminded]

...

[bikerider]

42,

How would your promotion affect the greencard application? Can you please elaborate? I am in the process of applying for my greencard and I got promoted a few months ago. I did not inform my lawyer of this promotion. Thanks in advance

[Alya]

42,

How would your promotion affect the greencard application? Can you please elaborate? I am in the process of applying for my greencard and I got promoted a few months ago. I did not inform my lawyer of this promotion. Thanks in advance
as far as i know you are supposed to have the exact job that was on your green card application by the time you get to the INS interview. You still can get pay increases, just keep the same job title (analys, actuary, etc.)

[Brains&Beauty]

If you feel uncomfortable asking your boss to announce the promotion, I suggest doing it yourself:

Buy a box or two of muffins/bagels/doughnuts and leave them in the office kitchen. Then, send an email to everyone saying something like:
"There are some goodies in the kitchen. Please help yourself and help me celebrate my recent promotion to....".

[WinnieThePooh]

Brains&Beauty,

That is just plain genius...hence your name i guess PoohBear

[42]

Bikerider, what Alya stated is also what I was told. I suggest you talk to your lawyer about this. Maybe the laws have changed, but if not, you may need to do something quickly.

[42]

Actuarial based promotion - Announce to the actuarial department only, assuming non-actuaries are not effected by the promotion. One school of thought says announce to the company. I think this generates as much resentment as good publicity unless its commonly done with other professions, such as Underwriting and Systems Analysts.

Actuarial promotion example - moving from an Actuarial Student (1-2 exams) to an Actuarial Assistant (3+) or getting a designation. Getting a designation often earns you some sort of management equivalent promotion. I should add, earning a Designation should always be announced.Now I understand, and I know what you mean about generating resentment. At my first company, the general perception was that all ( :lol: ) you had to do was pass some exams and you would get promoted. (Of course, these people thought actuarial exams were like LOMA exams, and they complained about the actuaries getting "9 weeks of vacation" when everybody else got 3. :roll: ) When we announced actuarial promotions, we always said that the promotion was "in recognition of the higher level of work being performed, the increased workload, the increased managerial responsibilities, (i.e., something that the average Joe could understand), and, oh, by the way, they also passed a few more exams." The good news is that it's not like this at all companies. In some companies, the average Joe has worked with actuaries and understands that their skill level is much higher than the average FLMI. :)

[Healey]

Meka leka hi meka hiney ho

[Dr T Non-Fan]

"...was caught red-handed showing feelings!
Showing feelings of an almost HUMAN nature!
This will not do."
In other words, what kind of actuary (or one in training) are you? You'll have to do better than this for your next promotion.

[Cynic]

Maybe it's just me, but I don't think it's always good to be recognized in public. Given that my boss recognizes and praises me in private, I don't care whether or not other people know about it. Usually in an Actuarial Department, you get promoted because you have passed a bunch of exams. This means that you may be promoted faster and more often than the guy who's been working there long before you. This in itself causes a lot of resentment already. There is no need to stir it up.

[WWSituation]

I believe it is very important to recognize the rewards of exam progress. It is a long dark road and when our brethren get promoted, it gives us all a little bit of light at the end of the tunnel.

[Gal Friday]

I'm in the same boat. Was promoted in February and it was never announced to anyone, except the people within the department that I told myself. My experience here has been that the actuarial promotions in our office are not announced, probably b/c it comes through a different system than the "other" promotions, which are announced when they occur. We usually have to wait a few extra weeks for ours due to exam results anyway. It's a bummer. Would definitely boost our morale if our promotions were recognized, at least by announcing it to the dept in a dept meeting or something. I guess maybe it's to avoid resentment due to some people getting promoted and others not...

[42]

I wonder if it's a "chicken and egg" question? People resent actuaries because we get promoted faster, but I think a lot of that resentment stems from the fact that they don't understand how difficult it is to pass the exams. We then downplay the promotion by keeping it quiet, rather than using it as an opportunity to explain just how big a deal it really is to pass. This allows people to continue thinking that actuarial exams are just like LOMA exams, and that we are getting special treatment, and that that's the reason why we don't advertise our promotions, and the cycle continues.

Maybe when somebody gets promoted, the announcement should contain something about the exams, like the fact that you can only take them every 6 months, you need to put in 400-500 hours of studying to have any chance of passing, only 30-40% of the people writing an exam actually pass, etc. After seeing statistics like this a few times, maybe people wouldn't be so flip about these promotions.

[Oh Yeah]

In my opinion, you should not 'buy bagels' and announce your own promotion. People will think you are an arrogant ba$tard at worst, an insecure dork at best.

Hang in there and keep working hard. If your promotion involves significant added responsibility, then people will notice. If not, then it may have just been a movement up the payscale, and no big deal.

Also, I agree that sometimes promotions are announce very late. One company I worked at announced them annually, so sometimes people had been in the position for almost a year before the promotion was announced.

[Branwell]

I once got a promotion that was officially announced, but it did not involve any new work responsibilities or higher pay*, or indeed anything at all except the announcement & some free muffins & orange juice.

*It allegedly influenced my next annual increase months later, but the amount for the promotion was not specifically identified, and the total was lower than in the previous year, when I was not promoted.