Previous Management

Legal Liabilities  Managers have legal liabilities that most workers 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.  Financial Restrictions  Managers often have financial restrictions placed on them because of their position. The most common of these are the insider trading restrictions. The insiders list at a company is almost exclusively managers. While a worker can exercise stock options or trade in the company stock whenever they wish, the managers on the insider list are restricted to windows of time that exclude immediately before and after quarterly financial results are announced. Weigh the Pros and Cons To decide whether a career in management is right for you, you have to weigh the pros and cons. You have to decide what's best for you, not what matters to someone else. If power, pay, and prestige are important to you, you may want to consider a career in management.

Next