Giver’s Remorse: Should an Unsuccessful Promotion be Cured by Demotion?

Pretty much everyone loves receiving gifts. When you’re a child, a brightly wrapped box and a shiny bow is the stuff of great childhood memories. And as we get older, we often find that gift giving is nearly as enjoyable as the receiving, perhaps because it’s just as gratifying to bestow that delight.

In our professional life, the gifts we receive early in our career include getting hired, receiving a raise or earning a promotion. And as we gain seniority, it’s often a pleasure to give those opportunities to someone else. To be fair, we tend to feel – if we