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ST Advice: Do you apply for an internal job promotion where you see the chances of getting it say, less than 20%?

All in all, it would be a great position.
But I know that someone else with my same current classification is also going to be applying for it, and he's 20 years older than me.

We'll both be applying + any external candidates.

I should anyways, right? For interviewing experience + showing the higher-ups that I want to move up and take on more responsibility?


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