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Dry promotions: Definition, considerations, and guidelines for employers

BMT Office Administration

Getting a promotion is an exciting event for employees. However, some of that excitement is probably due to the pay raise that they expect will come with the promotion. But sometimes employers offer promotions without an increase in pay, a growing phenomenon called dry promotions. What is a dry promotion?

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Hitting the salary cap

Practically Perfect PA

Everyone was placed in a salary band depending on their experience and their skills. Except support staff who were placed in lower salary bands or slotted in somewhere that sort of fitted what they did. I was placed in a low (not rock bottom but not particularly high) salary band with other assistants and admin type people.

Salary 100
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If You’re Not Operating Career-Forward and Building Professional Equity, You Could Stifle Your Success

Success

Watch out for benevolent stagnation There’s a benevolent form of stagnation that companies often impose on well-performing employees. The salary may be good, and the work may be important, but such employees are not going anywhere. They will then fail to earn further promotions, plateauing at a point above their competency.

2024 288
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Experts Predict 2023 Will Be the Year of ‘Quiet Hiring’—Here’s What to Expect

Success

This can lead to raises and promotions for those overachievers, and less of a cost burden on the company to onboard a new team member. But it depends on how the company goes about it, and if they are compensated for additional tasks or just expected to do more for the same salary. How do employees feel about quiet hiring?

2023 290
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Is the Flexible Working Bill a game changer or paper tiger?

Workplace Insight

The Employment Rights Act 1996 has continuously evolved – the Employment Relations (Flexible Work) Bill alters and extends this act in its current form. This highlights the cost savings from reduced turnover since recruiting and training can cost up to nine months of an employee’s salary.

Salary 111
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The six skills managers will need for the future of work

Workplace Insight

With the use of data, one can analyse employee promotion rate, verify the existence of healthy salary inclusion, or ensure the presence of a healthy gender split in leadership positions. We need to rethink the relationship between leaders and employees and create new forms of involvement and interaction.

Skills 98
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Dr. Dale Whelehan – CEO at 4 Day Week Global | Boost Efficiency with a 4-Day Work Week Strategy

Allwork

With AI promoting faster, more precise operations and the push for flexible work hours – as advocated by Dale Whelehan – productivity can be boosted while ensuring employees avoid burnout. Frank Cottle [ 00:15:33 ]: Earners versus salaried wage earners. Dale Whelehan [ 00:03:34 ]: Yeah. I think the question is less about.

AT&T 264