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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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Which Way To Run? Decoding The Wobbly Economics Of The Office Market

Allwork

Managers threaten to withhold promotions and raises for employees who work remotely (too often). And then there is the whole self-help consulting industry surrounding hybrid — five ways to be a better hybrid manager or leader , how to build a hybrid culture , how to maximize the effectiveness of hybrid teams, etc.

Salary 296
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The Intimidation Factor: How Fear Influences Women’s Wage Negotiations

Allwork

Women can fight for themselves in the salary negotiation process by doing their research and being confident in their experience and abilities. As more states start to require salary ranges to be published, this will help even the playing field between women and men. A good HR team will fight for salary equality, and many do.

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3 Awkward Money Conversations in the Workplace and How to Navigate Them

Success

For example, if someone wants you to chip in for a wedding gift for Susan from the accounting department, you can explain that you only contribute to gifts for people on your team. 2: Lack of salary transparency You’re applying for a new role and the application asks you to list your salary requirements. Money issue No.

Salary 246
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U.S. Workforce Clashes with Persistent Ageism

Allwork

It’s reported that, even when older job seekers were offered a salary, 22.1% felt they were offered salaries below their worth. In the workplace, ageism manifests in various ways — such as younger employees being promoted over more experienced colleagues, to inappropriate comments about an employee’s age.

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Is Mentorship The Key To Career Advancement For Women?

Allwork

To counteract that, employing a mentorship program is crucial, especially for women, to push for equity in promotions and career advancement. . Female mentors can also train and equip younger women with skills that can help them negotiate a raise, ask for a well-deserved promotion, or better benefits. .

Mentoring 264
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Experts Predict 2023 Will Be the Year of ‘Quiet Hiring’—Here’s What to Expect

Success

It starts by identifying current team members who already go above and beyond. 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. to 3 times the original person’s salary, so companies see it as a way to minimize expenses,” Lim says.

2023 290