Budget Promotion Salary Training 
BMT Office Administration
JANUARY 24, 2024
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?
Allwork
OCTOBER 18, 2022
The basic reason for the term and trend is because employers decide to ride out the uncertainty with higher payrolls in order to avoid the long-term costs of hiring and training new people when the economy rebounds,” Fountain told Allwork.Space. .
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Workplace Insight
MAY 28, 2024
Freezing salaries, pausing promotions, adjusting bonuses, scaling back on staff perks and reducing training budgets become go-to tactics for managing the costs of static workforces. Many employees will have hidden ideas, abilities and learnings that can be unlocked through training and development.
Success
OCTOBER 11, 2021
In other words, it addressed the unmet demand of adult learners seeking skills training. If your budget is too limited to offer competitive salaries, what other perks do you offer ? As a personal example, I had a client who offered two night classes with equal marketing budgets. A failing product line is a problem.
Workplace Insight
JANUARY 10, 2024
The data suggests that transparency around pay and other factors, including rewards and promotions, could drive improved performance. 63 percent of employees say that they would be more motivated to work for a promotion if they had more clarity on their potential pay and remuneration.
Bonnie Low Kramen
SEPTEMBER 19, 2022
The companies that have solid plans for cross-training, back up plans, succession planning for the staff, cybersecurity, and disaster preparedness will be the ones that are future-proofed. The biggest gaps will be in compensation, investment in professional development training, and policies around bullying and sexual harassment.
Practically Perfect PA
APRIL 1, 2014
Last September I successfully negotiated a change in title and salary, but am still the lowest-paid manager in our company, even though I have more management experience than several other managers. I agree that while we have come a long way, there is still a lot of work to be done.” appeared first on Practically Perfect PA.
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