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What Is The Promotion Paradox? A Critical Issue For Today’s Managers

Allwork

29% of employees quit their jobs within a month after their first promotion. In the time after giving an employee a promotion, many managers probably feel really great. In a surprising 29% of these stories, though, that same promoted employee quits — quickly. That’s a high point as a supervisor. A recent ADP survey of 1.2

Promotion 288
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You’re Not Alone: 54.7% Of U.S. Salaries Haven’t Kept Up With Inflation

Allwork

With nearly twice as many open jobs as available workers, and with companies struggling to meet record demand, many economists and policymakers believe that what the economy needs right now is less hiring and less wage growth. . salaries haven’t kept up with inflation. High consumer demand in the U.S.

Salary 332
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7 Tips On How to Get a Promotion From “Show Your Worth” Author and Former IBM Executive Shelmina Babai Abji

Success

This calls for two steps—inflation to decline, which could happen, or for salaries to increase, match or exceed it. Since that factor is out of our hands, we should focus on something within our control, like our personal career trajectories and the best timing and method to seek a raise or a promotion.

Promotion 286
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Do Pay Transparency Laws Actually Matter?

Allwork

employers list salary ranges in job postings in response to recently passed pay transparency laws, fewer people are submitting applications without first knowing what they pay. Pay transparency laws aim to promote fairness and reduce pay disparities based on factors like gender, race, and ethnicity. As more U.S.

Salary 301
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Set Stretch Goals

Office Dynamics

THE BROCHURE PROMOTING AN administrative training pro­gram said, We will never make you do anything you don’t want to do. This was in a brochure from a company who hosts supposedly high-level classes for assistants. Don’t you dare settle for mediocre goals. What is a stretch goal? Oh heavens, I thought! Pleeeaazzz!

Goals 200
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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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Writing Meaningful Performance Goals

All Things Admin

“What are your goals for the upcoming year?” But putting these goals into words and describing the specific ways we’ll accomplish them is often easier said than done. And if you’re asked to tie your specific goals in with existing company objectives, it can be even more difficult. Getting Started with Goal Setting.

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