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

Success

Possible solutions “I think it’s important for someone organizing a collection to clearly state that giving is optional,” Holman says. 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. Money issue No.

Salary 246
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Why Talking about Money at Work is Dangerous

Eat Your Career

Some career advisors suggest that we should all share our salary details with one another to help promote pay equity. I don’t think we should openly discuss salary at work. There are many, many things that influence salary decisions. The circumstances may cause salary discrepancies that are justified.

Salary 147
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The Solution to the Struggles of Staffing a Nonprofit Organization

C-Suite Assistants

Anyone who runs a nonprofit organization knows that resources can be spread quite thin. Even in large nonprofit organizations, every dollar matters, and this often means that people at the top of the organization wear many hats.

Salary 52
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The significance of women’s health is increasingly acknowledged in the modern workplace

Workplace Insight

Advancing women’s health requires a concerted effort from employers, considering the broader implications on employee retention, mental health costs, and the overarching message an organization sends about its values. We need to tailor support and activities in each organization to adjust some of the best practices.

Health 97
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Should Your Company Be Labor Hoarding? HR Leaders Share Why They Believe The Answer Is Yes

Allwork

As companies are trying to figure out how to stay profitable and are subsequently implementing hiring freezes and layoffs, some other organizations are taking a different approach. Alec Rahman-Jones, Managing Director of Phaidon International, told Allwork.Space that he believes labor hoarding is beneficial to an organization. .

Payroll 279
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Want To Stop Employees From Walking Out The Door? Build Them A Career Ladder

Allwork

Gialleli’s idea for implementing a mentor/mentee program is a good and creative example for one such method. “The Companies and organizations should also keep in mind the more negative impacts of low retention rates. The company or organization they work for is what can truly make or break an employee’s loyalty.

2021 264