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

Allwork

According to a survey by TalentLMS, 75% of employees find training beneficial for their engagement at work, professional development (82%), and productivity (80%),” and “76% of employees are more likely to stay with a company that offers continuous training,” Gialleli said.

2021 264
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Should Your Company Be Labor Hoarding? HR Leaders Share Why They Believe The Answer Is Yes

Allwork

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. .

Payroll 279
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The Right Way to Share Problems at Work With Your Boss 

Success

There are numerous reasons employees might not speak up at work, from fearing backlash from bosses in charge of their promotions and salary to worrying about how it will impact their reputation. Gallup’s “ State of the Global Workplace: 2022 Report ” shows “60% of people are emotionally detached at work and 19% are miserable.”

Health 264
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Authentically Gen Z: The Values, Aspirations & Drivers That Will Re-Define The Future Of Work

Allwork

Let’s dive into the five key aspirations and drivers we’ve uncovered from this generation: Amenities, Benefits & Salary: A Shifting Mindset. Training & Development: One Size Does Not Fit All. Amenities, Benefits & Salary: A Shifting Mindset. Training & Development: One Size Does Not Fit All.

Salary 226
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Over one quarter of employees do not trust their CEO to be honest and transparent

Workplace Insight

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.

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Three HR Experts Share How To Prevent Quiet Quitting And Quiet Firing

Allwork

“There weren’t many silver linings in the pandemic, but one was certainly the ability to maintain a flexible work schedule and spend time during the traditional work day taking care of personal tasks, with the opportunity to finish work after the kid’s soccer game, for example.”. Not giving raises or promotions. “If