article thumbnail

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?

article thumbnail

Hitting the salary cap

Practically Perfect PA

A few years ago I was working as a PA to a senior board director in an organisation full of project managers, engineers and specialist technicians. Everyone was placed in a salary band depending on their experience and their skills. My salary was good and I was happy with my lot. My salary was good and I was happy with my lot.

Salary 100
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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 263
article thumbnail

Furthering Your Education on a Budget

Success

If you only have a vague notion of how much your salary stands to increase before beginning this work (or haven’t considered it at all), take some time to do so before you formally sign up for anything. Ask yourself these questions: What is your ultimate goal (promotion, raise, more knowledge, all of the above, etc.)? Keep learning.

Budget 299
article thumbnail

The six skills managers will need for the future of work

Workplace Insight

Here, I outline six skills that will be required of management teams to effectively lead their workforces in the future. With the use of data, one can analyse employee promotion rate, verify the existence of healthy salary inclusion, or ensure the presence of a healthy gender split in leadership positions.

Skills 98
article thumbnail

Workplace Happiness Is at an All-Time High—But There’s Still Room for Improvement

Success

The main issues include: Sick-day policies Bonus plans Mental health benefit policies Communication channels Promotion policies These findings point to an ongoing gap in working mothers’ roles navigating work and family expectations , as well as potential inequities with pay and promotion that women have been fighting for centuries.

Policies 246
article thumbnail

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

Allwork

Alec Rahman-Jones, Managing Director of Phaidon International, told Allwork.Space that he believes labor hoarding is beneficial to an organization. . He says it’s advantageous for hiring managers and companies to ride out periods of economic uncertainty rather than to have to back-fill talent later.

Payroll 276