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

The Intimidation Factor: How Fear Influences Women’s Wage Negotiations

Allwork

Women can fight for themselves in the salary negotiation process by doing their research and being confident in their experience and abilities. As more states start to require salary ranges to be published, this will help even the playing field between women and men. A good HR team will fight for salary equality, and many do.

Insiders

Sign Up for our Newsletter

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

article thumbnail

U.S. Workforce Clashes with Persistent Ageism

Allwork

It’s reported that, even when older job seekers were offered a salary, 22.1% felt they were offered salaries below their worth. In the workplace, ageism manifests in various ways — such as younger employees being promoted over more experienced colleagues, to inappropriate comments about an employee’s age.

article thumbnail

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

Success

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. 2: Lack of salary transparency You’re applying for a new role and the application asks you to list your salary requirements. Money issue No.

Salary 246
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 264
article thumbnail

Experts Predict 2023 Will Be the Year of ‘Quiet Hiring’—Here’s What to Expect

Success

It starts by identifying current team members who already go above and beyond. This can lead to raises and promotions for those overachievers, and less of a cost burden on the company to onboard a new team member. to 3 times the original person’s salary, so companies see it as a way to minimize expenses,” Lim says.

2023 276
article thumbnail

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. Just as you would negotiate a salary with comparisons, it is important to highlight data that could benefit the implementation of your idea.

Health 262