What is Employee Promotion?
Employee promotion refers to the act of elevating an employee to a superior position in an organization, usually on top of responsibilities, power, and payment. It is a reward in terms of performance, experience, and contribution to company objectives. Promotions improve the morale and promote professional growth and retention of employees. A structured promotion policy allows organizations to maintain fairness, transparency, and motivation among employees as well as to match business goals and performance metrics with career progression.
Examples:
Employee promotion encourages others to work better and target higher.
The firm announced her employee promotion to the position of senior manager.
Fair employee promotion policies create confidence and minimize job dissatisfaction.
Similar Words:
- Job Advancement
- Career Progression
- Job Upgrade
