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Employee promotion Strategy

Employee promotion strategies should be carefully crafted as these depend upon a number of factors other than just performance. Every organizations have different strategies of employee promotion. Here are some commonly used criteria which many of the Indian organizations follow: Length of service – it is important for an employee to spend a considerable amount of time in the organization before he is recommended for promotion so that he is acclimatized with the working environment, policies and overall culture of the organization. Usually this time ranges from 1 – 2 years. Performance – Performance plays a crucial role but is not the only deciding factor for employee promotion . In most of organization policies, usually 4 or 5 raters only are eligible for promotion. Potential – Employee’s potential to take up higher roles and responsibilities is significant criteria in deciding whether the employee should be promoted or not. Many companies opt for identifying high pot ...

What is employee job promotion in hrm?

Taking an employee to the next level of grade and designation is termed as promotion. A promotion is an elevation of an employee to a higher position, pay, and privileges. Bigger profile, responsibilities, pay and opportunities also come along when an employee is promoted . According to  Pigors and Myers promotion can be defined as " Promotion is the advancement of an employee to a better job-better in terms of greater responsibilities, more prestige or status, greater skill and especially, increased rate of pay or salary." An employee’s promotion is elevating him to a higher job role with more roles and responsibilities so that he is able to meet the specification of the next profile in a cadre. Promotion is a critical stage in the lifecycle of an employee as well as for the organization. It is very important to select the right candidate at the right time for promotion. Potential to add more responsibilities and exhibiting good performance in the current rol...