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Showing posts with the label promotion in hrm

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...