Assignment on Hr Promotion Transfer - 14234 Words

Meaning of Promotion Promotion is given to that employee who proves them extremely qualified or deserves promotion. It is of inspiration as well as compensation. When an employee works with his full attempt and makes good result he /she is rear-warded with promotion. Promotion stimulates self-development and creates interest in the job. According to Yoder-,â€Å"promotion provides incentive to initiative, enterprise and ambition; minimizes discontent and unrest; attracts capable individuals; necessitates logical training for advancement and forms an effective reward for loyalty and cooperation, long service etc.† Promotion is defined as giving higher position to the employee, which carries high status more responsibilities and higher status.†¦show more content†¦For example, a pharmaceutical company could have a promotion policy that its field representatives must adhere to when they meet with doctors to promote a drug. Individual contributors must be eligible for promotions that recognize and reward their role as contributors. A promotion is a powerful communication tool about what is valued within an organization. Thus, a promotion must be available to employees who play any role in the contribution of work and value. Examples of a Promotion These are examples of a promotion: * HR Assistant receives a promotion to HR Generalist * HR Generalist receives a promotion to a dual role of HR Generalist and Employee Development Coordinator * HR Generalist is given a promotion to HR Manager * HR Manager is given a promotion to Manager of Human Resources and Administration * HR Manager is promoted to HR Director * HR Director receives a promotion to HR Vice President * HR Vice President becomes Vice President of Global Human Resources or Vice President of Talent Acquisition, Management, and Development. Importance of promotion Promotion is important because it is helps employee or worker. 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