HR Transitions - HR Transitions Human Resource Management Promotion Promotion means an improvement in pay prestige position and responsibilities of an

HR Transitions - HR Transitions Human Resource Management...

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HR Transitions Human Resource Management Promotion: Promotion means an improvement in pay, prestige, position, and responsibilities of an employee within his or her organization. The new job is a promotion for the employee only when it carries increased responsibilities and enhanced pay. A mere shifting of an employee to a different job which has better working hours, better location, and more pleasant working conditions does not amount to promotion. Purpose of Promotion To motivate employees to higher productivity To attract & retain the services of qualified and competent people To recognize and reward the efficiency of an employee To increase the effectiveness of the employee and of the organization To fill up higher vacancies from within the organization To build loyalty, morale and sense of belongingness in the employee To impress upon others that opportunities are available to them who perform well. Promotion Policy Promotion Policy helps to state formally the organization’s broad objectives, and to formulate both the organization’s manpower and the individual carrier plans. The basic requirement of a promotional policy is a statement of the ration of internal promotions to external recruitment at each level, the method and procedure of selection, and qualifications desired.
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