Introduction
Promotion is a vertical
movement of an employee within the organization. In others words, Promotion
refers to the upward development of a worker starting with one occupation then
onto the next higher one with pay raise, status, and obligations. Promotion may
be temporary or permanent depending on the needs of the organization. The
promotion has an in-built motivational value as it elevates the authority,
power, and status of an employee within an organization. Employees are enticed and
motivated by promotions, which often minimize feelings of stagnation and
dissatisfaction.
Types
of Promotion
Promotion given to the
employee in an organization can be classified into three types:
1.Horizontal Promotion:
When an employee shifted in the same category it is called horizontal
promotion. A junior clerk promoted to the senior clerk is such an example.
2.Vertical Promotion:
This is kind of a promotion when an employee is promoted from a lower category to
a higher category involving an increase in salary, status, authority, and
responsibility.
3.Dry Promotion: When a promotion is made without a salary increase it is called dry promotion. Such promotion is made either there is a resource fund crunch in the organization or some employees hanker more for status or authority than money.
Purposes
of Promotion
To recognize an
employees’ skill and knowledge to improve organizational effectiveness.
To develop a competitive
spirit in the employees.
To reward and motivate
employees to higher productivity.
To promote employees’
satisfaction and boost their morale.
To build loyalty among
the employees.
To retain skilled and
talented people.
To attract trained,
competent and hardworking people.
To impress the other
employees that opportunities are available to them too if they also perform
well.
Conclusion
Promotion is an advancement of an employee from one job level to higher one involving increased salary, status, and responsibility. Promotion is affected to recognize competent employees, boost morale, build loyalty, retain talented employees and encourage employees to perform well.
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Available at: https://www.projecttopics.org/importance-employee-promotion-business-organization.html
[Accessed 14 April 2021].
Vicky, 2020. Your
article library. [Online]
Available at: https://www.yourarticlelibrary.com/employee-management/promotion/promotion-of-employees-in-an-organisation/60323
[Accessed 14 April 2021].
Promotion refers to upward movement in present job leading to greater responsibilities, higher status and better salary. Promotion may be temporary or permanent depending upon the organizational requirement. Author has well explained the promotion process in organization. Article will be much perfect if author could have mentioned about the HR role and the relative issues in promotion process. well written article
ReplyDeleteEmployee Promotion plays a big role in Employee Satisfaction. It aids in employee engagement, boosts torea, reduces absenteeism, and ultimately in productivity.
ReplyDeletePromoto also offers the organisation to retain the best talent to have the competitive edge.
Its a valuable article to read
Of course "Promotion" is a mostly discussing topic in every organization. Employees are waiting for the promotion. An effective performance evaluation mechanism is a must on employee promotion as well as employee satisfaction.
ReplyDeleteIf author could link both performance evaluation & promotion would be much better.