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What Is The Promotion Paradox? A Critical Issue For Today’s Managers

Allwork

29% of employees quit their jobs within a month after their first promotion. In the time after giving an employee a promotion, many managers probably feel really great. In a surprising 29% of these stories, though, that same promoted employee quits — quickly. That’s a high point as a supervisor.

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7 Ways to Ace Your Performance Review

Success

However, with careful planning and strategizing, your annual performance review can be an excellent opportunity to improve your job satisfaction and learn what you need to do in order to be promoted. Ask for specific examples and concrete suggestions on how you can do better in the future,” he advises. “If

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How to Ask For A Raise: Essential Strategies And Tips

Success

It’s also about taking control of your career and getting the salary you deserve. When Industry Standards Rise: Keep up with salary trends for your position. Sites like Glassdoor, PayScale, and LinkedIn Salary Insights are helpful resources. Research salary ranges for your position and experience level in your industry.

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Why Has The Gender Pay Gap Doubled In Two Years?

Allwork

Addressing the gender pay gap requires coordinated efforts from policymakers, employers, and individuals, including implementing pay audits, standardizing compensation practices, promoting family leave policies, and fostering mentorship and leadership opportunities for women. The gender pay gap just isn’t closing.

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Dry promotions: Definition, considerations, and guidelines for employers

BMT Office Administration

Getting a promotion is an exciting event for employees. However, some of that excitement is probably due to the pay raise that they expect will come with the promotion. But sometimes employers offer promotions without an increase in pay, a growing phenomenon called dry promotions. What is a dry promotion?

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3 Awkward Money Conversations in the Workplace and How to Navigate Them

Success

For example, if someone wants you to chip in for a wedding gift for Susan from the accounting department, you can explain that you only contribute to gifts for people on your team. 2: Lack of salary transparency You’re applying for a new role and the application asks you to list your salary requirements. Money issue No.

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Hitting the salary cap

Practically Perfect PA

Everyone was placed in a salary band depending on their experience and their skills. Except support staff who were placed in lower salary bands or slotted in somewhere that sort of fitted what they did. I was placed in a low (not rock bottom but not particularly high) salary band with other assistants and admin type people.

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