Dry promotions: Definition, considerations, and guidelines for employers
BMT Office Administration
JANUARY 24, 2024
This type of promotion saves the company money, but can be frustrating for employees who understandably expect a higher salary for their hard work in their new role. Dry promotions can often occur at start-ups or nonprofits because the organization can’t offer a full promotion with higher wages until they receive their next round of funding.
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