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DEMOTION AND Transfer. Promotion. 43. Upward reassignment of an individual in an organisational hierarchy Increased Responsibility Enhanced Status Increased Income. Reasons for Promotion. 44. Growth of Business Recognition for a job well done Employee motivation and growth.
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Promotion 43 • Upward reassignment of an individual in an organisational hierarchy • Increased Responsibility • Enhanced Status • Increased Income
Reasons for Promotion 44 Growth of Business Recognition for a job well done Employee motivation and growth
Criteria for Promotion 45 • Performing Present Duty Well • Experienced & Qualified • Willing to handover Current Responsibilities • Enthusiastic about New Role • Familiar with the Job Responsibilities • Proficient with Interpersonal Skills • Adequately Trained
Promotion Policy 46 • Statement of the organisation’s broad directives on promotion matters • Ratio of Internal Promotion : External Recruitment • Identifying Ladders of Promotion • Pre-Requisites for being Considered • Any Factors which Disqualify from Promotion • Seniority vs. Merit
What is Demotion? 47 A demotion occurs when an employee is reassigned to a position with a responsibility / salary that is lower than the responsibility / salary of the former position
Reasons for Demotion 48 The employee was unable to perform the job assigned to him to the satisfaction of the employer The employee requests for a Demotion
What is Transfer? 50 Reassignments to similar positions in other parts of the firm Usually involves no change in grade / salary Can be initiated by the employee / employer
Employee Initiated 51 • Personal Enrichment • More Interesting Job • Greater Convenience • Better Career Advancement Opportunities
Employer Initiated 52 Vacate a position Fill a position Consolidate a position Find a better fit