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Dry promotions: Definition, considerations, and guidelines for employers

Business Management Daily

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. They are looking to get more work out of the employee without providing a pay raise.

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How to ask your boss for a raise, 5 steps for getting the pay you deserve

Business Management Daily

However, if you’ve landed on an article about how to ask your boss for a raise, it’s more likely that you don’t mind your job so much and prefer to stay. Your second choice is to ask for a pay raise. After all, discussions about pay are not often encouraged in the workplace. This can seem intimidating at first.

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7 Things You Must Be Doing To Create A Happy Workplace

15Five

It may sound like the definition of a “Care Bear” management style, but study after study has shown that employee happiness has a direct correlation to your bottom-line. If you automatically assume that paying people more is the key to making them happier, guess again. 3) Offer Meaningful Perks. So what does move the needle?

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Improving Employee Financial Wellbeing in the Face of Economic Uncertainty

Employee Benefits

Defining financial wellbeing Financial wellbeing doesn’t have a single, fixed definition. It is often equated with providing higher wages or across-the-board pay raises. In this post, we will discuss various ways to enhance your employees’ financial wellbeing.

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Annual Employee Performance Evaluations, 360 Peer Reviews And Other Common HR Mistakes

15Five

CM: I have definitely been on the far end of this since 2009. For example, what do you do when someone who is taking on more responsibility and brings in high results doesn’t get recognized, because your system is set up for once a year pay raises? Where do you stand and where do you see things heading in the business world?

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Is Your Employee Asking for a Raise? Here’s What to Do

Patriot Software

When an employee approaches you with a raise request letter or conversation, you may not be expecting it. Take time to think about the employee’s request before giving them a definitive answer. Some employees prepare before asking for a raise, giving you specifics about why they feel they deserve the pay increase.

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Learning How to Eliminate Stress at Work

Hppy

For example, a lack of task definition in your organization leaves your staff unclear about their responsibilities and how to correctly perform tasks. give your team A chievable, R ealistic goals that have definite T ime limits, so everyone understands the deadlines and other constraints that affect your business.