Congratulations, you have more responsibility without additional income. It happens more than you might think. According to the Wall Street Journal, a 2024 study by Pearl Meyer found that 13% of ...
New job description and new job responsibilities, but the same old paycheck? Congrats, you just got a dry promotion. This type of promotion is great news for a company’s bottom line, since it means ...
Facilitating employee growth is a hallmark of good leadership, and recognizing that growth matters. Promoting an employee is one clear way to do that. However, when a team member moves into a new role ...
As American businesses seek innovative ways to cut costs in a tightening economy, employers may be enticed to promote employees but withhold a salary increase. This situation is known as a "dry ...