BUSINESS ADMINISTRATION
HUMAN RESOURCES MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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evaluation
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raise
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promotion
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transfer
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Detailed explanation-1: -Instead, there are three main types of employee promotion: Horizontal promotion. Vertical promotion. Dry promotion.
Detailed explanation-2: -Employee Promotion means the ascension of an employee to higher ranks. It involves an increase in salary, position, responsibilities, status, and benefits. This aspect of the job drives employees the most-the ultimate reward for dedication and loyalty towards an organization.
Detailed explanation-3: -The main purposes of promotion are: (a) To recognize and reward the efficiency of an employee. (b) To attract and retain the services of qualified and competent people. (c) To increase the effectiveness of the employee and of the organisation. (d) To motivate employees to higher productivity.
Detailed explanation-4: -An increase in responsibilities and status without any increase in pay or other financial benefits is termed as dry promotion. For example, a professor in a university becomes head of the department.