article thumbnail

Dry promotions: Definition, considerations, and guidelines for employers

Business Management Daily

Dry promotion vs a lateral move In a dry promotion, employees are taking on added responsibilities in addition to their existing job duties or ascending to a higher role without added pay. A lateral transfer where an employee is switching roles within the company and trading their current duties for new duties is not a dry promotion.

article thumbnail

10 Reasons Why Game of Thrones Needs a HRIS

EmployeeConnect

If you’re not, all you need to know is that the world’s biggest fantasy show is the perfect metaphor for poor succession planning, terrible retention strategy, shameless people management, dire career development, and hapless leadership. Arya Stark needs a career development plan. More carrot, less stick perhaps?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

10 Reasons Why Game of Thrones Needs a HRIS

EmployeeConnect

If you’re not, all you need to know is that the world’s biggest fantasy show is the perfect metaphor for poor succession planning, terrible retention strategy, shameless people management, dire career development, and hapless leadership. Arya Stark needs a career development plan. More carrot, less stick perhaps?

article thumbnail

Is Your Organization Worried about the Falling Unemployment Rate?

SumTotal

Which, although in the main is excellent news, it does present significant challenges for employers as they scramble and compete with each other for the same ever-dwindling pool of talent. Biro to talk about this very subject and offered her listeners advice about how learning and development can fix this problem.

article thumbnail

Mentorship vs Sponsorship: What’s The Difference Why You Should Utilize Both

HR Tech Girl

When done well, organizations create strategically built mentoring programs that align individuals with the right competencies, skills, and knowledge to help develop the next wave of talent within their organization. What is sponsorship? Sponsorship, in a way, transcends mentorship.

article thumbnail

Reshaping the Talent Management Process for Millennial Employees

InfinityHR

Whether that be career development, community outreach initiatives, the amount of money in their paycheck, the amount of travel they get to do, or how much PTO they can use per year, employers need to find something attractive they can offer to potential employees and promote it. Build a culture worth sharing.

article thumbnail

Talent Management Software: Transform HR Processes and Drive Organizational Outcomes

Engagedly

Importance of Talent Management in the Modern Workplace Talent management is no longer confined to the periphery of HR functions; it has ascended to a position of strategic significance within organizations of all sizes and industries. It ensures that your leadership team can thrive in diverse international markets.