January 5, 2017
Recognition by promotion rather than reward, is key driver in job satisfaction 0
Nearly two-thirds of respondents in a global survey (63 percent) said they would prefer to get a promotion with no salary increase than a salary increase with no promotion this year. One reason for this, the research from Korn Ferry suggests, is that many organizations are not doing an adequate job of creating clear advancement opportunities for professionals. More than half (56 percent) of respondents who did not get a promotion within the last 12 months cited “bottleneck or nowhere to go” as the main reason. Nearly one-fifth (19 percent) said office politics got in their way of moving up the ladder, and while 39 percent said they did receive a promotion within the last year, less than half (45 percent) said they expect to receive a promotion in the coming year. Also, 84 percent said that if they were passed over for a promotion, the No.1 action they would take was to identify the reason and work to improve. The vast majority (88 percent) said that if they wanted a promotion, the No. 1 action they would take would be to have a conversation with their boss and identify growth areas that would enable them to move into the next role.
December 7, 2016
Business as usual for recruitment and retention in post-Brexit Britain … for now 0
by Oliver Watson • Comment, Flexible working, Legal news, Workplace
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