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Showing posts with the label promotions

Promotions are supposed to be a good thing right?

Have you ever worked at an organization where annual (or semi-annual) promotion cycles are the norm? Digitas currently has semi-annual promotion cycles. Depending on your point of view and expectations, the time leading up to promotion periods could be exciting or frustrating. For resource managers I think it's safe to say it's the toughest time of year. Attrition tends to spike around these dates, and often times you know the root cause - dissatisfaction with promotion results. As resource managers, we partner with department leads and HR to strike a balance in promotion discussions each cycle. The focus of the discussion is always centered on employee "demands" (salary, title, prestige, etc.) and what the business is able/willing to " supply " (new revenue, next level openings, rotations, etc.) in the current cycle. Inevitably like any supply and demand curve we come to a middle point. The "art" is in the give and take (budget, risk factor, op...