Promotion (rank)

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Promotion (rank)
A promotion is the advancement of rank or position in an organizational hierarchy system. The opposite is a demotion.Promotion may be an employee's reward for good performance i.e. positive appraisal. Before a company promotes an employee to a particular position it ensures that the person is trained to handle the added responsibilities. This is marked by job enrichment and various training activities.A promotion can involve advancement in terms of designation, salary and emoluments nature of job or what the job can be described as.
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