Q&A: Can you share how promotions typically work in all your experience?

Demystifying the promotion process, from announcement to compensation adjustments, and handling off-cycle promotions with finesse.

Hey folks,

A new type of weekly newsletter (well, weekly if there are enough questions!) - I’ll be answering questions from the Slack community in long-form (or, questions I get asked elsewhere). Hopefully this will be useful to some of you!

From the Slack Community, Lina asks:

1) Can you share how promotions typically work in all your experience?

2) How does your company usually announce or post open roles for promotion opportunities?

3) When an employee is promoted off-cycle, how is their performance managed when the annual review comes around?

4) If an employee is promoted off-cycle, is the following year's review and compensation tied to the promotion date, or does it remain aligned with the original annual review cycle? I’d prefer to keep the annual review date consistent. How do we typically manage compensation adjustments in this case? For example, if Alex's annual review falls in July but he got promoted in March this year. When it comes to next year's review in July, how should we handle his new compensation? There is a 4-month gap from March to July.

Climbing the Career Ladder: Understanding Promotions and Their Implications

Promotions are a crucial aspect of career development, yet the process can often seem shrouded in mystery (or cronyism). Let's shed some light on how promotions typically work and address some common questions.

The corporate ladder: where every rung is a surprise party you weren't invited to