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04/20/2021

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Good reminder post. Having just gone thru the annual increase process, promotions are always an issue not only on the appropriateness and ability of the employee but more the financial aspect. Never enough dollars in the increase budget for all the promotions desired. The post reminds us that this is an annual year long process of discussion and planning. To my mind that means being able to budget approved promotions separately from the increase budget but which requires much advanced planning. How to get managers to plan ahead for the financial part as well - that remains a challenge!

I appreciate your thoughts, Karen. They have gotten me wondering whether there are ways to improve managers' understanding of budgeting for promotions--definitely worth another article if I can pull enough details together. Thanks!

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