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Employee Promotion: Your 7-Step Guide on the Types & How To Promote

AIHR

An Account Specialist receives a promotion to Account Manager, but their salary remains the same (for the time being). Open Eligible employees apply for a vacancy for a higher position, which HR announces publicly to create transparency in the promotion process.

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Talent Acquisition

AIHR

Reducing costs – A well-designed talent acquisition strategy helps reduce recruitment costs by streamlining the hiring process, improving the quality of hires, and lowering turnover rates, saving both time and resources in the long run. Resilience and patience are key skills that will help during challenging times.