Transfer & promotion

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Transfer & promotion

  1. 1. TransferDefined as the mere change in job, place of work without affecting pay, position orresponsibilitiesPurpose To retain employees To recognise the achievement Fillup vacanciesTypes Replacement Transfer Versatility Transfer Shift Transfer Remedial Transfer
  2. 2. PromotionDefined as the improvement in pay, prestige, position and responsibilities of aemployee within his/her organisationPurpose Motivate employees to higher productivity To attract and retain employees To recognise the achievement To increase the effectiveness Fillup vacanciesPrinciples Clear the strategy- Whether management go for internal or external hiring Decision regarding the basis for promotion- Seniority or Merit
  3. 3. Promotion- TypesPromotions are of three types which include: Horizontal Promotion- Involves increase in responsibilities, pay and designation Vertical Promotion- Results in greater responsibility, prestige and pay togetherwith change in the nature of job Dry Promotion- Causes increase in remuneration

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