Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

There are certain advantages to climbing the corporate ladder. Giving employees promotions is a simple approach to keep them in the organization. They will feel

There are certain advantages to climbing the corporate ladder. Giving employees promotions is a simple approach to keep them in the organization. They will feel as if they are required in the company. The majority of employees will stay since they are familiar with the company and the hazards of changing employment. Another advantage goes to the company. When a new employee is hired, he or she must be taught in the company's processes, which might take up to six months. We may refer to the older personnel as a welltrained workforce if they are kept. Employees at higher levels might be given more difficult tasks since they know how to handle them. If an employee gets promoted, he will be more driven to accomplish his work and will be a valuable addition to the company. He is committed to doing a good job. When an employee understands that he is respected, he will be willing to take on any challenging tasks without complaint. This

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Business Analytics Data Analysis And Decision Making

Authors: S. Christian Albright, Wayne L. Winston

7th Edition

0357109953, 978-0357109953

More Books

Students also viewed these General Management questions