Updated:

A Promotion Policy From Within the Company Essay

Exclusively available on Available only on IvyPanda® Written by Human No AI

In the scenario involving Bobby Bret and Crystal Productions, Bobby, a junior accountant, expresses frustration about not receiving a promotion after five years with the company. He has shown excellent performance and received positive appraisals but has been passed over for two senior accountant positions, both of which were filled by external candidates. Bobby’s situation raises questions about the company’s promotion and recruitment policies.

Bobby’s complaint appears legitimate as he has consistently performed well and received positive evaluations. However, he has not received any promotions or opportunities for career advancement. According to the scenario, Crystal Productions may need more transparent promotion criteria. The absence of clear guidelines can result in feelings of irritation and disillusionment among employees, such as Bobby, who might believe their dedication and commitment deserve acknowledgment. Organizations need clear promotion criteria that consider factors such as performance, experience, and potential to reduce the likelihood of such issues arising (Mondy, 2008). Crystal Productions should review promotion policies for fairness and a positive work environment.

A promotion policy from within can have beneficial and adverse effects on external recruitment. On the positive side, internal promotions can boost employee satisfaction, motivation, and allegiance, as they see their contributions being valued and rewarded. Consequently, this can enhance productivity and employee retention, as workers remain with companies that provide growth opportunities. However, exclusively focusing on promotions from within might restrict the range of perspectives and knowledge within the organization, as external hires would not contribute fresh viewpoints and skills (Mondy, 2008).

This may hinder the company’s ability to adapt and innovate in a competitive market. Additionally, external candidates may be less attracted to a company with a strict promotion from-within policy, as they perceive limited opportunities for career advancement (Mondy, 2008). Companies should balance internal promotions and external hires for a motivated and diverse workforce.

Reference

Mondy, R. W. (2008). Human resource management. Prentice Hall.

More related papers Related Essay Examples
Cite This paper
You're welcome to use this sample in your assignment. Be sure to cite it correctly

Reference

IvyPanda. (2024, October 1). A Promotion Policy From Within the Company. https://ivypanda.com/essays/a-promotion-policy-from-within-the-company/

Work Cited

"A Promotion Policy From Within the Company." IvyPanda, 1 Oct. 2024, ivypanda.com/essays/a-promotion-policy-from-within-the-company/.

References

IvyPanda. (2024) 'A Promotion Policy From Within the Company'. 1 October.

References

IvyPanda. 2024. "A Promotion Policy From Within the Company." October 1, 2024. https://ivypanda.com/essays/a-promotion-policy-from-within-the-company/.

1. IvyPanda. "A Promotion Policy From Within the Company." October 1, 2024. https://ivypanda.com/essays/a-promotion-policy-from-within-the-company/.


Bibliography


IvyPanda. "A Promotion Policy From Within the Company." October 1, 2024. https://ivypanda.com/essays/a-promotion-policy-from-within-the-company/.

If, for any reason, you believe that this content should not be published on our website, you can request its removal.
Updated:
This academic paper example has been carefully picked, checked and refined by our editorial team.
No AI was involved: only quilified experts contributed.
You are free to use it for the following purposes:
  • To find inspiration for your paper and overcome writer’s block
  • As a source of information (ensure proper referencing)
  • As a template for you assignment
1 / 1