Crack the Code to Earning Promotions through Company Growth
Financial Benefits of Promotions During Growth Phases
Promotions during periods of company growth often come with significant financial rewards. According to a survey by Glassdoor, employees who received promotions reported an average salary increase of over 10%4. Additionally, promotions can include enhanced benefits, such as stock options, bonuses, and increased retirement contributions. These financial incentives are designed to retain top talent and align employees' interests with the company's long-term success.