Career Moves
An increase in responsibilities, earnings and company loyalty are some of the benefits to job promotions. It may also be an effective means of recruiting new employees. Many times, prospective employees look for companies with the opportunity for advancement.
Performance, experience, merit, attendance records and length of service are some of the considerations of giving a promotion. Many times the director of the department will give first attention to his or her own qualified employees.
General information, not legal advice. Treat this as a drafting starting point, not a finished policy — employment law varies by jurisdiction and changes often, so have a licensed attorney tailor it to your situation before you rely on it.