What is a Promotion Letter?
An employment promotion letter is the official document released to inform an employee of an upgrade in his/her job role in the organization. Most of the time, the promotion is accompanied with a salary hike.
The whole decision-making of promotion is based on the performance review of the employee within a defined period. Companies conduct promotions separately once or twice every year or during the Rewards and Recognition (R&R) program.
Reasons employees value their work and are loyal to their employer include the work they perform (55%), salary (50%), and immediate supervisor (39%).”.
– Addison Group