Understand the benefits and failures that go along with promoting people within your organization.
In many cases, the best workers do not make the best managers, but how can you know that before you promote them? Every organization should have a promotion policy in place and all the leaders in the organization should be thoroughly trained so that the criterion in each area is the same throughout the organization. You will learn a few different methods in which employees can be promoted and learn how promotions are different in a union versus non-union setting. We will discuss the attributes you would look for in someone who you are considering promoting and some characteristics that might make you rethink that decision. We will discuss what makes up a strong company's promotion policy as well as how a manager can help prepare his people for promotions. We will also talk about how to discuss giving a promotion with no increase in compensation.
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Why Lorman?
Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Agenda
Benefit of Promoting Employees
- Why and How Companies Should Promote Employees and the Benefits That Brings
- How Companies Could Fail at Promoting From Within If No Programs Are in Place
- Types of Promotions: Competitive and Non-Competitive
Methods of Promotions
- Career Ladder
- Accretion of Duties Promotions
- Merit Promotions
Acceptable Criteria for Promotions
- Experience in the Job or Tenure
- High Performance Level in Two or More Recent Review Cycles
- Skillset That Matches the Minimum Requirements of the New Role
Characteristics to Look for When Promoting People
- Things to Consider Before You Make Your Final Decision
- Qualities to Look for When Hiring or Promoting People
Does Your Company Have a Promotion Policy?
- Why Your Company Should Have One
- Job Postings - Internal and External
- Preparation for Your People to Be Promoted
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Why Lorman?
Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Credits
MP3 Download
This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
OnDemand Course
This course was last revised on June 25, 2021.
Call 1-866-352-9540 for further credit information.
- ASA 1.0
- This program qualifies for 1.0 continuing education hour(s) towards maintaining your ASA credential. Please contact ASA for more information at [email protected]
HR Certification Institute 1.0
- This E-Learning program has been approved for 1.0 (General) recertification credit hours toward aPHR(TM), aPHRi(TM), PHR®, PHRca®, SPHR®, GPHR®, PHRi(TM) and SPHRi(TM)recertification through HR Certification Institute® (HRCI®). For more information about certification or recertification, please visit the HR Certification Institute website at www.hrci.org.
SHRM 1.0
- Lorman Education Services is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CPSM or SHRM-SCPSM. This program is valid for 1.0 PDC(s) for the SHRM-CP or SHRM-SCP.
To earn each credit Lorman offers through the OnDemand learning platform, you need to watch 100% of the program. Also, for certain credits you will need to fulfill additional requirements which will be displayed on the "credits" tab when viewing the course.
- Those applying for AIA and HRCI must view 100% of the program and answer the questions following the program.
This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
More Program Information
Why Lorman?
Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Faculty
Ronald A. Sereika
Mspark
- 2010 National instructor of the year award for The National Association of Credit Management
- 2013 CCE award of excellence presented by the National Association of Credit Management
- 2011 Credit Executive of the year Upstate New York by NACM Chicago
- National Speaker at NACM Credit Congress, NACM Eastern Regional Conference, Upstate NY Annual meetings 2011 to 2015
- Two-time finalist at CooperVision for the CFO award given annually for the top performer in North America’s finance team
- B.S. degree in accounting, Fredonia State University; attended Amos Tuck School of Business at Dartmouth University executive program for certification in Credit and Finance
- Can be contacted at 585-705-0304 or [email protected]
More Program Information
Why Lorman?
Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
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