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Definition of 'Promotion'

A promotion is an increase in rank or salary within a company or organization. It is typically given to employees who have demonstrated their ability to perform well in their current role and who have the potential to take on more responsibility.

There are a number of factors that can contribute to an employee being promoted, including their performance, skills, experience, and education. In some cases, an employee may also be promoted based on their seniority or their relationship with their manager.

When an employee is promoted, they typically receive a pay increase. The amount of the increase will vary depending on the company and the employee's current salary. However, a promotion is generally seen as a positive thing, as it can lead to increased earnings, more responsibility, and a greater chance of career advancement.

There are a number of benefits to being promoted at work. These include:

* Increased pay
* More responsibility
* A greater chance of career advancement
* Increased job satisfaction
* A sense of accomplishment

However, there are also some challenges that can come with being promoted. These include:

* Increased stress
* More work
* A need to learn new skills
* A need to adjust to a new role

Overall, being promoted at work can be a positive experience. However, it is important to be aware of the challenges that can come with it.

Here are some tips for employees who are looking to be promoted:

* Perform well in your current role.
* Develop your skills and knowledge.
* Network with your colleagues and managers.
* Be proactive and take on new challenges.
* Be patient and persistent.

If you follow these tips, you will increase your chances of being promoted at work.

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