Accountancy, asked by PolicyGfx, 2 months ago

7) Promotion is basically a reward for:-
A) Efficiency
B) Seniority
C) Physical fitness
D) Retention​

Answers

Answered by niveda8
4

Answer:

option (A) efficiency

Answered by mahajan789
0

Promotion is basically a reward for Efficiency.

Explanation: The advancement of a worker to higher positions is referred to as employee promotion. It entails an improvement in pay, status, obligations, and benefits. Employees are most motivated by this part of their work, which serves as the final reward for their devotion and dedication to the company.

Theoretically, a promotion calls for more work and effort at the workplace. These decisions about promotions are based on several organisational policies. These include things like performance, experience, and efficiency.

For staff growth, there are four basic sorts of promotions.

1. Horizontal Promotion: An employee who receives this type of promotion receives a wage raise with little to no change in duties. It is also viewed as an employee's advancement.

2. Vertical promotion: This is a movement of employees up the corporate ladder with a change in knowledge and expertise. It results in a change in compensation, obligations, status, benefits, etc. Its nature also allows it to alter the job's nature.

3. A dry promotion is one that the staff members don't particularly enjoy. This promotion refers to a rise in duties and prestige without any associated compensation. It implies that there will be no pay raise or other financial gains.

4. Open and Closed Promotion: An open promotion is one in which every employee of the company is qualified for the position. Only a few members of the team are qualified for a promotion in a closed promotion.

To learn more about promotions, click on the links below:

https://brainly.in/question/18056280?msp_srt_exp=5

https://brainly.in/question/9832993?msp_srt_exp=5

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