Due to a better salary development in the long run, corporate promotions are replacing ad hoc salary increases as the biggest rewards for employees. Hence the use of corporate promotions as an incentive needs to be corporately steered. Therefore corporate promotions could be included in a companys performance management, which would simply create an additional, strong incentive tool. The focus of this paper lies on the one hand on performance management and on the other hand on corporate promotion. The general goal is to link these two vital processes, including the developed "Promotion...
Due to a better salary development in the long run, corporate promotions are replacing ad hoc salary increases as the biggest rewards for employees. H...