Congrats, you just got a "dry promotion" — no raise included

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signalmankenneth

Verified User
I never heard of a dry promotion, but taking on more work or responsibility without being compensated is not right?!!

Is a workplace promotion really a promotion if it doesn't come with a raise? The short answer is no, but that isn't stopping a growing share of U.S. employers from offering workers what's known as a "dry promotion."

Also known as a no-raise promotion, a dry promotion is when a worker gets an upgraded title and more job responsibilities, but without an upgrade in compensation. The trend isn't new, but tends to resurface when the economy falters, according to a recent Wall Street Journal article noting that the number of employers offering people new job titles in lieu of commensurate raises has increased 5% since 2018, to 13% in 2024.

Like a bar that doesn't serve alcohol, dry promotions lack the heady ingredient that most clearly signals how much a business values an employee — money. So how should workers respond when their boss asks them to take on a greater role without also getting a bump in salary?

"They should reply by negotiating — negotiating and negotiating," Ray Smith, the Wall Street Journal reporter who wrote the piece, told CBS News. "And, basically, they can say, 'OK, I'd like to do this, I'd like to take this on, but can we talk about a salary increase? Or can we revisit the issue of a salary increase in three months if it's not possible now?"

Women tend to feel greater pressure than men to accept a dry promotion and often don't take up the issue with their managers, Smith said, citing job coaches.

"Women just tend to feel like they need to say yes to this promotion because they're either not going to get another one, or another opportunity, or they don't feel like they have the right or the confidence to negotiate or to stand up for themselves and say, 'I deserve more because you're giving me more responsibilities and you're asking me to take these additional responsibilities on, and it's not fair…" he said.

https://www.yahoo.com/finance/news/congrats-just-got-dry-promotion-145402012.html


978779351-job-promotion-cartoon1.jpg
 
signalmankenneth said:
I never heard of a dry promotion, but taking on more work or responsibility without being compensated is not right?!!

[FONT=&]Is a workplace promotion really a promotion if it doesn't come with a raise? The short answer is no, but that isn't stopping a growing share of U.S. employers from offering workers what's known as a "dry promotion."
[/FONT]
[FONT=&]Also known as a no-raise promotion, a dry promotion is when a worker gets an upgraded title and more job responsibilities, but without an upgrade in compensation. The trend isn't new, but tends to resurface when the economy falters, according to a recent Wall Street Journal article noting that the number of employers offering people new job titles in lieu of commensurate raises has increased 5% since 2018, to 13% in 2024.
[/FONT]
[FONT=&]Like a bar that doesn't serve alcohol, dry promotions lack the heady ingredient that most clearly signals how much a business values an employee — money. So how should workers respond when their boss asks them to take on a greater role without also getting a bump in salary?
[/FONT]
[FONT=&]"They should reply by negotiating — negotiating and negotiating," Ray Smith, the Wall Street Journal reporter who wrote the piece, told CBS News. "And, basically, they can say, 'OK, I'd like to do this, I'd like to take this on, but can we talk about a salary increase? Or can we revisit the issue of a salary increase in three months if it's not possible now?"
[/FONT]
[FONT=&]Women tend to feel greater pressure than men to accept a dry promotion and often don't take up the issue with their managers, Smith said, citing job coaches.

"Women just tend to feel like they need to say yes to this promotion because they're either not going to get another one, or another opportunity, or they don't feel like they have the right or the confidence to negotiate or to stand up for themselves and say, 'I deserve more because you're giving me more responsibilities and you're asking me to take these additional responsibilities on, and it's not fair…" he said.

https://www.yahoo.com/finance/news/congrats-just-got-dry-promotion-145402012.html
[/FONT]
Click to expand...


YAY BIDENOMICS!!!!:cheer::yay:
 
I have heard of people getting promotion in title but not salary but I haven't heard of additional work responsibilities and no monetary increase. Yeah, would think people would push back against this.
 
BartenderElite said:
Well, wages in general are up, and outpacing inflation.
Click to expand...


This is one of the reasons I'm retiring (Friday, in fact!:awesome:). My wages are NOT keeping up, but due to huge inflation induced COLAs in 2 of my 3 pensions, I think I can keep my head above water. And tater head was right about one thing, my fucking snacks are getting smaller (even an old clock with dementia is right twice a day).


And let's not forget about 15 million added jobs, after the worst jobs President in modern American history
Click to expand...

According to PBS, he's only got to add 15 million more to catch up with what was lost during the pandemic! Relax! He's got a whole 8 months until the election! And seriously, give that "worst jobs President in modern American history" bullshit a rest. If it wasn't for that chicom virus, election fuckery and the stupidest, most virulent leftist electorate in history, Trump would be handing off the presidency to Pence or someone even more palatable to those congressional twinklepuffs.

 
BartenderElite said:
Well, wages in general are up, and outpacing inflation. And let's not forget about 15 million added jobs, after the worst jobs President in modern American history.
Click to expand...

wages-600.png

https://www.nytimes.com/2023/04/07/business/economy/wages-prices.html

Inflation = grey
Wages = Green

More workers find their wages falling even further behind inflation
https://www.dallasfed.org/research/economics/2022/1004

Wages haven't kept pace with inflation, and the vast majority of Americans have seen their purchasing power drop like a bomb.

Also, an HONEST assessment would say that somewhere between 2 and 3 million jobs have been added, the rest simply came back after the economy reopened.
 
Callinectes said:
This is one of the reasons I'm retiring (Friday, in fact!:awesome:). My wages are NOT keeping up, but due to huge inflation induced COLAs in 2 of my 3 pensions, I think I can keep my head above water. And tater head was right about one thing, my fucking snacks are getting smaller (even an old clock with dementia is right twice a day).

According to PBS, he's only got to add 15 million more to catch up with what was lost during the pandemic! Relax! He's got a whole 8 months until the election! And seriously, give that "worst jobs President in modern American history" bullshit a rest. If it wasn't for that chicom virus, election fuckery and the stupidest, most virulent leftist electorate in history, Trump would be handing off the presidency to Pence or someone even more palatable to those congressional twinklepuffs.
Click to expand...

All you're saying w/ the bolded is that Trump couldn't handle the one real crisis of his administration. Most Presidents could fake a decent economy with no crisis situations whatsoever.

Trump was a terrible President, in every respect. Why anyone would want 4 more years like the ones under Trump is incomprehensible.

EDIT: Congrats on the retirement.
 
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T. A. Gardner said:
wages-600.png

https://www.nytimes.com/2023/04/07/business/economy/wages-prices.html

Inflation = grey
Wages = Green

More workers find their wages falling even further behind inflation
https://www.dallasfed.org/research/economics/2022/1004

Wages haven't kept pace with inflation, and the vast majority of Americans have seen their purchasing power drop like a bomb.

.
Click to expand...

They do NOW. Maybe not in October of 2022.

You've really gotta check those dates when you're doing a quick google to try to debunk something. LOL
 
WSJ has a good article on it. It does reference this occurs when workers have less leverage but it can still work to workers benefit in the long run.



Your Promotion Doesn’t Come With a Raise. Should You Take It?

Whether to take a ‘dry’ promotion is a thorny dilemma. But with a little maneuvering, it sometimes pays off.


Congratulations, you’ve just been promoted. Wait, you were expecting a raise with that big, new job?

So-called dry promotions—the kind that bring bigger responsibilities without a pay increase—present a career dilemma. And some data suggest they’re becoming more common as companies manage their talent with tighter budgets. Businesses are devoting less of their 2024 salary budgets for raises tied to promotions than last year, according to benefits-advisory firm Mercer’s recent survey of more than 900 companies.

Meanwhile, 13% of employers recently polled by compensation consultants Pearl Meyer said they are relying on new job titles to reward employees when money for raises was limited, up from 8% in 2018.

Consider no-raise promotions a sign of workers’ ebbing leverage now that labor shortages have eased and companies are cutting costs where they can. Dry promotions tend to climb in times of economic uncertainty, executives and pay consultants say. Companies doled out hefty raises just to keep hold of workers when labor was in shorter supply. Now, some managers are shifting the duties of laid-off workers to remaining staff without a commensurate bump in pay.

“Giving away titles is free, giving away money is not,” said Tom McMullen, a senior client partner at global organizational consulting firm Korn Ferry.

The question of whether to accept a raise-free promotion is a thorny one. Agreeing to a bigger job without a financial reward can result in burnout and resentment and stall your climb up the pay scale. With some maneuvering, though, you may secure a payoff down the road or use your new credential to land a better-paying job elsewhere, negotiation experts say.

When the answer is ‘no’

Robin Lynn Valentino was initially excited when the beverage-industry company she worked for offered her a promotion a couple of years ago. Instead of managing her existing sales territory, she’d get to build a brand with a sales force in another state.

When she asked about a raise to go with her new role, she said higher-ups weren’t receptive. They emphasized what a career opportunity the move would be. “My heart sank,” said Valentino, who referenced the promotion offer on LinkedIn. “I knew my value.”

Plus, she no longer would be earning her own commissions. She declined the promotion and, about 18 months later, parted ways with the company after a merger. She now works as an independent contractor in the industry in the Sarasota, Fla., area.

“It feels very liberating to stand up for something that you know is not right,” she said, though the experience of being offered a no-raise promotion still rankles her.

Saying yes to a dry promotion makes sense when it’s a role that will propel your career faster than your current track, even if going without a raise is untenable longer term, career and pay consultants say.

Think of whether the promotion will help get you where you want to be in several years, suggests Dawn Fay, operational president at recruiting firm Robert Half. “You may get to be part of meetings and events that you wouldn’t otherwise, which can help you learn, grow and network,” she said.

Fay has also seen employees accept dry promotions, then start looking for another job with their latest role on their résumés. That may be one reason why recent data from payroll-services provider ADP show nearly 30% of people leave employers within a month of their first promotion.

Shift your negotiating strategy

Anecdotally, career coaches say they hear more from women who have been offered dry promotions than men. “Women tell me they feel pressure not to negotiate,” said Alexandra Carter, director of the

If you can’t negotiate an immediate raise to go with a promotion, set the stage for one in the near future, Carter said. Asking to revisit the discussion after a set time—say, in the next fiscal quarter—sends a firm but polite message. And get it in writing.

“If they say they can give you a raise ‘later,’ keep holding their feet to the fire,” she said. “‘When can we renew this conversation? Might we set up a meeting for June, when the compensation cycle begins for next year?’”

Tessa White, a career consultant and a former human-resources executive, recalls a tech-industry client who was asked to take on new responsibilities after a restructuring and told a raise wasn’t possible. The client, a senior project manager, wanted the role, so she agreed to do it for three months. She asked the company to put in writing that it would reassess an increase at that point.

“In three months, she got the increase, and they even backdated it to the day she got the promotion,” White said.

Meanwhile, forgoing an immediate pay raise can provide ammunition to press for other perks, such as a more flexible working arrangement, extra time off or access to a training program, career advisers say.

Krista Harrison, an associate professor and researcher at the University of California, San Francisco, said her own no-raise promotion at a healthcare company several years ago taught her a valuable lesson: When the person awarding the promotion said there’s no money for a raise, don’t expect that to change.

The company had just asked her to take a role overseeing a major initiative after the previous person doing it had left. When she asked about additional money or staff support, she was told, “Not at this time.” Harrison said she and the company agreed to revisit the raise subject in three months, but the follow-up talk never happened. She left soon after.

Since then, she said, “I’ve been much more cautious of the unfunded things I’ve been asked to take on, and I’ve been quicker to step off things.”


https://www.wsj.com/lifestyle/caree...r-title-and-no-raise-whats-your-move-b79c919d
 
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