Current:Home > MyCongrats, you just got a "dry promotion" — no raise included -ProfitClass
Congrats, you just got a "dry promotion" — no raise included
View
Date:2025-04-16 22:46:15
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.
Two-thirds of female professionals think their salaries are unfair, according to a recent survey by Glassdoor that also noted that women at every level of education earn 20% less than their male counterparts for doing similar jobs.
Are there advantages?
Judging from comments on Reddit in reaction to a thread called "Promotion but no salary increase," most people view dry promotions as unfair. But even without a salary increase, there can be benefits to a dry promotion, Smith said, sometimes giving employees a shortcut to a bigger role and, ultimately, higher pay.
"You can stay with the company and [let] it sort of give you goodwill because they think you're a team player," Smith said. "You get to network, you have this bigger title, you get to meet people you might not necessarily meet if you were in your lower position — so it's a chance to network and maybe get higher faster."
And if it doesn't lead to any of those things, employees can at least come away with a higher-level title and perhaps a wider range of experience, which could lead to opportunities with another employer.
"You can sort of put that on your Linkedin or on your resume as you got this title and maybe you didn't get the money now, but that puts you in the marketplace," Smith said. "Recruiters will see that, other companies will see that, so it's a chance for you to have better opportunities and get what you're worth somewhere else."
veryGood! (52)
Related
- The White House is cracking down on overdraft fees
- UEFA Champions League draw: Every team's opponents, new format explained for 2024-25
- If you buy Sammy Hagar's Ferrari, you may be invited to party too: 'Bring your passport'
- Mike Tyson says he uses psychedelics in training. Now meet some of the others.
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- Krispy Kreme offers a dozen doughnuts for $2 over Labor Day weekend: See how to redeem
- Florida set to execute Loran Cole in FSU student's murder, sister's rape: What to know
- A Pivotal Senate Race Could Make or Break Maryland’s Quest for Clean Energy Future
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- No cupcakes at school for birthdays? Teacher says they're 'too messy' in viral video
Ranking
- Jamaica's Kishane Thompson more motivated after thrilling 100m finish against Noah Lyles
- A Hong Kong court convicts 2 journalists in a landmark sedition case
- Darlington honors the late Cale Yarborough at his hometown track where he won five Southern 500s
- More motorists are dropping insurance. Guess who pays the price?
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- Will Deion Sanders' second roster flip at Colorado work this time? Here's why and why not
- Run to Anthropologie’s Labor Day Sale for Dresses, Accessories & More Starting at $13, and up to 80% Off
- AP Week in Pictures
Recommendation
IOC's decision to separate speed climbing from other disciplines paying off
Georgia puts Cornel West and Claudia De la Cruz back on the state’s presidential ballots
Stephen Curry agrees to $63 million extension with Warriors for 2026-27 season
Loran Cole executed in murder of Florida State University student whose sister was raped
The White House is cracking down on overdraft fees
Jenna Dewan and Channing Tatum’s Daughter Everly Steps Up to 6th Grade in Rare Photo
What to know about Day 1 of the Paralympics: How to watch, top events Thursday
Harris, Walz will sit down for first major television interview of their presidential campaign