What is dry promotion?
Dry promotion refers to a job advancement in which an employee receives a higher-level position and title without an accompanying increase in salary or benefits.
While such promotions may enhance an individual&rsquos job title and boost their resume, they do not include any financial reward or improvement in perks. According to a study, over 13% of employers opted for &lsquoDry Promotion&rsquo approach in 2024, up from 8% in 2018.
