At first glance, ADP Research Institute’s report “The Hidden Truth About Promotions” confirms a startling but common observation about employee retention: It’s not unusual for people to leave an organization after receiving a promotion. In fact, researchers found that being promoted led to a nearly two-thirds increase in the risk a person would leave their job.
So, no more promotions ever, right?
No, that’s certainly not the case. But this finding does have ADP Vice President of Talent Management Sandy Thomas saying leaders should be thinking more critically about promotions and how they’re used effectively.