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Oyment Promotion Regulatory Requirements for Microfinance A Comparison of Legal Frameworks in 11 Countries Worldwide Eschborn 2003 Publisher: Deutsche Gesellschaft f r Technische Zusammenarbeit (GTZ) GmbH Postfach 5180, 65726 Eschborn Internet: http://www.gtz.de Division 41 Financial Systems Development and Banking Services financial.systems gtz.de Author: Stefan Staschen The Author can be contacted at s.staschen lse.ac.uk Responsible: Dr. Dirk Steinwand Layout: Chrystel Yazdani, OE 6002.
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Fpdos FAQ
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Vertical career growth means focusing on getting a promotion so you can attain your next job title. On the other hand, horizontal career moves centre around creating value for you and your company by increasing your knowledge.
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Vertical career growth means focusing on getting a promotion so you can attain your next job title. On the other hand, horizontal career moves centre around creating value for you and your company by increasing your knowledge.
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Expert-Verified Answer When you receive a vertical promotion, you are more likely to Gain management responsibilities than when you receive a horizontal promotion.
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There are three main types of employee promotion: vertical, horizontal, and dry.
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In an upgrade, the candidate continues to hold the same post without any change in the duties and responsibilities but merely gets a higher pay scale. Q. Promotion is defined as giving a higher position to the employee, which carries more responsibilities and higher status.
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a sales promotion which is available only to a specific, high-potential target; for example, a bank might wish to target graduating university students and send coupons to them by mail.
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A career promotion is when an employee moves to a higher position within the company. This is an act of recognition from the employer and usually comes with more responsibilities, increased authority, and a better salary.
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Examples of vertical promotions include moving from a Manager to Director, or Director to C-level Executive, with an increase in direct reports and decision-making responsibilities. Dry promotions involve all the responsibility of a new title, but without the benefits that come with it.
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