
Would you accept a pay-free promotion?
Chicago Booth Review Podcast
Navigating Pay-Free Promotions
This chapter discusses the complexities of accepting promotions without an accompanying pay increase, contrasting poor and effective responses to such situations. It emphasizes the importance of empathy, clear communication, and self-reflection in negotiations, while also exploring the potential long-term benefits and strategic considerations involved. Additionally, the dialogue highlights the value of maintaining open communication regarding future compensation to ensure alignment between employees and their organizations.
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