Join Elizabeth Harvey, Head of HR at HSBC, and Jo Carlin, Senior VP HR at Firstsource, as they dive into pressing HR issues. They explore the troubling trend of 'dry promotions' where employees gain responsibility without extra pay. Is there a work ethic crisis in the UK? The conversation also touches on how to intelligently learn from failures and the balance of psychological safety in the workplace. Plus, they dissect the evolving dynamics of job value and the importance of equitable pay practices.
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Dry Promotion Experience
Jo Carlin's first promotion involved increased responsibility without increased pay.
She felt grateful for the opportunity at the time.
volunteer_activism ADVICE
Negotiating Dry Promotions
Evaluate changes in workload and responsibilities when considering a dry promotion.
Negotiate for benefits like flexibility or pay if the scope significantly increases.
insights INSIGHT
Dry Promotions and Unfair Pay
Dry promotions can exacerbate unfair pay, especially for women returning from leave.
People leaders should use available tools to ensure fair treatment during role changes.
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Workers are being afforded more responsibility with no uplift in pay - but how commonplace are ‘dry promotions’? How do we decide the value of a job and therefore how much an employee gets paid? Does the UK have a work ethic crisis? And can you fail ‘intelligently’ or do mistakes always carry a risk?
In this episode CIPD Director of Profession David D’Souza is joined by Head of HR, UK Functions at HSBC, Elizabeth Harvey; and Senior VP HR Europe and Global Head of Inclusion and Diversity at Firstsource, Jo Carlin.
Recorded: 7 February 2025
CIPD 
