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'Dry Promotion': All about new job trend that is worrying employees

  • A new job trend dubbed "dry promotion" is on the rise, where employees receive a title bump without a salary increase.
  • Reports show over 13% of employers opt for this, up from 8% in 2018. This trend reflects the waning bargaining power of workers and is fueled by economic uncertainty and cost-cutting measures. 
  • Social media posts highlight employees' frustrations, with advice urging them to seek better opportunities elsewhere.
  • Suggestions include negotiating for flexible schedules or extra benefits. As companies redistribute responsibilities without raising pay, employees face stagnant wages, prompting concerns about long-term financial viability.

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