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Increase in wage or salary without increase in status is called ______. - Business Studies

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Question

Increase in wage or salary without increase in status is called ______.

Options

  • upgrading

  • degrading

  • demotion

MCQ
Fill in the Blanks
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Solution

Increase in wage or salary without increase in status is called upgrading.

Explanation:

  • When an employee receives an increase in wage or salary without any change in their position, rank, or status, it is known as upgrading.
  • It is a way to reward the employee for good performance or experience without promoting them to a higher role.
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Chapter 11: Staff Promotion and Transfer - EXERCISES [Page 155]

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Goyal Brothers Prakashan Business Studies [English] Class 12 ISC
Chapter 11 Staff Promotion and Transfer
EXERCISES | Q I. B. 1. | Page 155
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