Question

With regard to promotion, explain the following:

Open Promotion

Answer 1

All the existing employees are taken as potential candidates by the company and announces internally such position openings.

Answer 2

Open Promotion refers to a promotion system where vacancies at higher levels are open to both internal and external candidates. In this system, employees within the organization are considered alongside qualified external candidates. It ensures a wider selection pool, bringing in fresh talent, new ideas, and diverse skills.