Performance, pay & rewards · Core
Promotion
Also called: advancement
ELI5
Movement to a role or level with greater scope, status or reward.
Used in conversation
“Who owns promotion, and who has the authority to approve it?”
Pitch context
You will see “Promotion” in organisation plans, workforce reviews, change programmes and people reports when the discussion reaches performance, pay & rewards.
Why it matters: In performance, pay & rewards, a loose definition can change rights, obligations, approval, disclosure or enforceability.
Caution
Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.
Sources & evidence · 2
Direct term-level sources and supporting source families.
- U.S. Bureau of Labor Statistics — BLS GlossaryDirect source · primary · checked 2026-08-16
- OECD — G20/OECD Principles of Corporate Governance 2023Direct source · institutional · checked 2026-08-16