(Shared by Brad Bapst, Director, Small Business Development Center, OSU South Centers)
Business News Daily
By Chad Brooks, Business News Senior Writer
January 4, 2017 8:45 a.m. EST
Moving up the corporate ladder means more to many employees than getting a bigger paycheck, new research finds.
A study from the people and organizational advisory firm Korn Ferry revealed that 63 percent of employees would prefer to get a promotion with no raise than a salary increase with no promotion.
Dennis Baltzley, a Korn Ferry senior partner and the firm’s global head of leadership development, said employers should take this finding into consideration if they want to hold on to their top workers.