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What is a Management Dashboard?
The term Management Dashboard defines a wide range of data reporting and visualization tools or dashboards that allow using various performance & efficiency measures to report on an enterprise’s ability to organize and coordinate its activities in accordance with certain policies and in achievement of pre-determined objectives. What is a Management Dashboard?
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Money Management Action Plan

In this Money Management Action Plan you can read a range of tips and suggestions that will help you manage your money in an effective manner.

Money Management Action Plan
Home » Glossary » What is Employee Advancement
What is Employee Advancement  

What is Employee Advancement


Employee Advancement is a process of reaching a higher step on a career ladder, professional, and work/life development. Employee advancement is a progress which means a professional or administrative growth: it encompasses everything you achieve from the moment when you had been employed till the time you decide to retire. Advancement of employees may mean the following: 

  • Consistent climbing the corporate ladder until obtaining a higher managerial responsibility;
  • Transferring from a company to company for a better welfare or development opportunities;
  • Doing an excellent job, developing personal skills, and being objectively recognized for it; 

In other words employee advancement refers to any type of employee development, increase of competence and professionalism, raise of recognition or career promotion. Reasons of employees to seek for advancement are the following: 

  • Feeling unchallenged at current jobs;
  • Seeking a better compensation or higher benefits;
  • Seeking professional and personal growth;
  • Ambitions, and desire of a higher authority;
  • Seeking a better professional future;

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