Create a culture that means business™
Filling an open position with an outside hire takes time. According to Indeed, if a position isn’t filled within one month, there’s a 57 percent chance it will take three months or longer to find the right hire. Promoting an inside candidate is a great solution, as long as the employee is up to the new job. Here are seven promotion criteria to use when deciding whether your employees are ready to move to the next level:
1. They’ve asked for one
Asking for a promotion doesn’t guarantee ability or employee success, but it’s a sign that they want the new position. They’ll be motivated and eager to take on the new challenges.
2. They exceed their responsibilities
Promotion candidates should excel in their current responsibilities, but they should also stretch beyond the tasks assigned to them — without being asked. They view the success of the project as their responsibility and step up to make sure that happens.
3. They’re recognized as leaders
Just because employees don’t have direct reports doesn’t mean they can’t act like leaders. If others on the team turn to a particular employee for insight and guidance, he or she has already taken on a leadership role.
4. They’re curious
Employees who demonstrate interest in the big picture beyond their projects and task assignments are ready to start thinking about the bigger questions involved in running a project or business.
5. They create solutions
Some employees report problems up the management chain. Employees with leadership ability report the problem as well as the solution they created to address it.
6. They ask for feedback
Most people dread performance reviews, and many take offense at even constructive criticism. If an employee asks for feedback and applies it to improving his or her performance, that person has the motivation to develop new skills.
7. They manage themselves
If your employee understands the purpose of the business and project so well that he or she doesn’t need to wait for instructions on what to do next, that person can take more responsibility and use that insight to manage and guide others.
Promoting from within can boost employee morale, not only for the promoted employees but also for peers who know that career advancement is real. They’ll be motivated to strive for promotions of their own. That’s good for your business as well as for your employee engagement levels.