What is Internal Promotion Rate | Meaning & Definition | Akrivia HCM

An Internal Promotion Rate refers to the promotion rate of a company’s employees. Within an organization aspiring to be innovative and flexible, people are promoted from within. This concept may differ from other companies that encourage outside the organization through external recruitment, merit-based examinations, or lateral transfers.

Let’s Recruit, Reward, and Retain
Your Workforce Together!

Request a Demo
Request a demo image