What are characteristics of an effective promotion policy?

Some good characteristics of an effective promotion policy are:

1. Intentions of the policy is clearly communicated.

2. Consistency of the policy with the goals and thinking of upper management.

3. The scope of the policy, such as who is the policy covers, is clear.

4. The responsibilities and opportunities of the employees are defined clearly.

5. Responsibility of the manager who the employee will report to is defined.

6. Procedures are clearly described, such as how employees will be notified of openings, time deadlines and data to be supplied by the employee, how requirements and qualifications will be communicated, how the selection process will work, and how job offers will be made.

7. Rules regarding compensation and advancement are included.

8. Rules regarding benefits and benefit changes as they relate to advancement are included.