‘Dry promotion’: New job trend causing concern among employees

In the wake of the rise of Artificial Intelligence (AI) post-pandemic, companies are restructuring, leading to layoffs. A new trend called “dry promotion” is gaining attention, where employees are given higher positions without a pay increase. This means more responsibilities and workload without a salary raise. Dry promotions are being discussed in corporate circles as a noteworthy development amidst the challenges of the current global economy.