Passed Over for a Promotion? How Companies Can Retain the Runner-up [Archive.org URL]

Losing out on a promotion is tough, and being passed over for a high-level position in favor of another candidate — either external or internal — can be a deal breaker for even the most loyal company soldiers. According to experts at Wharton and elsewhere, keeping employees happy after they fail to get a promotion is an important part of protecting a company’s most important asset — its high-performing talent — and it is one that too many firms overlook.

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