question archive Economics of Workplace Management: If an employee is good at his/her job, she/she will be promoted

Economics of Workplace Management: If an employee is good at his/her job, she/she will be promoted

Subject:EconomicsPrice: Bought3

Economics of Workplace Management: If an employee is good at his/her job, she/she will be promoted. But then, eventually, he/she will reach a position where his/her contribution is not valuable enough to receive another promotion: the employee will settle at a job where he/she is not very good at! This simple logic is also known as "Peter Principle". According to the Peter Principle, what is the overall point and the reading's main findings? Find and explain a performance metric that in your opinion would help mitigate this issue.

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