DEMOTION
Demotion
A demotion is a compulsory reduction in an employee's rank or job title within the organizational hierarchy of a company, public service department, or other body. A demotion may also lead to the loss of other privileges associated with a more senior rank and/or a reduction in salary or benefits. An employee may be demoted for violating the rules of the organization by a behavior such as excessive lateness, misconduct, or negligence. In some cases, though, an employee may be demoted as an alternative to being laid off, if the company is facing a financial crisis. A move to a position at the same rank or level elsewhere in the organization is called a lateral move ...The above text is a snippet from Wikipedia: Demotion
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demotion
Noun
The above text is a snippet from Wiktionary: demotion
and as such is available under the Creative Commons Attribution/Share-Alike License.