Why use a promotion agreement?
This agreement records a promotion and sets out the revised role and terms on a continuing employment basis.
Documents the change
Records the new title, duties, reporting line, and effective date of the promotion in writing.
Updates pay and benefits
Sets the revised salary, updated overtime classification, bonus eligibility, and any updated benefit entitlements.
Preserves existing terms
Confirms all prior employment terms remain in effect unless expressly changed by this agreement.
What this template includes
Promotion agreement covering new role, pay, overtime status, reporting line, performance terms, and updated policy obligations.
New role and duties
States the new job title, responsibilities, reporting structure, and effective date of the role change.
Revised compensation
Covers the updated salary, overtime classification, bonus terms, and payment schedule for the new role.
Performance expectations
Sets out KPIs, performance standards, and any introductory review period applicable to the new role.
Work location and modality
Confirms the primary work location and any office, remote, or hybrid arrangement for the new position.
Continuity of employment
States that prior terms remain in force and that the change does not create a new employment contract.
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