Comment The peter principle only applies if.... (Score 1) 211
In my experience, companies don't promote people to having additional responsibilities before that worker has already proven that they are capable of handling those responsibilities, perhaps through a management training program. Such a promotion must actively be sought out by the employee.
The only other "promotions" that I know of are something like annual cost-of-living salary increases that the most respectable companies may offer to their employees, or else performance-based raises, which are not promotions either, being where one's duties and responsibilities remain essentially unaltered, but one has shown that they are providing a sufficient utility for the company to justify paying them more... generally because after factoring in training costs, the company feels they may have to pay more just to replace them and still get the same amount of utility.