When an employee is promoted at a different time in the year than the usual time period when employees are given promotions. For example, if an employee is promoted in June, but employees are typically promoted in January, then that would be an off-cycle promotion.
Example: The employee launched a big project that turned out to be successful. The company's management rewarded the employee by giving him an off-cycle promotion.
Variations: off cycle promotion, off cycle promo, off cycle raise
Jargonism is a Business English dictionary. You can learn about words and phrases that are commonly used in the workplace like Circle Back, Thought Leader, and Offsite. We also have a Word of the Day, which is a daily Business English vocabulary word that is commonly used in the workplace.
On this site, we also have templates on how to communicate effectively at work, such as requesting PTO, declining a promotion, and taking a sick day.
Word: Close It Out
Definition: To mark something as completed.
Example: This task has been fixed, so let's close it out within the task tracker.