What term describes the advancement of an employee to a higher position with increased remuneration and responsibilities?

The term that describes the advancement of an employee to a higher position with increased remuneration and responsibilities is "promotion." This concept involves recognizing an employee's skills, contributions, and potential for higher performance by moving them into a role that typically involves greater authority, broader responsibilities, and usually a higher salary.

Promotions are often seen as a positive career development tool that reflects an employee's hard work and commitment to the organization. Achieving a promotion can boost morale, increase job satisfaction, and motivate the individual to continue performing well.

In contrast, other terms like transfer, which implies moving an employee to a different position at the same level, and demotion, which includes moving an employee to a lower position with reduced responsibilities or pay, do not align with the concept of advancement that a promotion entails. The term "realignment" typically refers to a restructuring of job roles or functions within an organization without necessarily implying an increase in position or salary.