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The Pamphlet Collection of Sir Robert Stout: Volume 54

Promotion Should Always be Made by Selection

Promotion Should Always be Made by Selection.

Of course, the selection should be made, where possible, according to merit, and any arrangement that will give juniors an opportunity of distinguishing themselves beyond their fellows is, therefore, to be encouraged. For this reason it is desirable to encourage junior clerks in a life office to become members of the Institute of Actuaries, and to hold out to them the prospect of an increase of salary upon their passing the examinations. It may be that, in some departments of the work, promotion by merit is not found practicable; that for the work required to be done, as I have seen it stated with regard to officers in the army, one man is just as good as another. In this case I would say that promotion must still be by selection. However invidious the task may be, those who are responsible for the welfare of the institution must make a selection, and in making this selection I think that, in de- page 19 fault of more important distinctions, they may very properly be guided by personal and social considerations, and that promotion, even on this plan, will work better than promotion by simple seniority. I have said that the remuneration and promotion of the staff should be regulated by broad and fixed principles. The same should, I think, be the case as regards other classes of persons with which the office has dealings, as, for instance,