I think you're generally right (I just took a demotion in title with a promotion in pay), but with the edge cases to avoid: 1. Cul-du-sac promotions where once

I think you're generally right (I just took a demotion in title with a promotion in pay), but with the edge cases to avoid: 1. Cul-du-sac promotions where once you're there you don't have a progression beyond 2. Promotions where you end up hating the work