Designation Moved Down In Organization Rebanding

Hi,

Before joining current company my designation was Senior Executive, with same designation joined current company in 2012 holding experience of 5Yrs 8monts.

This year there was organization rebanding with some criteria especially for those who are Software/Sr.Software, Executive/Senior Executive level like with more than 3years experience and complete last two appraisals will move to from Software to Senior Software same for Executive to Senior Executive. With me there are many people joined in last two years holding same exp and designation, keeping these criteria all our designation moved to one level down.

In mycase my supervisor promised me for promotion to Assistant Manager as i moved back to Executive even after promotion my designation will be Senior Executive. I raised this issue with HR generalist, they cosulted top management and came back this criteria cannot be relaxed for recently joined laterals also.

Can some one suggest what is the best way to deal with to sort things, as this my career and i am completing 7yrs in by next month.

Thanks

Karthi

You have not made it clear if there was a restructuring in entire organization or it happened only in your case. If this happened for all, then this type of restructuring is common in growing organization. All that should matter to you is that your seniority is protected, your job, your actual role in your work is not downgraded.
The "Designation" can keep vary from one organization to another. It really does not matter whether you put prefix "Senior" or not. All that is matter is the actual role in the project rather than fancy designation.
Thanks
Praveen.

Dear Karthi,
As Praveen has stated organizations restructure for various reasons. For example, some organizations reorganize when the head changes. This happened 3 times in a university setting. There were 13 departments some of which were merged to form 3 Faculties, when the institution attained university Status and the Principal became the Vice Chancellor (VC). Some Heads of Departments felt downgraded and left their jobs. After a couple of years, when a new VC was appointed, she disbanded the Faculties and created 8 Departments and Faculty Deans and Vice Deans were given (downgraded!!) new titles.
From your post, it appears that you have been with this company for just under 18 months and that the reorganization has affected all and not just you.