A better job title does not always come with a bigger paycheque, according to new research.

A new study by staffing firm OfficeTeam has found that nearly two in five HR managers (39 per cent) say it is common for their company to offer employees promotions without salary increases.

Sixty-four per cent of workers said they would accept a higher title that does not include more pay.

The study also showed male employees and respondents ages 18 to 34 are most likely to take a promotion without a raise.

The experts came up with five tips for workers when considering accepting a promotion without a raise:

Get the details - Discuss the new role's responsibilities and expectations with your boss before making a decision

Weigh the pros and cons - Think about whether the position aligns with your personal and professional aspirations

Request a follow-up - Ask for a compensation review in three to six months

Check on other incentives - Aside from pay, you may be able to negotiate a flexible schedule, extra vacation time, a bigger bonus, professional development opportunities or stock options

Decline gracefully - If you decide to turn down a promotion, diplomatically explain how staying in your current role is better for you and the company