I once turned down a promotion because there was nothing in it for me. No new challenges, no additional vacation or bonus, no exposure and most importantly no raise. Alison Doyle addresses this same issue in here article here: http://jobsearch.about.com/b/2011/06/14/job-promotions-without-a-raise.htm?r=twt
For ASD folk keep in mind that just because they say Promotion does not mean it is a promotion. In reality someone is trying to get you to do more for the same amount of money/compensation as before. Tread lightly and be polite if you turn them down.
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