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No extra documentation is needed for promotion
Promotions are lagging, which means you must perform at the next level consistently. Generally that means you should be above target for at least 2 Connect cycles. For senior and principal level promotions, you must be handling the responsibilities of the higer level for 1-2 years.
The higher your level, the more approvals you need for your promotion:
Unfortunately, it's harder to get promoted on a team with many talented people. There are limited spots available for promotion, and it's generally harder to get promoted on a team which has many high-performers.