Corporate Ladder

AAA

DEFINITION of 'Corporate Ladder'

A conceptualized view of a company's employment hierarchy in which career advancement is considered to follow higher rungs on a ladder, with entry-level positions on the bottom rungs and executive level positions at the top. "Climbing the corporate ladder" is a phrase used to describe one's advancement within a company through promotions.

INVESTOPEDIA EXPLAINS 'Corporate Ladder'

The higher an employee's position on the corporate ladder, the more difficult advancement becomes. An organization typically has many more lower, or entry-level, positions than it does management or executive positions.

RELATED TERMS
  1. Promotion

    1.In terms of a career, a promotion refers to the advancement ...
  2. Goldbricker

    Anything of limited or no worth that is passed off as genuine ...
  3. Career-Ending Move

    A huge mistake or bad decision made by an employee that has big ...
  4. Coaster

    An employee with low ambition and, consequently, low productivity. ...
  5. Cover Your Ass

    A tactic used by employees to share blame or divert blame should ...
  6. Peter Principle

    An observation that in an organizational hierarchy, every employee ...
Related Articles
  1. The Path To Becoming A CEO
    Professionals

    The Path To Becoming A CEO

  2. Broker Or Trader: Which Career Is Right ...
    Options & Futures

    Broker Or Trader: Which Career Is Right ...

  3. Careers In The Derivatives Market
    Options & Futures

    Careers In The Derivatives Market

  4. Wanna Be A Bigwig? Try Investment Banking
    Professionals

    Wanna Be A Bigwig? Try Investment Banking

comments powered by Disqus
Hot Definitions
  1. Correlation

    In the world of finance, a statistical measure of how two securities move in relation to each other. Correlations are used ...
  2. Letter Of Credit

    A letter from a bank guaranteeing that a buyer's payment to a seller will be received on time and for the correct amount. ...
  3. Due Diligence - DD

    1. An investigation or audit of a potential investment. Due diligence serves to confirm all material facts in regards to ...
  4. Certificate Of Deposit - CD

    A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate ...
  5. Days Sales Of Inventory - DSI

    A financial measure of a company's performance that gives investors an idea of how long it takes a company to turn its inventory ...
  6. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
Trading Center