Corporate Ladder

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.

BREAKING DOWN '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.