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. |
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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. |
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