Saturday, July 11, 2015

Term of the Day: Corporate Ladder

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July 11, 2015
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:

The higher an employee's position on the corporate ladder, the more difficult advancement becomes. An organization typically has many more lower...

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