Defined path of job promotions or job levels at a company. For example for software engineering roles, a company might have the path from junior software engineer to software engineer to senior software engineer to lead software engineer.
Example: Many big technology companies have a pre-defined promotion ladder that employees are evaluated on for performance and career progression.
Variations: career ladder, promo ladder
Jargonism is a Business English dictionary. You can learn about words and phrases that are commonly used in the workplace like Circle Back, Thought Leader, and Offsite. We also have a Word of the Day, which is a daily Business English vocabulary word that is commonly used in the workplace.
On this site, we also have templates on how to communicate effectively at work, such as requesting PTO, declining a promotion, and taking a sick day.
Word: Close It Out
Definition: To mark something as completed.
Example: This task has been fixed, so let's close it out within the task tracker.