Vertical Promotion

Vertical Promotion

A promotion to a position of greater managerial authority (and therefore more compensation). For example, the vice president for operations may receive a vertical promotion to company president. See also: Horizontal Promotion.
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The vertical promotion opportunities that existed in the past are getting rarer, limiting the options for those currently in employment.
Those embarking on new careers will find the Investment Associate role particularly attractive, as it allows employees the potential to succeed in an achievement-based culture with excellent lateral and vertical promotion opportunities.
Instead of promoting and supporting lateral transfers as a valuable career move and a viable alternative to traditional vertical promotions, for example, companies continue to overemphasize the "onward and upward" trajectory, which results in the creation of more organizational layers.