Pick any company on the Fortune 500 and you’ll see the same behavior to climb the “ladder”. A small corporation could be less than 1000 or so people and might not have that culture as much.
I worked at a Fortune 500 and the ladder was floating in a mist of opaque fog, with inexplicably shifting rungs.
Upside was that many of us just said screw it and focused on the work. Downside was that many said screw it and went to other companies where they could at least grok the ladder.