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Career plateau occurs when an employee has reached the highest position or level they can possibly obtain within an organization and have no future prospect of being promoted due to a lack of skills, corporate restructuring, reaching the highest point of the corporate ladder, or other factors.
Reasons for a Career Plateau
The main causes, such as the ones identified above, will determine how a career plateau is managed. An employee only needs to look for a new position in a larger market or a new firm with more career chances if they have outgrown their current position or have reached a higher degree of seniority at their current employer but have nowhere else to grow. Otherwise, necessary actions can be taken to overcome the internal factors causing the career plateau.