In my experience, companies that have a policy of type 1 promotions are not to be trusted with one's career.
Or rules about what the wood a managers desk furniture should be made of and how many square yards of carpet "he" was allowed - note the use of the male pronoun.
These are examples from a company I used to work for in the UK.
When he started telling the story, I assumed he was pulling my leg. Once he got about three levels in and had clear details on all the differences, I realized (sadly) that he wasn't kidding.