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1.
Using one's business/social rank as a vehicle for aggressive uninvited seduction. Replete with rewards and penalties for compliance or non-compliance. An extreme example would be: “Doing the maid.” Exploiting people sexually thru seniority.

Ranky Panky is also a form of sexual exploitation -or- using sex as a tool to advance oneself in an organization.

2.Thru Ranky Panky she/he was able to climb the corporate ladder quicker than others more qualified.

Derived from Hanky Panky

The CEO engages in Ranky Panky.
by Michael Greenberg June 25, 2006
 
2.
Using one's business/social rank as a vehicle for aggressive uninvited seduction. Replete with rewards and penalties for compliance or non-compliance. An extreme example would be: “Doing the maid.” Exploiting people sexually thru seniority.

Ranky Panky is also a form of sexual exploitation -or- using sex as a tool to advance oneself in an organization.
A Company CEO can promise unspoken rewards and favour on the job for the secretaries who engage in Rank Panky.

2.Thru Ranky Panky she/he was able to climb the corporate ladder quicker than others more qualified.

Derived from Hanky Panky

The phrase was created as an homage to Robert Fullers work on Rankism and Dignity.
by Michael Greenberg June 24, 2006