Lateral recruitment refers to filling the higher-level vacant position with employees who have experience in a similar department but in different roles. It is a proven strategy for both retaining the best talent of the company as well as attracting and hiring the best talent from outside.
While hiring a candidate there are many problems regarding the various aspects such as
Hiring the talent that increases your company’s efficiency. This provides the addition of talent to your firm and increases the efficiency as you hire experience into your firm.
Lateral Recruitment is a process of filling higher-level positions. It is always essential to keep in mind your needs and what your organization stands for. Here are some points that might help attract lateral hires to your firm;
Lateral hire is a career change, it is not considered as a promotion. Although, It gives a chance to gain new experience and polish your skills.