firstname.lastname@example.org Started The Discussion:
Can anyone update me on what is Lateral Recruitment & what significance does it make for a Company?Request you all that instead of providing me links to different websites or webpages if you could please put on the matter here. Really be thankful for that.
When we do a lateral recruitment, it means we are recruiting a person who has almost the same kind of designation / role / responsibilities (at the present company) as that you are offering him without any additional or only notional increase in his salary.
Mostly, lateral recruitment would mean a movement at the same level of hierarchy with similar role / responsibilities and with no hike but to a different department / section of the same company.
By definition, 'lateral' means
- of or pertaining to the side; situated at, proceeding from, or directed to a side: a lateral view.
- pertaining to or entailing a position, office, etc., that is different but equivalent or roughly equivalent in status, as distinguished from a promotion or demotion: a lateral move.
- Of or constituting a change within an organization or a hierarchy to a position at a similar level, as in salary or responsibility, to the one being left: made a lateral move within the company.
situated at or extending to the side; "the lateral branches of a tree".
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