Hello All,
Can anyone update me on what lateral recruitment is and what significance it holds for a company? I kindly request that instead of providing links to different websites or webpages, you could share the information here. I would be truly thankful for that.
Regards
:roll:
From India, Delhi
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10Can anyone update me on what lateral recruitment is and what significance it holds for a company? I kindly request that instead of providing links to different websites or webpages, you could share the information here. I would be truly thankful for that.
Regards
:roll:
From India, Delhi
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When we do a lateral recruitment, it means we are recruiting a person who has almost the same kind of designation, role, or responsibilities (at the present company) as what we are offering him without any additional or only notional increase in salary.
Mostly, lateral recruitment would mean a movement at the same level of hierarchy with a similar role or responsibilities and with no salary hike, but to a different department or 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 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".
From India, Pune
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Mostly, lateral recruitment would mean a movement at the same level of hierarchy with a similar role or responsibilities and with no salary hike, but to a different department or 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 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".
From India, Pune
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