What Is Lateral Hiring?
Lateral hiring is a method of hiring experienced people to occupy positions of the same level or a comparable job position as the one they were in before. Lateral hiring enables organizations to acquire specialization, experience in industries, and new ideas without spending many years onboarding. This kind of recruitment is typical with middle-level and top positions where experience is paramount.
Lateral employment assists firms in meeting skills shortages within a short period of time, building leadership pipelines, and reducing competitive edge by acquiring skilled talent.
Examples
The company focused on lateral hiring to strengthen its mid-management team.
Lateral hiring helped fill the role with someone who already had industry experience.
Tech firms rely heavily on lateral hiring for specialized roles.
Similar Words
- Experienced Hiring
- Mid-Career Recruitment
- Same-Level Hiring
- Professional Talent Acquisition
- Expertise-Based Hiring
