“Lateral Recruitment Process”

What is a Lateral Recruitment Process?

A lateral recruitment process is when a business looks to fill a key position with an external candidate from a similar field. This is commonly done to increase the diversity of their workforce, introduce innovation, and bring fresh ideas to the organization. By bringing in an experienced professional from outside a company, they can often have a wider range of skills and experience to draw upon.

Identifying Skill Gaps

The process of lateral recruitment starts with a business taking the time to identify any gaps in their current workforce. This is done by assessing current job descriptions and considering what additional skills may be necessary to move the business forward. Once the skill gaps have been identified, the recruitment process can commence.

Job Description and Position Specifications

Before the recruitment process begins, a thorough job description should be created. This should clearly outline the role and duties of the position, how it fits into the organization and any necessary qualifications and skills needed to succeed in the role. It should be made clear to potential candidates what the expectations of the position are and the potential rewards for working with the organization.

Sourcing Candidates

Once a business has identified a position to fill and created a job description, they will need to source suitable candidates. This can be done through online job resources or by using recruitment agencies to cast a wider net. Social media channels such as LinkedIn can also be leveraged to find the right candidates for the role.

FAQs

What is Lateral Hiring Recruitment?

Lateral hiring recruitment is the process of recruiting employees from outside the company for key positions. It can be used to fill current skill gaps in the workforce, introduce innovation, and bring diverse perspectives to the organization.

What advantages does lateral recruitment offer in terms of workforce diversity?

Lateral recruitment offers the opportunity to bring in employees with different skills, qualifications, and backgrounds. This can help to create a more diverse workforce with different perspectives, knowledge, and experiences.

Are lateral hires typically offered the same compensation as internal promotions?

Typically, lateral hires can expect to be offered similar compensation packages to internal promotions, as well as other benefits. Although, they may not receive the same level of recognition or potential for advancements as internal promotions.

Also, See: Recruitment Process Outsourcing | Lateral Recruitment Process