What is Lateral Hiring? Is it What your Company should Look for?

What is Lateral Hiring?When a company (the hiring one) hires a new employee on a very similar to the one ‘preceding’ on the basis of work experience, the pay and other things, so basically finding a fit for the empty space is what is called as Lateral Hiring.So, it’s the process of hiring a "skilled and Professional candidate" for the job that needs to be filled. Lateral hiring is said to be the one of the most widely used tools my most HR professionals, often by recruitment agencies, but it’s said that you must do it right to get it right!Lateral Hiring can sound almost like a hefty job to match, but what follows proper lateral hiring is nearly exceptional, having just the same amount of expertise, the knowledge, it may be worth it!Let the job to us and you can focus on your business!We at Adler Talent Solution, have fared among the top 10 Non-Tech HR Service Providers, provide variety of customized HR services tailor-made for every clients, we have marked our feat in lateral hiring which we have been doing well, for the past 4 years!When a company (the hiring one) hires a new employee on a very similar to the one ‘preceding’ on the basis of work experience, the pay and other things, so basically finding a fit for the empty space is what is called as lateral hiring.In the previous blog, we discussed about Lateral Hiring, and how exactly does the concept of lateral hiring fits in the hiring process of any HR Strategy.

What are the Employees looking for?Well, it’s always a difficult question to gauge as to what a candidate may look for, but usually starting a conversation directly asking for involvement would be a bold move to make, rather if they are asked first if they want a job change or otherwise should smooth out the process.Often serve them something of value and their issues may be answered:Undervalued - Candidates may feel it in their jobs, may be looking for better career opportunities.Fresh Ideas - Looking for fresher, more appealing perspectivesFlexibility - May be the previous job may have very stringent timing so looking for bettering that.Leadership - A few people are meant to lead may be they shall not be getting o express themselves much.Skill - May be the candidates are looking to expand their skill sets.Work Culture - Candidates are often a fan of good work culture, so if such a need is catered to, lateral hiring might crack it! There are people who like working in a diverse culture, more ethical, more progressive cultures!Wages - An Employee may be looking for better incentives and pay benefits from work.What can your Organisation Offer?When you understand the daily issues and problems of someone that you want to hire, you are in a much better position when you have to pitch your organisation to them.The best way to go ahead is by developing a set of offers and highlight specific areas of business of interest that you feel could benefit them in the long-term.These benefits may be:- A Flexible working day shows that your organisation is considerate of employee well being and happiness.- Lots of Opportunities for training and developing new skills.- Exciting new projects to work on and the chance to access leadership roles.- Projects that suit a lateral hires’ specific skill set and allows them to use their expertise.- A Mentor-Ship program that allows healthy progression into more advanced roles.- More involvement in the direction of your organisation.A Collaborative working culture that values the input and ideas of all employees.Lateral hires can be certainly effective in terms of recruitment, as they can bring new outlook and dexterity to your organisation.We at Adler Talent Solutions will help you narrow down the efforts of going through the constraints of Lateral hiring which on the other hand would be our forte to deal in. So, hesitate not thou, and feel free to contact us!

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