Exploring Career Mobility through Lateral Hiring
India's talent landscape is experiencing a transition through corporate momentum as well as the initiatives of the government. From professional recruitment models like RPO services in India to structured learning initiatives like the National Apprenticeship Training Scheme (NATS), companies now have a number of choices to go about talent acquisition. Among them, one such crucial trend that requires closer examination is the one of lateral hiring. So, what is lateral hiring ? It refers to recruiting professionals with experience in similar roles from other organizations, typically at the same level of hierarchy. Unlike campus placements or entry-level hiring, lateral hires bring with them a rich blend of domain expertise, market exposure, and immediate productivity. This model of hiring is widely adopted in sectors like IT, finance, healthcare, and consulting where technical know-how and problem-solving abilities are essential from day one. What is Lateral Hiring Lateral recruitm...