Lateral Hiring

Meaning & Definition

Lateral hiring refers to the practice of employing experienced personnel from external organizations at similar or even more prestigious positions within their organization. Unlike campus recruitment or graduate recruitment, lateral hiring is aimed at candidates who already have the necessary skill set and experience in the particular field. Lateral hiring has several advantages within Human Resources Management.

Important Features of Lateral Hiring

• Supports in filling job openings quickly using professional people.
• Uses special skills and industry knowledge to benefit the organization.
• Saves time for training purposes since employees are experienced.
• Favors organizational growth through staffing.
• Strengthens organizations by acquiring external talent.

Applicable Rules & Policies 

There is no statutory compliance requirement for lateral hiring in India. However, employers must ensure fair hiring practices by verifying the credentials of candidates, adhering to the terms of employment, conducting background checks, and maintaining non-discriminatory practices.