Lateral recruitment refers to the hiring of experienced professionals from other organizations at similar levels rather than promoting internal candidates or hiring entry-level employees. This strategy aims to bring in fresh perspectives, specialized skills, and industry knowledge that can enhance organizational performance. Lateral recruitment is particularly beneficial for filling niche roles or leadership positions where specific expertise is required. It fosters diversity of thought and can accelerate innovation within the team. By attracting seasoned professionals, companies can also reduce training time and increase productivity, making lateral recruitment a strategic approach in today’s competitive job market.
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