Lateral Move

What is Lateral Move?

A lateral move refers to a job change within the same organization or to another company where the new position has a similar level of responsibility, salary, and status as the previous role. Unlike a promotion, which involves moving up the career ladder, a lateral move allows employees to explore new roles, gain different experiences, or shift to another department without a change in hierarchy.

Why do employees make lateral moves?

  1. Skill Development: Gain expertise in a different domain or department.

  2. Career Growth: Expand career prospects by diversifying experience.

  3. Work-Life Balance: Move to a role with better flexibility or work conditions.

  4. Job satisfaction: Shift to a role that aligns more with personal interests.

  5. Avoid Burnout: Transition to a less stressful or more fulfilling role.

Benefits of a Lateral Move for Organizations

  • Encourages internal mobility, leading to better employee retention.

  • It helps in talent development by giving employees cross-functional experience.

  • Boosts team collaboration by allowing employees to work in diverse areas.

  • Reduces hiring costs as existing employees fill vacant roles.

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