M

Lateral Hiring

Definition

The recruitment of experienced professionals from other organisations at the same or similar level in the hierarchy.

Context & Importance

Helps in acquiring skilled talent quickly without going through junior training cycles. Often used for critical, niche roles.

Use Cases

• Hiring a senior developer from another tech firm.
• Onboarding a finance manager with domain expertise.

Related Concepts

External hiring, executive search.

TankhaPay Relevance

Track and tag lateral hires separately to optimise onboarding and role integration.