7+ Lateral Transfer: What's the Big Deal?

what is a lateral transfer

7+ Lateral Transfer: What's the Big Deal?

A move within an organization where an employee shifts to a new position at roughly the same salary grade and level of responsibility defines a specific type of internal job change. This type of move typically does not involve a promotion or demotion. An example would be a marketing specialist transferring from a role focused on social media to one centered on email marketing. The compensation and hierarchical standing generally remain consistent.

These types of reassignments can be beneficial for both the employee and the organization. For the employee, it offers an opportunity to develop new skills, broaden their experience, and avoid stagnation without sacrificing their current status. For the organization, it allows for optimal allocation of talent, cross-training of employees, and increased retention by providing internal mobility options. Historically, organizations have used this strategy to address skills gaps, improve employee engagement, and create a more versatile workforce.

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