What is lateral movement in organization?
In a lateral move, an employee moves to an equivalent role in an organization. The new position usually has a similar salary range and a job title and is at the same level. The sideways move may afford the employee new opportunities or access to new skills.
What is lateral movement in BPO?
A lateral move in reference to employment is defined as a move to a different job with essentially the same title, pay and role either within your current place of employment or with a new company. A lateral job transfer may be initiated by either the employer or the employee.
What does a lateral transfer mean?
DEFINITION: Lateral Transfer: For the purposes of salary administration, “lateral transfer” means the movement of an employee from one position to another position with the same salary range.
When should I make lateral career move?
If you aspire to a general management role where it is useful to know different areas of a business, then a lateral move from one department to another is beneficial. If you already work cross-functionally and want a deeper understanding of another role, then taking a job in that new functional area makes sense.
How do you negotiate a pay increase for a lateral move?
Ask the recruiter or hiring manager how your current salary compares to similarly situated employees in your new department. Express your concern for parity and comparable pay for qualifications and skills you bring to the organization as a whole, as well as to your new position.
What does a lateral move mean?
At its simplest, a lateral move is when you take on a new job that’s at the same career level as your current job, but may have different duties. A lateral move is not the same as a career change, though, as you generally stay in the same career field or even the same company.
What does a lateral position mean?
Is it good to make a lateral move?
When it comes to your career path, sometimes “up” isn’t the only direction in which to travel. A sideways or “lateral” move — defined as a move either within your current company or to a new organization with similar title, pay, and responsibility — can often pay off in the future. Here are 14 reasons to make a lateral move.
What does lateral transfer mean in an organization?
A lateral transfer refers to when an employee moves from one position to another position at the same pay grade within an organization. Although this isn’t the same as upward mobility, such as a promotion, it does offer some unique benefits to both the employee and the organization.
When do you move from one position to another?
A lateral transfer refers to when an employee moves from one position to another position at the same pay grade within an organization.
When to talk to your boss about a lateral move?
If you’re contemplating a lateral move — whether on your own or one suggested to you — schedule a talk with your current boss. It’s possible your boss either does not know your ambitions or has a misconception about you or your situation.