{"id":169981,"date":"2023-09-13T08:21:07","date_gmt":"2023-09-13T08:21:07","guid":{"rendered":"https:\/\/www.aihr.com\/?post_type=hr-glossary&p=169981"},"modified":"2024-02-05T13:26:45","modified_gmt":"2024-02-05T13:26:45","slug":"lateral-transfer","status":"publish","type":"hr-glossary","link":"https:\/\/www.aihr.com\/hr-glossary\/lateral-transfer\/","title":{"rendered":"Lateral Transfer"},"content":{"rendered":"\n

Later transfer meaning <\/strong><\/h2>\n\n\n\n

A lateral transfer is when an employee moves to a new role within their company without changing pay grade or authority level. Unlike a promotion, a lateral move involves a sideways shift or transfer. <\/p>\n\n\n\n

This type of transfer can provide opportunities for cross-training<\/a> and potentially lead to a position with greater upward mobility<\/a> in the future. <\/p>\n\n\n\n

Lateral transfer vs. vertical transfer<\/strong><\/h2>\n\n\n\n

Internal transfers within a company can be either vertical or lateral. A vertical transfer means upward promotion within the same track, while a lateral move involves staying at the same level of pay or authority but changing teams, departments, or roles. <\/p>\n\n\n\n

Vertical moves generally offer higher salaries or leadership positions, while lateral transfers can provide career enrichment and future opportunities. <\/p>\n\n\n\n

\"Key<\/a><\/figure>\n\n\n\n

Examples of a lateral transfer <\/strong><\/h2>\n\n\n\n

There are many examples of lateral transfers to explore. Here are four examples: <\/p>\n\n\n\n

    \n
  1. An HR specialist<\/a> in the recruitment team transitions to Learning and Development<\/a><\/li>\n\n\n\n
  2. A member of the marketing team transitions to customer experience development<\/li>\n\n\n\n
  3. A project assistant transfers to a medical office assistant<\/li>\n\n\n\n
  4. A sales specialist transfers to personal account management<\/li>\n<\/ol>\n\n\n\n

    In each of these examples, the lateral move gives the employee an opportunity to use their existing skills in a new role while gaining new skills and working on new tasks that will broaden their professional experience. <\/p>\n\n\n

    <\/a>\r\n
    <\/div><\/div>\n\n\n

    Benefits of lateral transfer for the organization<\/strong><\/h2>\n\n\n\n