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Let’s be very honest here, finding candidates itself is very difficult let alone finding those with specific skill sets in mind. Lateral hiring is a source of headache for most companies who are looking for candidates showcasing certain skills but are unable to find the best. This is where the work of virtual sources comes in and we provide you with a holistic experience when it comes to lateral hiring. Our entire regiment has been built as such so that clients get exactly what they are looking for without any hassles!
It often happens that the needs of the company demand someone who belongs from a particular background or possesses a certain training or degree. Technically speaking it is the process of hiring candidates who belong to a certain specialization which is very important for the company to gain profits.
In most cases, one can see that lateral hiring involves approaching those candidates who are already working with competing brands or companies. The entire process can be a little confusing and this is the reason why you need professionals to make the best out of it. Lateral hiring is an intricate process and if not done in the right way it can attract unnecessary competition.
It is undoubtedly true that lateral hiring is very different from your permanent hiring regimen. Here the preferred candidates belong from a certain company or with some experience with specific skill sets which is fruitful for your current working model. However, often it happens as such that the search for these candidates is not successful enough due to lack of exposure and understanding of the market.
Virtue Sources are here to help you with the best of lateral hirings no matter what your requirements are. We have a very wide database that is spread across various domains, be it IT, Non-IT, Finance, Banking, Manufacturing, Pharma, or any other branches!
Lateral hiring is an intricate process and hence it is always advised that you depend on professionals who know the market well and can save you both resources as well as energy!
Understanding the skills and competencies required for each role allows HR to design targeted training and development programs that empower employees to excel.
Job analysis data informs compensation structures, ensuring that salaries are equitable and competitive within the industry and the organization.