Step-by-Step Guide to Lateral Hiring

Step 1: Understand your need and define a role accordingly

Before looking for employees, you need to have a clear idea of things, like what skills are required, what amount of experience and knowledge is appropriate for the role, what will be the company’s expectations from the role, and the impact or change the employee could bring. After getting these things clear, define a job role which reflects the main responsibilities of the role.

Step 2: Define a budget

Decide the total cost which you are going to spend on the recruitment of employees. It should include all costs to a company such as salaries, benefits like rent allowance, medical benefits, Provident fund, etc. Maintaining a proper budget is necessary for getting clear about how much to offer.

Step 3: Build a comprehensive assessment framework

For assessing whether the employee is suitable for the role, a comprehensive framework which could include several steps such as screening, online tests, interviews, and simulations is used. Also, you have to use reliable and valid tools for taking these assessments. They are urgent as they will tell us about employee’s knowledge, skills, abilities, and personality.

Step 4: Market the Position

To find out the best candidates for assessment, you can use various platforms of social media such as LinkedIn, and Instagram for posting vacancies, you should refer to the vacancies on job boards such as Glassdoor, and Indeed, portals such as Google Jobs, your website, professionals such as recruiters, consultant, etc. It is a very crucial step, you need to market properly as it will help in attracting the right candidates for the job.

Step 5: Contact, assess and offer

After deciding on the shortlisted employees, you need to decide on a date and contact them for assessment. You need to assess them based on established criteria. After deciding the best candidates from the interview, you should make an attractive and competitive offer to employees among with good benefits. You should also make them clear about expectations by the company and the terms & conditions. You have to send an offer letter to the candidate to get the signature of the candidate’s acceptance.