What is Internal Mobility?
Internal Mobility means the internal movement of employees within a firm, including vertical and horizontal shifts to new career opportunities, skill development, and projects. It includes transfers, skill enhancements, promotions, and project assignments. Such programs facilitate employee growth, career advancement, and skill acquisition, promoting engagement, retention, productivity, and innovation. By strategically leveraging existing talent, internal mobility initiatives enable organizations to minimize hiring costs and cultivate a flexible workforce capable of adapting to evolving needs and opportunities.
Geeky Takeaways:
- Internal Mobility involves employees moving within a firm, supporting career growth and skill development.
- It is important for streamlining hiring, limiting costs, retaining talent, promoting diversity, and boosting engagement.
- Various types include vertical, horizontal, project-based, transfers, and promotions.
- Promoting internal mobility involves supporting managers, empowering employees, clarifying opportunities, prioritizing internal candidates, and using technology.
- Examples include promotions, transfers, new opportunities, mentorships, and special projects.
Table of Content
- Importance of Internal Mobility
- Advantages of Internal Mobility
- Disadvantages of Internal Mobility
- Examples of Internal Mobility
- How to Promote Internal Mobility?
- Best Practices of Internal Mobility
- Internal Mobility – FAQs