What Outperformers Do Differently to Tap Internal Talent
Only 10% of job opportunities are filled with internal lateral hires — which represents a missed opportunity for employers and employees alike. Existing workers’ institutional knowledge can help them quickly contribute in their new roles. Workers can also gain new skills that align with their career goals, leading to increased retention. Based on their research, the authors offer four practical insights to help companies that are currently underutilizing internal talent.