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HR glossary

What is Lateral Hiring? Meaning and Example

Lateral hiring is recruiting experienced people who already do a similar job at another company, usually into mid-level or senior roles, instead of hiring freshers or promoting from within. The term is common in Indian IT, banking, consulting and law firms, where a lateral hire joins at a level matched to their experience.

How lateral hiring works

A lateral hire arrives with years of experience, a current salary and a notice period to serve. HR and the hiring manager fix the level by comparing the candidate's actual work with your grade structure, not by their current designation, because titles vary between companies. A 'manager' at a 40-person firm may map to a senior executive grade in yours. The offer is usually built on current pay plus a hike, and the joining date depends on how long the candidate must serve at the current employer.

Benefits and risks

Lateral hires bring skills the company has no time to build: a plant head who has run a similar line, or a credit manager who knows the regional market. They become productive faster than freshers. The risks are cost, delays while the notice period runs, counter offers from the current employer, and friction with internal staff who were passed over. Pay parity is the common trap: a lateral hire may join on a higher salary than a loyal employee doing the same job, which hurts morale if nobody addresses it.

Good practice for lateral hires

The first six months decide whether a lateral hire settles in. A named buddy, clear KRAs from the first week and an honest probation review with the reporting manager help an experienced person adjust to your systems and culture.

Example: In March 2026, an NBFC in Indore needed a collections manager for its new Bhopal branch. Instead of promoting a first-time team lead, HR hired laterally: Rakesh Tiwari, with eight years in two-wheeler loan collections at another lender. His offer placed him in grade M2, not the 'Senior Manager' title he held, with a 20 percent hike on current pay. He served a 60-day notice period and joined on 18 May 2026.

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Frequently asked questions

What is a lateral hire in a company?

A lateral hire is an experienced professional recruited from another company into a role at a similar or higher level, rather than a fresher or an internal promotion. The term is widely used in Indian IT, banking, consulting and law. Lateral hires join at a grade matched to their experience and skills.

What is the difference between lateral hiring and campus recruitment?

Campus recruitment hires students or fresh graduates, usually in batches, into entry-level roles with training. Lateral hiring recruits people with work experience, one at a time, into mid-level or senior roles. Campus hires cost less but take longer to become productive; lateral hires cost more, serve notice periods and may receive counter offers.

How do you decide the salary for a lateral hire?

Start from your salary band for the role's grade, then weigh the candidate's current pay, skills and the market for that role. Avoid offering far above what internal staff in the same grade earn, since visible gaps cause resentment. Record the reasoning, and verify current pay through recent payslips before you finalize the offer.