Internal mobility as a talent strategy brings greater ROI
Leveraging internal mobility to drive ROI is one of the four macro trends leading to the rise of alternative work arrangements, cross-functional teams, and project-based work. Hiring from within eliminates the expense of finding a new hire, accelerates the speed to productivity, and ensures a positive culture fit. It also gives employees room to grow and bolsters their engagement – important factors for sustaining long term, happy employees.
In fact, Deloitte reported in their 2019 Global Human Capital Trends Survey the following reasons for focusing on internal mobility:
– 38% of respondents are looking at internal mobility to build better leaders
– 31% cite the need to expand the business
– 32% believe mobility is required to increase employee engagement
However, many organizations stumble on the execution of seamless internal mobility. Siloed functional groups and manual or non-existent transfer processes make it cumbersome for talent to move from one team to another. A clunky process hamstrings your employee’s ability to immediately integrate and be impactful in their new team.
Fortunately, this can be easily remedied with something you already have in your HR/Hiring Manager arsenal – crossboarding.
Treat this internal move just like a new hire, with automated triggers that kick off a workflow curated to their role, situation, and location. Include all the information they will need for their new role in one easy to follow, mobile-first hub so they can feel good and prepared when they meet their new team.
This tweak will pay dividends as your employees will be able to easily move throughout the organization, empowering them to strengthen their internal network and pick up priceless firsthand knowledge from different teams and departments.