Lateral hiring entails selecting candidates with at least a few years of experience in similar roles to fill open positions. This form of recruiting enables businesses to tap into a pool of talent within their network, saving both time and resources. For businesses to reap the benefits, it is important to understand how the lateral recruitment process can be simplified to initiate and execute a successful recruitment campaign. However, given the intensity and magnitude of demand for top talent, companies should streamline the process to attract and retain a superior workforce. Here are a few tips on how companies can gain a competitive advantage by adopting the right lateral hiring strategy.