Internal mobility is the movement of employees in their career in the same company, whether it is to a different department a promotion, demotion etc.
One of the reasons companies consider internal mobility is because it saves costs as the company does not have to hire externally and can just make use of the internal employees when opening new roles or departments.
This increases employee retention rates, as employees feel needed and important in the company since they are excelling in their career and also it brings greater diversity and innovation to the workplace.
The types of internal mobility are promotions, Intradepartmental & interdepartmental transfers, new roles, mentorships, job swaps and supplementary projects.
Some benefits of internal mobility excluding the increased retention rates are more good talent being attracted to your company as with internal mobility your company will make a good name for itself it terms of employee satisfaction thus attracting more talent from outside, another benefit is also employees being more skilled as they are being promoted etc.
Some ways to start internal mobility in a company is having an internal talent acquisition team, cross-train employees and also using technology to enable internal mobility. This can map out internal career paths and provide you with insights into your employees and job roles using AI solution tools. Educating the managers about internal mobility is also very important when starting it.
Companies must also look at this as a long term investment since it can be a huge investment at first, most companies are thrown off when they see how much they need to invest at first but it will always be worthwhile.
In short internal mobility helps you maximize the potential of your workforce. Giving your employees ample opportunities to move within the company will bring a lot of business benefits, including employee retention, innovation, bridging skills gaps, and ultimately increasing the company’s performance.
Article written by Shani Jay
Adapted by Peter-John Saal