Companies have been relying on temporary assignments for several years now, as they help them meet short-term business objectives and retain employees who are reluctant to permanently relocate.
However, as competition for the most highly-skilled workers intensifies, companies are using temporary assignments in a more strategic way — to fuel their talent pipeline.
Rotational assignments are becoming one of the more commonly used types of temporary moves, with nearly one-third (32%) of companies responding to our annual survey syaing their rotational volume will likely increase.
Rotational assignments are defined as a series of two or more assignments, typically short in duration, upon completion of which, an employee typically settles into a final, permanent location. The selection process is often rigorous, and companies focus on candidates who anticipate staying with the company long-term and possess the ability to transfer skills and experience learned on assignment back into the company.
For employees, rotational assignments present an opportunity to establish a career plan with one company, gain exposure to other areas of the business, and increase their value as “high-potentials.”
Below is our infographic on rotational programs with data you’ll be sure to find interesting.