"Stop the Drain of Top Talent" ... Lotte to Introduce Internal Transfer System Within the Group Starting Next Year
[Asia Economy Reporter Jo In-kyung] Lotte Group is introducing a system that allows employees to transfer within group affiliates to prevent talent attrition.
According to the business community on the 25th, Lotte will operate an internal recruitment platform called 'In Career' starting January next year. When group companies post job openings on In Career, individual employees can apply regardless of their current affiliation, and the application status and recruitment process will be kept confidential. Also, once the final transfer is decided, the original company cannot block it.
Until now, transfers within Lotte affiliates were only made in the form of reassignment based on company needs, and there was no channel for individual members to change jobs on their own.
Lotte Group is known to have introduced this system with the purpose of preventing external talent loss and supporting employees' career management.
A Lotte official explained, "Unlike the existing affiliate reassignment where the company decides the transfer, this system is based on the individual's decision," adding, "The introduction of the internal transfer system means that the approximately 150,000 Lotte Group members now have the opportunity to freely transfer to other affiliates."
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This is also interpreted as a follow-up measure to Chairman Shin Dong-bin's emphasis on recruiting outstanding talent and organizational openness. At the second half president meeting in July, Chairman Shin stated, "The success or failure of our business depends on securing key talent who can think creatively and carry out tasks," and emphasized, "We will change the personnel system so that those who actively take on challenges can be highly evaluated even if they fail."
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