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Transitory employees

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Transitory employees
Transitory employees are defined as experienced, skilled workers who have less than five years of tenure with their current employer. There are two types of transitory employees: Intra-industry and Extra-industry.
An intra-industry transitory employee already possesses knowledge of the business/industry language and technical aspects of the job and only requires training in their new company’s culture and ways of doing business. Sources for these candidates can be either:
• Internal—transfers from a different department within the same company,
• Quasi-internal—transfers from suppliers or customers, or
• External—transplants from directly or indirectly competing firms.
An extra-industry transitory employee has functional job experience from a differing industry. Source fields for these candidates can be either converse or correlative. Converse candidates are career-switchers who, with the aid of an advanced degree or other resume-enhancing tool, have a background in an unrelated or contradictory field. Correlative candidates have a background in a core field that is either complementary or synergistic. Complementary fields such as accounting, finance, or operations are directly applicable to a multitude of companies. An example of this type of transition is when an accountant switches from a position in the healthcare industry to a position in the aerospace industry. When companies have a need for an employee that can handle multiple roles, they often narrow the scope of their to candidates from synergistic fields. An example of this is when an employer has an opening for a candidate with a strong background in finance but is conversant in another field, such as marketing.
To Retain transitory employees, it requires targeted planning and institutions that should begin from within. These devices must identify internal candidates that meet the classification criterion of a “transitory employee,” then be able to formulate a plan from the gathered and

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