Transfer involves moving an employee within an organization to a new job requiring similar skills, authority, and pay. There are several types of transfers, including production transfers due to changes in production needs, replacement transfers to fill vacancies, and rotation transfers to increase employee versatility. An effective transfer policy must be in writing, communicated to all employees, and clearly outline the types of transfers, selection criteria, authority over transfers, pay impacts, and any training requirements to ensure transfers are only made when necessary.