Let's start with a question: Why job rotation? When a company has taken great pains to hire talented professionals for each role in its treasury and finance function, it may seem counterintuitive to then suggest moving those people into different positions.

The truth is, however, there are tangible benefits of doing just that. The more your employees have an appreciation for the contributions and priorities of others in your company's finance function, the better they're going to perform in their own treasury roles. They'll also be able to better understand your customers, whether internal or external.

There is strong evidence that job rotation programs are a worthwhile investment. Respondents to a Robert Half Management Resources survey conducted in 2016 said this practice strengthens the organization by giving staff broader business exposure, gaining fresh perspectives, and enhancing professional development and succession planning.