Question

In terms of recruitment sources, discuss the importance of internal and external recruiting. More specifically, under...

In terms of recruitment sources, discuss the importance of internal and external recruiting. More specifically, under what circumstances is internal recruiting preferable? When is external recruiting advantageous?

Homework Answers

Answer #1

Recruitment simply means action taken to enlist new people for a new or existing task/job. Recruitment can take place through an external, which means from outside the organization or internally. which means from within the organization. Let us discuss when each of these sources is preferred.

Internal Recruitment is beneficial in many ways and doing it at the right time plays an important role. Internal hiring is needed when:

- You have determined that having an insider’s perspective for the role would be beneficial and timely than an external perspective.
- You have an internal job posting platform so that current employees know what types of job is available, and they have a clear understanding of the next steps in their career path at your company.
- Evaluating the internal prospects and determining that the candidate up for promotion is truly qualified and not being favored for improper reasons.

Apart from the above internal hiring is also helpful in the following ways:

- Reduce training costs: By recruiting internally you save on the costs associated with training new employees. Although training might be required in terms of operations/business specifically, you save on orientation and other training programs.

- Morale booster: An employee's morale is boosted when you are offered a job within the organization because of experience and good performance delivered by them. This improves their loyalty towards the organization as well.

- Save costs related to job postings and screening: You save costs because you do not have to invest time in interviewing candidates who might not be qualified.

- Reduce employee turnover: Unplanned turnover is mostly negative and shows that something is wrong within an organization. By hiring internally by matching the skill sets and providing them a job opportunity that they might like, you increase the chances of them staying with the organization longer.

External hiring is nothing but hiring someone from outside. This is advantageous when:

- External hiring can bring in someone who can bring in new ideas and new ways of doing things.
- You have a wider prospect to recruit so that you recruit the best workers with the most suitable skills.
- Hiring externally means you do not miss the chance to hire people with new skills and ideas.
- External hiring can be economical in terms of job training needed as they might be already trained and experienced.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
 A SWOT analysis looks at both the internal and external environment.     Discuss the importance of...
 A SWOT analysis looks at both the internal and external environment.     Discuss the importance of aligning the internal and external environment in strategic management. Please provide insightful analysis and elaborate more.
Debt management ratios Companies use different sources for financing their assets—internal resources as well as external...
Debt management ratios Companies use different sources for financing their assets—internal resources as well as external resources, and debt funding versus equity financing. Aunt Dottie’s Linen Inc. reported no long-term debt in its most recent balance sheet. A company with no debt on its books is referred to as: A company with no leverage, or an unleveraged company A company with leverage, or a leveraged company Which of the following is true about the leveraging effect? Under economic growth conditions,...
19.   Under to PSA 260, those matters that arise from the audit of financial statements and...
19.   Under to PSA 260, those matters that arise from the audit of financial statements and in the opinion of the auditor, are both important and relevant to those charged with governance in overseeing the financial reporting and disclosure process are called a.   Audit matters of governance interest b.   Significant audit matters c.   Auditor findings d.   Material misstatement in the financial statements 20.   Audit matters of governance interest to be communicated to those charged with governance ordinarily include a.   Audit...
What tools could AA leaders have used to increase their awareness of internal and external issues?...
What tools could AA leaders have used to increase their awareness of internal and external issues? ???ALASKA AIRLINES: NAVIGATING CHANGE In the autumn of 2007, Alaska Airlines executives adjourned at the end of a long and stressful day in the midst of a multi-day strategic planning session. Most headed outside to relax, unwind and enjoy a bonfire on the shore of Semiahmoo Spit, outside the meeting venue in Blaine, a seaport town in northwest Washington state. Meanwhile, several members of...
Amir-Ali Mohamed was born into a family whose most prosperous days were behind them in Nemeyistan....
Amir-Ali Mohamed was born into a family whose most prosperous days were behind them in Nemeyistan. His father was an opium addict who slowly squandered the family savings on opium and several failed business ventures. Mohamed’s’ mother came from money, but her inheritance was largely gone by the time he was a youth. After her death, the family’s financial circumstances became so bad that Mohamed was forced to leave school before graduating in order to find fulltime work to support...
Discuss ethical issues that can be identified in this case and the mode of managing ethics...
Discuss ethical issues that can be identified in this case and the mode of managing ethics Enron finds itself in this case. How would you describe the ethical culture and levels of trust at Enron? Provide reasons for your assessment. THE FALL OF ENRON: A STAKEHOLDER FAILURE Once upon a time, there was a gleaming headquarters office tower in Houston, with a giant tilted "£"' in front, slowly revolving in the Texas sun. The Enron Corporation, which once ranked among...
Team 5 answer the questions What are 4 key things you learned about the topic from...
Team 5 answer the questions What are 4 key things you learned about the topic from reading their paper? How does the topic relate to you and your current or past job? Critique the paper in terms of the organization and quality. Incentive Systems             In this paper, we will focus primarily on financial rewards that companies use to attract, retain and motivate the brightest and most talented candidates in the labor market. By providing a reward system that...
read PV Versus Diesel: A Cost-Benefit Analysis in the Nexus of Food and Fuel below and...
read PV Versus Diesel: A Cost-Benefit Analysis in the Nexus of Food and Fuel below and then answer the following questions: - What is the problem? - What are the alternatives? - What are the base case assumptions? - What measures do you suggest to compare the alternatives? PV Versus Diesel: A Cost-Benefit Analysis in the Nexus of food and fuel. U.S. Army provides field rations to forward troops. After Desert Storm and Desert Shield, where some troops ate packaged...
Discuss how the respective organizations’ relations with stakeholders could have potentially been affected by the events...
Discuss how the respective organizations’ relations with stakeholders could have potentially been affected by the events that took place at Enron and how the situation could have been dealt with differently to prevent further damage? THE FALL OF ENRON: A STAKEHOLDER FAILURE Once upon a time, there was a gleaming headquarters office tower in Houston, with a giant tilted "£"' in front, slowly revolving in the Texas sun. The Enron Corporation, which once ranked among the top Fortune 500 companies,...
The airline negotiations: A potential joint venture that did not get off the ground The grand...
The airline negotiations: A potential joint venture that did not get off the ground The grand vision The context for this case study was that the airline industry was seeking to recover from 9/11, the Sars outbreak and general uncertainty surrounding the Middle East. One industry response to these challenges was to look for opportunities to rationalise and grow through alliances. European airline was seeking to develop a position in the growing China market. At the same time, an Asian...