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Benefits and Drawbacks of Internal/External recruitment

Why internal recruitment can be beneficial not only for the employee being promoted, but also for the business?
Because it would reduce costs
This would cause rumors between the staff
Because it can cause internal competition
 
What is the most advantageous feature of External recruitment?
Longer Process
New Ideas
Advertisement of the job
Internal recruitment can be as beneficial as external, why?
There are also people in the business who are really experienced
They might already work in the same market
The person is familiar with the job and get along with other staff (Teamwork)
Which one is easier in terms of commodity?
Promote someone and leave them in charge of the new role
Hire a friend you already know
Recruiting someone internally
A new selection process to find the best candidate
What is an advantage of recruiting externally?
Helps organizations meet equal employment opportunity
Places heavy burden on training and development
Can result in success of promotion
Can assess known past performance
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