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  • Subatra Krishnasamy

    Member
    November 12, 2021 at 3:25 pm

    Its faster to recruit internally compared to recruiting externally, it also ensures retention of employees as they are given opportunity to grow and expand their horizon within the organization which also motivates them to perform well.On the other hand external recruitment would open doors to new faces with new ideas and skills, would bring about changes that may be necessary for businesses to grow to compete in its industry

    Businesses that are planning to expand their market, to foreign jurisdictions should recruit externally, this is because the local employees best understand local culture thus would help business to compete in the local market and excel. Where business are focusing employee retention and to minimize labour cost should recruit internally

    Factors such as employees age, lack of niche skilled workers and business expansion are important factors for a firm to switch from internal to external recruitment, where else cost , employee retention and to reward employee loyalty would be factors for business to move from external to internal recruitment