Question

In: Accounting

Explain with examples five (5) advantages and five (5) disadvantages of internal recruitment.

Explain with examples five (5) advantages and five (5) disadvantages of internal recruitment.

Solutions

Expert Solution

A business can recruit in two different ways:-

  • Internal recruitment is when the business looks to fill the vacancy from within its existing workforce
  • External recruitment is when the business looks to fill the vacancy from any suitable applicant outside the business

Internal recruitment

Advantages:

  • Cheaper and quicker to recruit
  • People already familiar with the business and how it operates
  • Provides opportunities for promotion with in the business – can be motivating
  • Business already knows the strengths and weaknesses of candidates
  • Can be the best way to climb the career ladder and get hired to a higher position and, consequently, get a raise.
  • It saves time and money during the handoff and training process

Disadvantages:

  • Limits the number of potential applicants
  • No new ideas can be introduced from outside
  • May cause resentment amongst candidates not appointed
  • Creates another vacancy which needs to be filled
  • Constant internal recruitment can result in a stagnant culture.

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