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Discuss the benefits of both internal and external recruitment for management positions for a business such as SuperSave. - Leaving Cert Business - Question 5 (A) - 2016
Question 5 (A)
Discuss the benefits of both internal and external recruitment for management positions for a business such as SuperSave.
Worked Solution & Example Answer:Discuss the benefits of both internal and external recruitment for management positions for a business such as SuperSave. - Leaving Cert Business - Question 5 (A) - 2016
Step 1
Benefits of Internal Recruitment
Answer
Internal recruitment offers several advantages for a business like SuperSave:
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Morale Improvement: Employees tend to have higher morale when they see that their company promotes from within. This leads to greater job satisfaction and a stronger commitment to the business as employees feel valued and motivated.
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Knowledge of Operations: Internal candidates already understand the company’s operations. This reduces the need for extensive training, as they know the company’s culture and practices, leading to lower induction costs.
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Reduced Turnover: By promoting from within, SuperSave can decrease staff turnover, as employees will have more career progression opportunities, making them less likely to leave for other opportunities.
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Quicker Fill of Vacancies: Internal applicants can fill vacant positions faster, resulting in less disruption within the organization. This can also lead to lower hiring costs associated with advertising for new candidates.
Step 2
Benefits of External Recruitment
Answer
External recruitment also provides notable benefits:
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Wider Candidate Pool: External recruitment allows SuperSave to access a larger variety of candidates, which increases the chances of finding the best candidate for the role.
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Fresh Ideas and Perspectives: Bringing in new employees can introduce innovative ideas and perspectives that can help SuperSave evolve and adapt to changes in the market.
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Diverse Experience: Candidates from outside the organization can bring diverse experiences from different industries, potentially introducing higher skill sets that aren’t available among current employees.
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Limited Conflicts: Hiring externally can reduce potential conflicts that might arise from promoting existing employees, as new hires may have fewer pre-established relationships that could lead to office politics.