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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
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Improved Morale: Employees may exhibit improved morale due to greater variety and promotion opportunities available within the company. Career progression can act as a motivator, thus strengthening employee commitment to SuperSave.
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Familiarity with Operations: Employees who are already part of the business have prior knowledge of how it operates. This reduces the need for extensive training and minimizes the costs associated with induction.
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Reduced Turnover: Internal recruitment can reduce employee turnover as chances for promotion may decrease employees' desire to leave.
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Quick Vacancy Fill: Internal candidates can fill vacancies much quicker, reducing disruption in the business. This results in lower and quicker advertising costs, allowing for efficiency in the recruitment process.
Step 2
Benefits of External Recruitment
Answer
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Wider Candidate Pool: External recruitment allows SuperSave to widen its range of candidates, ensuring that the best candidate for the job is considered.
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Fresh Ideas: New employees often bring fresh ideas and perspectives, making it easier for SuperSave to embrace change and innovation.
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Varied Experience: Candidates from outside the company might possess wider-ranging experience and better skill sets, which can be beneficial for management roles.
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Minimized Internal Conflict: External recruits do not have established relationships within the business, which may help reduce the likelihood of conflict or tension that can arise from promoting existing employees.