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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
Discuss the benefits of internal recruitment
Answer
Internal recruitment has several benefits for SuperSave:
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Morale Improvement: When staff members see opportunities for career progression, such as promotions or new roles, it can significantly boost morale. Employees feel valued and motivated, leading to enhanced commitment to the business.
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Familiarity with Operations: Internal candidates possess a thorough understanding of how the business operates. This reduces the need for extensive induction training, allowing for smoother transitions into management roles.
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Reduced Turnover: Filling management positions internally can minimize employee turnover. Employees are less likely to leave the company if they see potential growth opportunities within.
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Quick Fill of Vacancies: Internal recruitment can expedite the hiring process as the necessary knowledge about the candidates is readily available. This also leads to reduced costs related to advertising the role.
Step 2
Discuss the benefits of external recruitment
Answer
External recruitment also presents advantages for SuperSave:
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Wider Talent Pool: By seeking candidates from outside, SuperSave can access a broader range of applicants. This increases the likelihood of identifying the best candidate for the management role.
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Fresh Perspectives: New employees can bring fresh ideas and innovative approaches, stimulating change and growth within the organization.
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Diverse Experience: External candidates often come with a range of experiences from previous employment, enriching the skill set of the management team.
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Reduced Internal Conflicts: Hiring externally can mitigate the potential for conflict among existing staff. New hires won't have established relationships that could lead to tensions or biases, promoting a more harmonious work environment.