MT203 Unit 4 Discussion Advantages and Disadvantages of Hiring Insiders
Topic: Advantages and Disadvantages of Hiring Insiders
Many companies fill vacant positions with people who already work for the company and accept a promotion or a transfer. Filling positions internally has advantages and disadvantages.
- Should companies fill positions internally or externally?
- Discuss how filling positions internally might impact the organization.
- Explain the benefits of filling a position with an internal source. Explain the limitations.
MT203 Unit 4 Discussion Advantages and Disadvantages of Hiring Insiders Answer
Hi class –
When companies are hiring it is very important to think about whether you want to hire them internally or externally. If a company wants to fill a position quickly, they could consider someone internally. When hiring internally, there is no onboarding and the employee can get started much quicker. If there is some special skill that is needed or a gap that needs to be filled – then hiring externally makes more sense. These hires may be more costly if they have a more specific skill set, but sometimes that can be an advantage to a company if they’re needing that skill to beat a competitor or save money. ………..
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