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Compare the merits of internal and external sources of recruitment. - Commerce

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Question

Compare the merits of internal and external sources of recruitment.

Distinguish Between
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Solution

Sr. No. Basis Internal Recruitment External Recruitment
1. Economical Saves cost of advertisement, screening, and orientation. May involve significant costs in advertising, agency fees, and training.
2. Time-Saving Faster as candidates are already available within the organization. Time-consuming due to advertisement, interviews, and induction.
3. Employee Morale Promotes motivation and loyalty among employees by offering promotion opportunities. Fresh candidates may not initially connect with company culture.
4. Familiarity Internal candidates are familiar with company policies, procedures, and culture. New recruits bring diversity but may need time to adjust.
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Sources of Recruitment
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Chapter 10: Staffing - EXERCISES [Page 305]

APPEARS IN

C. B. Gupta Commerce Volume 2 [English] Class 12 ISC
Chapter 10 Staffing
EXERCISES | Q 9. (i) | Page 305
Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 11 Recruitment, Selection and Trading
EXERCISES | Q 2. i. | Page 187
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