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State any four merits of internal sources of recruitment. - Business Studies

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Question

State any four merits of internal sources of recruitment.

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Solution

The merits of internal sources of recruitment are as follows:

  1. Cost-Effective: Internal recruitment is typically less expensive than external recruitment because it avoids advertising, screening, and interviewing a large number of candidates.
  2. Faster process: When an organization already knows the individuals and what they can do, hiring from within is often faster.
  3. Employee morale: Recruiting from within the company can boost happiness because it gives workers opportunities to grow and move up.
  4. Reduced risk: Hiring from within lowers the risk of hiring the wrong person because the company already knows about the employee's performance and work ethic.
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2024-2025 (March) Delhi Set 3
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