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Tapping external sources for various job positions has many benefits.’State any four such benefits. - Business Studies

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Questions

Tapping external sources for various job positions has many benefits.’State any four such benefits. 

State any four benefits of using external sources of recruitment.

Answer in Brief
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Solution

The benefits of external sources of recruitment are as follows:

  1. Qualified personnel: Skilled and knowledgeable individuals can be recruited from outside sources. To get a mix of experienced employees and fresh thoughts, there should be a steady flow of newly skilled people into the business.
  2. Wider choice: Compared to the internal source, the external source has a greater selection. Internally, only existing employees can be considered for the empty position, yet many people are waiting for the job, and thus many will apply.
  3. Competition booster: When the organisation hires workers from outside sources, the existing employees may feel pressured to compete with the new ones to keep their jobs. This will promote healthy competition inside the company.
  4. Exploit market conditions: External sources might help an organisation utilise labour market conditions to save on labour costs when an organisation is experiencing market fluctuations in demand or supply.
  5. Fresh Talent: Employees join as Knowledgeable individuals, which decreases the training time required for new personnel. These applicants may have prior expertise in other sectors, allowing them to provide new ideas and exhibit alternative approaches to work.
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Notes

Students should refer to the answer according to their questions.

Staffing - Recruitment Process
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2022-2023 (March) Outside Delhi Set 2

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