Internal and external recruitment Essay Example | Topics and Well Written Essays - 2750 words

Internal and external recruitment - Essay Example In external recruitment, employees are hired after conducting advertisement. External recruitment is also useful for organization because in this case, there is a large pool of candidates to be selected from. The major sources of external recruitment include employment agencies, educational institutes, and employment at factory level, advertisement, labor contractors, recommendations and employment exchanges. Internal and external recruitment, both have their own advantages and disadvantages. It depends upon the companies and their situations as what suits them the best. No matter if the recruitment is done internally or externally, the problem which arises with both the forms of recruitment is of Employee Turnover. Irrespective of the fact that employees are hired internally or externally, turnover always exists which has become a crucial area of consideration for employers. In many cases, employees who are hired internally leave the organization due to various reasons but in some cases, externally hired employees persistently perform their jobs without having an intention to leave. Many researchers and experts argue that only internal recruitment can reduce cost which is related to hiring and recruiting employees from external source but what if employee turnover rate is high? The cost which would be saved from externally recruiting employees will be spent on replacing them after they leave. Therefore, this paper discusses this most important issue of Employee Turnover which arises in both the forms of recruitment; External Recruitment as well as Internal Recruitment. The issue of employee turnover has received substantial attention of human resource experts and professionals, industrial psychologists and senior management. It is considered as one of the most costly inflexible challenges of human resource management which is widely confronted by the organizations. (SIGMA Assessment Systems Inc. , n.d.) Before coming