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Tuesday 17 February 2015

Internal and External Recruiting Methods

What is Recruitment?

Recruitment is the process of finding and sourcing quality profiles for the organization. It includes researching profiles that exactly fit the role. Recruiters find the profiles on job boards, social sites, references, resume database, and through head hunting techniques. Strong communication in English or other languages including creative talking, convincing skills, and follow-up are required to recruit the candidates.

Sources of Recruitment

Recruitment can be divided into 2 types.
1) Internal Recruitment
2) External Recruitment
Companies have 2 option recruiting candidates’ i.e. internal sources and external sources.

Internal Source -An internal source of recruitment involves recruiting candidates internally. The employees currently working in their own organization are departed to other department or higher position. If the employees’ performance are excellent and up to the mark, they are given chance to occupy higher level from the current post. If extra skills required, organization are ready to provide training. This is one of the easiest ways of selecting candidates as the performance of their work already analyzed by management.

External Source -An external source involves recruiting candidates externally for better performance. External employees already worked for major companies or competitors have better understanding of business strategy and competitive market. Though recruiting external candidates might be tougher but it has some positive effect on business.

Methods of Internal Source:
1) Selecting top talents within an organization to higher level
2) Promotions
3) Internal Advertisement
4) Former Employees on contract basis
5) Former Employees on part time work
6) Temporary employees to permanent
7) Contract employees to temporary
8) Contract employees to permanent
9) Retired employees for freelancer position

Methods of External Source:
1) Job portals.
2) Social media recruitment.
3) External employees for freelancer.
4) External employees for part time.
5) External employees for project basis or contractual position.
6) Newspaper Ads and Magazines
7) Website.
8) Campus recruitment.
9) Direct Walk In.
10) Retired employees from Ex-companies for contract, part time, project basis.
11) Recruitment agencies.
12) Internal employee referrals.

Advantage of Internal Recruitment
1) Easiest way and cost reduction
2) Less time consuming
3) No deep interview required
4) Promoting to high position increases identity of employees thereby long stay with the company.
5) Competition among employees to occupy high level when co-employee gets promoted.

Advantage of External Recruitment
1) Create new opportunities for job seekers and experience employees.
2) Branding increases externally.
3) More applicants from external employees resulting pool of rich source of candidates of unique employees.
4) Increases business strategy because external candidates of unique skills can take business to extra mile.
5) No partiality among unique employees.
6) Ability to recruit the candidates with special skills they look for.
7) No need of training on current skills as external employees are already filled with the skills it needs.
8) Business strategy can increases within no time if hired right candidates.
9) High productivity

Disadvantage of Internal Recruitment
1) Discrimination may exist in respective to caste, language, religion for promotion.
2) Dissatisfied co-employee can quit the position because of jealous or partiality
3) No opportunities for external employees.
4) External candidates seeking employment think about discrimination
5) No unique employees

Disadvantage of External Recruitment
1) More time consuming
2) High cost
3) Sourcing quality profiles becomes difficult
4) External candidates ask for more salary and benefits
5) Candidates may quit the job within short period.
head hunting

Which is better, internal recruitment or external recruitment?

What happens if there is sudden change in technology? When economy changes, new technology arises creating plenty full of employment, and steady increase in competition among employers including employees for business and jobs and people go for more sophisticated environment adapting in sensitive nature. External candidates with extra skills and current technical knowledge are well aware of business and competitive market while internal candidates are also aware of new technology theoretically but they lack practically since they are already adjusted using old technical skills. Therefore, Recruiting external candidates helps for better business growth.

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