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Hiring internally or go- external.

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Rated Skills
·Apr 9, 2022·

2 min read

Hiring internally or go- external.

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Table of contents

  • The Benefits of Hiring Internally
  • The Drawbacks of Hiring Internally

Hiring is hard. It's not just about finding the right skill set – it's a long-term commitment and a match between employer and employee that fits and aligns with both of their future goals. And yet, so many companies struggle with hiring in today's market.

There are two ways to solve this problem: go to a third party for help or hire people internally and keep the knowledge within the organisation. Both have their own benefits and drawbacks, but which one is better for your company? Let's take a look at each option in more detail:

The Benefits of Hiring Internally

When you hire internally, you're bringing on someone who already knows your company culture, values, and goals. They're also familiar with your products or services – something that can be difficult to find when looking externally. This means they can hit the ground running much faster than someone who doesn't know anything about your business. Additionally, internal hires are often less expensive than external hires because you don't have to pay recruiting fees or relocation costs.

The Drawbacks of Hiring Internally

One potential drawback of hiring internally is that you may not have enough open positions to meet all of your staffing needs – meaning some talented people may get left out in the cold because there just aren't enough jobs available at your company right now.. Additionally, if an internal hire doesn't work out it can be difficult (and sometimes costly) to let them go without damaging morale within the organisation

 
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