Internal vs External Recruiting

As we all know, human resources is one of the most important resources of an organization. In fact, the success of any businesses depends largely on the quality of the staff employed. Therefore, recruitment is a vital process that can decide the success or failure of a business. Recruiting employees with suitable skills can add value to the company.There are actually 2 main methods of recruiting: internal recruiting and external recruiting.

Internal recruiting occurs when the company looks for the new vacancy from its existing workforce, whereas External recruiting is when the company fills the vacancy from applicants outside the company.

From one point, internal recruiting is cheaper and quicker than external recruiting. Moreover, the employee is also familiar with the organization, and will be more quickly adapt to the new environment. From another point, it will limit the opportunity to find a new talent outside. Besides, it also creates another vacancy to fill in.

The advantages of internal recruiting are also disadvantages of external recruiting. If internal recruiting is known by its low cost, external recruiting requires a large amount of money for job advertisement, selection process, as well as job interview. However, it provides management with more choices; moreover, an outside person often brings in more new ideas than an internal staff who gets used to everything in the corporation.

Every method has its own strengths and weaknesses. Depends on the types of businesses, and the characteristics of the position, the management team can decide which is the best method that can maximize its strengths as well as minimize its shortages.