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Essay / Research Paper Abstract
This 10 page paper examines the advantages and disadvantages when a company choose to either recruit new staff internally or externally. The paper looks at the overall differences and then considers the strengths and weaknesses by looking at the recruitment process. The bibliography cites 7 sources.
Page Count:
10 pages (~225 words per page)
File: TS14_TEextintrec.rtf
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Unformatted sample text from the term paper:
input they can provide, Some companies will prefer to recruit internally, with arguments such as increased knowledge of the company and existing commitment, other may prefer to recruit externally citing
arguments such as the need for new blood and a broader choice of candidates. There are advantages and disadvantages for each method of recruitment and for many companies there may
the pursuance of both routes of recruitment. If we look at internal recruitment we need to look at how the internal about market operates within a firm. The internal labour
market is defined as a market where "the pricing and allocation of labour is governed by a set of administrative rules and procedures" (Doeringer and Piore, 1971: 1).The internal market
is a different structure of labour, but does have do some similarities, however it appears to depart from the central market in behaviour characteristics for example, supply and demand in
terms of the labour supply and wages is less emphasised. The key characteristics are the limited access of the external market to the market where labour is being traded, this
usually reduces the access to that market to external actors. The use of internal staff is more prevalent in term of promotion, there are often specifically in house training schemes,
where jobs will be specific to that organisation. These may be very specialised jobs or jobs where there are few alternative recruitment sources.
The aim of the use of the internal labour market is often to ensure long term employment, following investment in the employee by the employer. This is why the
internal labour market is seen most often in very large firms. Examples of the internal labour market are seen with the local government as well as the National health Service
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