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  • Essay / The disadvantages of internal recruiting - 715

    According to the Saratoga Institute, the average cost of internal recruiting is 1.7 times lower than that of external recruiting, or $8,676 versus $15,008 (Schawbel, 2012). The second advantage is the ability to evaluate workers more accurately since the organization already has information about them. For example, Shaw Group Inc., an engineering company, is working on a management system that stores a large amount of databases, which can "track worker skills and experience" of its 27,000 employees (Silverman and Weber, 2012). Many large companies view internal recruiting as strategic management that fully utilizes the current workforce. Various large companies and industries, such as Cisco, use Talent Connection for their employees to create profiles when applying for a new position. Internal recruiting is a way to acquire talent while minimizing costs while having more reliable sources to evaluate job performance. Thus, organizations will achieve excellent results, such as efficiency and productivity, by employing