10 Tips For a Successful Internal Hire

Even under ideal conditions, finding and hiring the best person for a job is a challenging proposition. Budgetary constraints, urgent recruiting needs, and employee morale are all part of the balancing act recruiters and hiring managers face. 

Since the process of advertising job openings, screening applicants, and arranging multiple interviews is costly and time consuming, many companies opt for a streamlined approach to filling key positions. In addition to faster turnaround time and lower recruiting costs, internal hires bring about mutual benefits for both employers and personnel.

Internal recruitment is the process of identifying and recruiting in-house talent to fill job vacancies within an organization. Although there are advantages and disadvantages to hiring a current employee for a different job in your company, promoting from within is a policy that is both popular and cost-effective.