Question

Why are internal sources of recruitment consider more economical ??

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Answer 1

hey!!

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Answer:-

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• Filling of jobs internally is cheaper as compared to getting knowledgeable candidates from external sources or forces. because only transfer or promotion has to be done.

• It does not involve the long process of staffing or selection.

• It increases the cost in the form of more time money and efforts in recruiting.

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Answer 2

Answer:

Explanation:

Filling the jobs through internal sources is cheaper in terms of time as well as money. On one hand, the time spent in the whole recruitment and selection process is diminished to a large extent through internal recruitment. On the other hand, it lowers the cost by saving the expenditure on advertisement and other related processes. Along with this, the money spent on training of the new employees is also curtailed. Thus, in contrast to other sources, the internal sources of recruitment are more economical in nature.

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