Question : Which of the following is an advantage of internal recruitment?
Option 1: Fresh ideas and perspectives
Option 2: Reduced training costs
Option 3: Increased diversity in the workforce
Option 4: Access to a larger talent pool
Correct Answer:
Reduced training costs
Solution : The correct answer is (b) Reduced training costs.
An advantage of internal recruitment is reduced training costs. When an organization promotes or transfers internal employees to fill job vacancies, they already possess knowledge of the organization's systems, processes, culture, and job requirements. This familiarity reduces the need for extensive training and onboarding, resulting in cost savings for the organization. Internal candidates are already familiar with the organization's policies and procedures, making their transition into the new role smoother and more efficient.