Define 'Recruitment'. State any five merits of internal sources of recruitment.
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Solution
The process of finding and hiring the best-qualified candidate (from within or outside of an organization) for a job opening, in a timely and cost effective manner. The recruitment process includes analyzing the requirements of a job, attracting employees to that job, screening and selecting applicants, hiring, and integrating the new employee to the organization.
The benefits / advantages / merits of using internal sources of recruitment:-
It is time saving, economical, simple and reliable.
There is no need of induction training because the candidate already knows everything about the organisation, the work, the employee, the rules and regulations, etc.
It motivates the employees of work hard in order to get higher jobs in the same organisation.
It increases the morale of the employees and it improves the relations in the organisation.