Internal vs External Recruiting - The Economics

Welcome the Internal vs External Recruiting - The Economics module.

In this session, we’ll uncover the strategic considerations involved in choosing  between recruiting from within your organisation and seeking new talent from outside.

You’ll learn about the benefits of internal recruiting, such as leveraging  existing employees' knowledge of the company culture and processes, and the potential for faster onboarding and higher retention rates. We’ll discuss how  internal recruitment can boost employee morale and provide clear career  advancement opportunities. On the other hand, we’ll explore the advantages of  external recruiting, including accessing a broader talent pool, bringing in  fresh perspectives, and filling skills gaps that may not be present within your current workforce.

By the end of this session, you’ll gain knowledge into how to balance internal and external recruiting strategies to optimise your talent  acquisition efforts, ensuring that you attract the right candidates to meet  your business objectives and support long-term growth.