In A Survey Of Large Well Known Businesses Respondents Said Over One Fourth Of P

In a survey of large, well-known businesses, respondents said over one-fourth of positions are filled with people who already work for the company and accept a promotion or transfer. As companies have begun to grow again, the greater demand for talent requires more external recruiting.

1.   What are the benefits of filling a position with an internal source? What are the limitations?

Suppose an organization expects a labor shortage to develop in key job areas over the next few years. Recommend general responses the organization could make in each of the following areas:

  1. Recruitment
  2. Training 
  3. Compensation (pay and employee benefits)
 
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