Merits of Internal Sources

Question

What are the different merits of Internal Sources?

Answer 1

The following are the merits of internal sources of recruitment:

1. It creates a sense of security among employees when they are assured that they would be preferred in filling up vacancies.

2. It improves the morale of workers, for which they are guaranteed of the fact that they should be favoured over outsiders when vacancies occur.

3. It promotes loyalty and commitment among employees due to sense of job security and opportunities for advancement.

4. The employer is in a better position to evaluate those presently employed than external applicants. It is because the organisation maintains a record of the development, skills as well as the service of its employees. 5. Time and costs of training will be low because employees remain familiar with the organisation and its policies.

6. Relations with trade unions remain good. Labour turnover is reduced. As the persons in the employment of the company are completely aware of, and also well conversant with its policies and know its operational processes, which require some kind of training, and the chances are that they would stay longer in the employment of the organisation than a new outsider would.

7. It encourages self-development among the employees. It encourages good individuals who are ambitious.

8. It encourages stability from continuity of employment.

9. It can also act as a training device for developing middle and top-level managers.