Cost and Benefits of Internal Recruitment for ACE Media Group - http://free-writing-essay871.mystrikingly.com/ Essay Example
ACE Media Group will also save training and recruitment costs as the employee recruited will not need intensive training to perform his or her duties as a project lead in Malaysia. The director will only need to acclimatize to the foreign business environment but will not struggle to acquaint himself with the policies of the firm. The approach is also beneficial to the organization as it is much easier. The HR recruitment team will have access to sufficient information on potential candidates from its various branches across the world such as Sydney, UK, France Singapore and China. The availability of the information pool will make the selection process easier. In addition, internal recruitment will also facilitate succession planning. ACE Media group will incur several costs associated with internal recruitment. First, they would bear the opportunity costs linked to recruiting old talent who lack new perspectives acquired from outside the organization.
