Hiring employees from outside the organisation is referred to as external sources of recruitment. Job openings are advertised to the general public through a variety of techniques, including newspaper or television advertisements, college recruitment, employment exchanges, walk-in interviews, organisational websites, job fairs, and job portals, among others.
Advantages of External Sources of Recruitment
The following are some of the benefits of hiring from outside sources:
1. Increased Chances
As a result of the increased possibility, the organisation obtains a greater variety and number of candidates that possess the necessary knowledge and skills to fill the position. When a company hires from the outside, it expands its pool of candidates, increasing the chances of finding the right person for the job. Using the external recruitment strategy, this greater probability provides better access to talented and qualified workers for the organisation.
2. Qualified Personnel
Management can entice skilled and trained people to apply for open positions in the firm by leveraging external sources of recruitment.
3. Being Fair
Because the competition is wide and broad, candidates have more opportunities to apply for open positions in businesses. When job openings are publicly advertised, a high number of people from outside the organisation apply.
4. Fresh Talent
It's possible that the current workforce is insufficient, or that they don't meet the job requirements. External recruitment broadens the pool of candidates and introduces new blood to the company. Bringing in new talent from outside the organisation might motivate current employees to produce and achieve more in the hopes of receiving a promotion.
5. Competitive Mindset
If a corporation hires outside help, the existing employees will have to compete with the newcomers. There is a likelihood of increased rivalry in the external recruitment process when it comes to acquiring new talent. External recruitment might offer a company with the fresh perspective on business that it needs to be competitive.
6. Internal Politics
Internal politics are less of an issue in the external recruitment process because there is less of a chance that the candidate will run into existing candidate's internal politics.
7. Concepts from Other Industries
Another clever trait that may be detected in candidates hired through external recruitment is that they offer original and novel approaches that are not followed by their competitors or other employers.
Disadvantages of External Sources of Recruitment
The following are some of the disadvantages of hiring from outside sources:
1. Limited Understanding of the Organisation
When a candidate is chosen through an external recruitment process, there is a potential that he or she will have a limited awareness of the company's environment.
2. Existing Employees are Dissatisfied
Existing personnel may be dissatisfied and frustrated as a result of external recruitment. They may believe that their chances of advancement have dwindled. When a corporation selects a new application for a senior job above existing prospects, there is a greater likelihood that present employees would display some type of internal conflict among company authorities.
3. Lengthy Procedure
It takes a long time to recruit from outside sources. To begin the selection process, the company must announce the openings and wait for applications. External recruitment has a number of drawbacks, including the fact that it takes time because most organisations promote their open positions on the internet.
4. Expensive
Recruiting personnel from outside sources is quite expensive. A significant amount of money must be spent on advertising and application processing. Because the majority of the external recruitment procedure deals with brand new candidates, organisations must devise a compensation scale for that candidate that reflects his or her aptitude and skill.
5. Risk
There's a chance that the candidate chosen for the job isn't deserving of the position, and that he or she will take advantage of the company's predicament.
6. Recruits Wrong Candidates
External advertising strategies are used on a broad scale through print media, attracting a high number of applications who are unfit for the job opening.