The External Sources of Recruitment mean hiring people from outer the organization. Job openings are knowledgeable to the outside surroundings by using diverse methods such as paper or TV advertisements, campus recruitment, employment exchanges, walk-in interviews, organizational websites, job fairs, and job portals, etc.
Advantages and Disadvantages of External Sources of Recruitment
Advantages of External Sources
The advantages of using external sources of recruitment are as follows:
- Increased chances:
In this increased chance, the company receives a diversity and number of candidates who owns knowledge and capability to hold that job. When an organization recruits externally, it opens the organization up to a bigger pool of applicants, which increases its possibility of finding the correct individual for the job. This increased chance provides better accessibility of skilled and qualified employees for the company by using the external recruitment method.
- Qualified Personnel
By using external sources of recruitment, the management can attract qualified and trained people to apply for vacant jobs in the organization.
- Being fair:
Since the competition is open and broad there is more chance for candidates where they can apply for vacant positions in organizations. When vacancies are advertised widely, a large number of applicants from outside the organization apply.
- Fresh Talent
The present employees may be insufficient or they may not fulfill the specifications of the jobs to be filled. External recruitment provides a wider choice and brings new blood into the organization. Bringing in fresh talent from the outside can help inspire the present employees to generate and attain more in hopes of obtaining the subsequently promotional opportunity.
- Competitive Spirit
If a company taps external sources, the existing staff will have to compete with the outsiders. In the external recruitment procedure, there will be a possibility of facing enhanced competition in terms of hiring fresh talent. External recruitment provides an opportunity for a fresh attitude on the business that a company may require to stay competitive.
- Lesser internal politics:
In the external recruitment procedure, there is a very fewer risk that the candidate might face internal politics of existing candidates.
- Ideas from other industries:
Another smart issue that can be observed from candidates recruited from external recruitment is that they offer exclusive and new ways which are followed in the opponent or other companies they worked for.
Disadvantages of External Sources
- A limited understanding of the company:
When an applicant is selected from an external recruitment procedure, there is a chance that the candidate might have less chance of understanding the environment of the company.
- Dissatisfaction among existing staff
External recruitment may lead to dissatisfaction and frustration among existing employees. They may feel that their chances of promotion are reduced. When a company considers a new applicant for the senior position than the existing candidates, then there is a higher chance that the company existing employees might show some sort of internal dispute among the officials of the company.
- Lengthy process
Recruitment from external sources takes a long time. The business has to notify the vacancies and wait for applications to initiate the selection process. The major disadvantages of external recruitment are that it is time-consuming as the majority of the companies post an advertisement for their company recruitment constrain.
- Costly process
It is very costly to recruit staff from external sources. A lot of money has to be spent on advertisement and processing of applications. As most part of the external recruitment procedure mostly deals with absolute new candidates then the companies need to come up with a pay scale for that candidate which should value his/her ability and skill.
- Higher risk
There is an opportunity that the applicant selected for the post is not worthy of the position offered and he/she can take advantage of their situation in the company.
- Invites unsuitable applicants:
External advertising methods are something that happens in large scale through print media and hence a huge number of applicants who are not fit for the job post are drawn in.