Innovative HR Solutions, LLC

Tuesday, October 12, 2010

What are the Benefits of Promoting from Within your Company?

Today with business facing strong headwinds from both domestic and foreign competition retaining quality staff that have a proven track record is more important today than it has ever been. With unemployment near 10% and a flood of applicants trying to secure employment, Human Resources should re-examine their internal application process.
 
HR departments should internally post all open position for a minimum of 10 business days, establish a process for employees to apply for an open position and companies should encourage all qualified internal candidates to apply. If there is a skill deficiency consider looking at providing the internal candidate with additional training or support as you have a proven quality employee. Always get back to all of the candidates by letting them know of the hiring manager’s decision. Often times hiring an internal candidate will be an employer’s best decision as you have access to the candidates performance reviews, typically there is no drug testing, background checks or concern about performance.
 
Consider establishing a career opportunities program for your company. Promoting from within is often times the best business decision a company can make.

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