Hiring Decision
The cost for hiring outside of the company depends on the ¡§headhunter¡¨ company you have hired to recruit for you. It also depends on the type of management and/or executive position you are hiring. However, it will be a costly expense for the company.Another factor is the person you have selected and hired for the management position, may not be able to connect with the existing employees. The new manager will be under great stress to prove him or herself to the employees who are more familiar with the company policies and procedures. Another aspect is the new managers established ¡§work habits¡¨ and ethics, they may not be diplomatic or complementary to already established staff and job. The company also has to assume the risk it is taking in demoralizing and de-motivating the employees considered from within the company, but who did not get position. Moreover, the company must consider the abandonment of current clients because of new management. Lastly, here are a few tips offered by James Parker on finding the right person when hir
After careful consideration for promoting within the company or scouting and hiring outside of the company, we have found in our research that promoting from within the company is strategically sounder than scouting and hiring externally. Also, this new management style will inject new ideas into the existing team and perhaps help to attract and bring in new employees and clients. Another, is the newly hired manager will need time to adjust and learn about the organization¡¦s existing policies and procedures.
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Approximate Word count = 732
Approximate Pages = 3 (250 words per page double spaced)
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