Questions for review

1. What are the pros and cons of five sources of job candidates?

1) Hiring or Promoting from Within

Pros – One of the biggest pros for this option is cost savings with internal postings and recruitment often costing next to nothing. As well, by looking internally to find someone who has the skills and qualifications to complete the job, you will have a much greater insight into what the person is capable of. Finally, promotion from within helps in the retention and attraction of employees.

Cons – The biggest downside to hiring from within is that you will still have a vacant position to fill so you will need to start the entire process over again and now you have two positions to train for.

2) Referrals

Pros – It is relatively inexpensive (some companies offer referral bonuses) and will encourage the loyalty of current employees who are making the referrals.

Cons – If things do not work out with this referred employee, you could end up with a conflict. What are the potential consequences if I have to let the newly referred employee go? Will I lose the current employee who referred the person for the position?

3) Newspaper Advertising

Pros – The biggest advantage to advertising in the newspaper is the wide distribution within your required location. For many newspapers these days, this can include display on the newspaper’s website for additional distribution.

Cons – The biggest disadvantage is that the “net” that you cast is very large and you may receive many unqualified resumes. On top of this print advertising is decreasing in popularity, has a short lifespan (usually a day or two) and can be expensive.

4) Job Fairs

Pros – If you are an organization looking to fill several open