INTERNAL vs EXTERNAL SOURCING – WHICH WAY TO GO?

When it comes to sourcing staff, there are two avenues to take – sourcing externally from existing staff, or looking externally for someone new to the business. Both have their pros and cons. Let’s take a look.

Deciding to promote from within

 

When looking to fill positions within your company, it is definitely worth looking internally first to see if an existing staff member is both qualified enough and suits the role. They are already familiar with the business so less time learning the ropes of the core business is required, and they have potentially established relationships they can build upon in their new role.

 

Promoting from within gives staff incentive, knowing that their efforts can lead to potential promotion up the corporate ladder.

Deciding to source externally

 

Sourcing externally for staff can bring a breath of fresh air to a business. It opens up your business to new ideas, new ways of doing things and new staff bring new enthusiasm which can be a great benefit for businesses that are stuck in a rut.

 

Sourcing externally means you can choose from a wide range of qualified delegates, as opposed to potentially promoting internally with staff that may not perfectly fit the bill. Sourcing externally allows you to be more stringent and perhaps objective in your choices as there is no emotion or connection to existing staff members.

 

Whether you decide to source from within or externally, the most important thing is that you are hiring the right person for the job – no matter which side they come from.

Maitland

93 Lawes Street, East Maitland

P: 02 49 336 888

F: 02 49 330 684

Newcastle

Shop 8, 21 Merewether St, Newcastle

(Opposite the Crowne Plaza)

P: 02 4925 2094

Brisbane

Lvl 22, ‘Northbank Plaza’, 69 Ann St, Brisbane

P: 07 3112 5121

 

Sydney

Lvl 20, Tower A, ‘The Zenith’, 821 Pacific Highway, Chatswood

P: 02 8448 8160

Gold Coast

Lvl 13, 50 Cahill Ave, Surfers Paradise, Gold Coast

P:07 5635 4261

Melbourne

Lvl 39, 385 Bourke St, Melbourne

P:03 8459 2175

 

Postal Address
PO Box 2519, Green Hills, NSW 2323

gavin@bottrellaccounting.com.au

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