Do you have a new opening in your business? The question of whether to hire a new employee or hire internally may have crossed your mind already. This challenging step in hiring is crucial, and you stand to benefit by understanding everything about it. This blog post will help you determine whether or not each choice is right for the job you need to fill.
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Depends on the job
The straight answer to this question is that it depends on a variety of factors. One of these factors is the job itself. Would your company benefit more if the job was filled externally or internally?
Consider the impact the position has company-wide. A relatively high-impact position, such as in management or sales, may be better suited for someone who is already comfortable at your company and has plenty of experience with similar duties. A relatively low-impact position, such as janitor or delivery, might be better for a new hire.
Also consider what the position is in relation to others. A management position could be best-suited for someone who is already in your company looking to move up. A new face in management might disrupt the workplace. A warehouse worker job, on the other hand, is a great place for someone new. It would give them an opportunity to prove that they have what it takes to move up later on.
Money & Time
Money and time investments should also be on your radar. Training a brand-new employee not only costs money, but also time. This goes double if the position has a long training process
With hiring someone new, there are many more risks involved. The person may not be suited for the job, or they might not end up liking it. If they leave, the whole process starts all over again. Hiring someone new can also come with some unpleasant surprises. They may present well in interviews but act like a completely different person on the job.
For internal hires, there’s a level of trust and built rapport you can rely on that helps make things go easier. Even if your employee isn’t suited for the job or they don’t like it, there’s a greater chance they can return to their previous job.
Effects on your team
Consider what effect a new or internal hire might have on your existing team. If you have a good grasp on the politics of your workplace and are familiar with your employees, deciding to hire internally or externally is easier than if you don’t.
Every workplace has drama, and some are worse than others. If you hire outside, you may need to deal with your team not accepting the new person right away. They may try to get rid of the new person through subterfuge or other unacceptable behavior. Or, on the flipside, the new hire may not work well with your team, despite a good showing during interviews.
If you hire internally, the promoted employee might not have been on good terms with the rest of the team. An unpopular person might start using their newfound power to make work unpleasant for other co-workers they dislike. Conversely, a good employee who is well-liked by their co-workers is an excellent choice.
Looking to fill new positions externally? Contact us today to learn more about how temporary & contract workers can help your business.